New IT Park for Lexmark
Monday, November 7th, 2005
The Chiongbian family announced that there three lots, covering 5,192 is now proposed to be leased by Lexmark Research and Development Corporation for additional expansion. The family is asking the Export zone Authority to declare it as an IT export enterprise, and for the property to be named as Lexmark Plaza.
The proposed project is expected to cost P2.5 billion and is expected to generate employment of 450 engineers and professionals. The Chiongbian family owns the lot through Efficient Holdings Inc., (EHI).