Japanese companies will invest $200 million to build LED plant in Philippines

According to Philippines "Manila standard today newspaper" reported on June 20th, Japan Environmental Technology Development Corporation (Jented) and Korean tagatay peak Real Estate Company (TMP) in the Philippines in the Great Lakes, cooperation in the construction of the two luminescence tube (LED) factory, an investment of $200 million. Jented company representatives said the two companies plan to build the plant will have the capacity to produce 1 million LED products per year. Jented said that the brand lamps light weight, easy to install. The project can create more jobs for the Philippines, and help the Philippines to develop the lighting industry.