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REPUBLIC OF THE PHILIPPINES       |

OUR RECENT INVESTMENTS

​Manila HealthTek (MTek)
The company specializes in molecular diagnostic and medical device manufacturing. MTek is positioning itself as the Philippines' premier health biotechnology company. It focuses on developing and manufacturing portable diagnostic kits for infectious diseases. Its technology pipeline includes novel point-of-care solutions serving domestic and regional markets. This technology improves the ability to perform key medical tasks such as precise administration of medicine, pharmaceutical development, and advanced diagnostics for early detection of diseases like cancer and genetic disorders. Investments like these not only strengthen medical research in the country. They promise preventive health and better treatment to those who need it. NDC's investment of Php 70 million supports MTek's modernization efforts, enabling the company to expand its R&D capabilities and enhance its manufacturing facilities to meet global standards.
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Davao Thermo Biotech Corporation (DTBC)
The question of more sustainable agriculture deals with its entire ecosystem, from roads and climate to livestock and waste management. The NDC locked arms with Davao Thermo Biotech Corporation (DTBC) to tackle the problem of waste management head on. DTBC represents a pioneering investment in sustainable waste management, utilizing Japanese technology to transform biodegradable waste into high-quality organic fertilizer. DTBTC's solutions go beyond conventional means, such as landfills. The DTBC operates a facility that converts biodegradable waste into biofertilizer. This presents an eco-friendly alternative to commonplace chemical fertilizers and a more sustainable path for farmers and agriculturists in the long-term. This facility, operating in Davao since 2015, employs proprietary hyper thermophilic bacteria technology licensed from Kyowa Kako Co. and Kankyo Wakuchin Vaccine Co. Ltd. of Japan. DTBC's process converts organic waste into biofertilizer within 45 days through high-temperature composting, producing a clean, safe product ideal for vegetable cultivation and seedling germination. NDC's Php 40 million investment, formalized through a Subordinated Note Agreement in December 2023, supports DTBC's expansion and demonstrates the government's commitment to innovative environmental solutions.
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SolX Technologies Inc.
SolX provides clients with an Energy Management System (EMS), expert consultancy with accurate data collection as well as access to a reverse auction marketplace which allows contestable clients to choose their own energy suppliers. The EMS allows SolX access to client's live data which updates every 30 seconds. Each client account will also have their historical energy data stored on the platform, allowing SolX to accurately provide the best energy solution to their clients. The startup has been building its network of energy suppliers and has adapted a reverse auction model marketplace. Said model allows suppliers to bid out their prices for clients to choose and determine the best value, promoting fair pricing, competition as well as democratizing the market. The National Development Company (NDC), the investment arm of the Department of Trade and Industry (DTI), announced its first startup investment under the Startup Venture Fund (SVF), investing Php 11 million in SolX Technologies Inc., a digital energy solutions startup, and released in June 2024. The investment marks a significant milestone in the government's ongoing efforts to support and scale high-potential Philippine startups. Through the SVF, the NDC aims to foster innovation and growth in key sectors, including energy technology, by backing ventures that drive efficiency, sustainability, and economic development.
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NDC Industrial Estate
Development of the 19.2-ha. NDC-owned property at Barangay Langkaan, Dasmariñas City, Cavite into an industrial estate to be registered with the Philippine Economic Zone Authority (PEZA) as Special Economic Zone. NDCIE may host both Export Market Enterprises (EMEs) and Domestic Market Enterprises (DMEs) registered with PEZA as locators.
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