CLARK FREEPORT, Pampanga – The Laus Group of Companies (LGC), one of the largest and fastest growing multi-brand car dealership network in the country, will invest Php70 million for the establishment of dealership and showcase for various automotive brands inside this Freeport.
The LGC, headed by its chairman Levy P. Laus, signed Monday an agreement with Clark Development Corp. (CDC) president Arthur P. Tugade for the lease of 1.9-hectare property in Clark.
“LGC now officially among the long list of foreign and local investors in Clark after signing a lease agreement with CDC for the opportunity to expand LGC’s business in the Freeport,” Laus said.
LGC will establish an automotive dealership sales and service center for the various brands being catered by the company, sales of automotive products, and other similar facilities inside this Freeport.
Laus, who is also a former CDC president, said he was positive of the continuing progress of the Freeport, adding that “the future of Clark is so bright, we have to wear shades.”
“More than ever, Clark will continue to be a very important place for future development,” he said.
Laus, who is also chairman emeritus of the Pampanga Chamber of Commerce and Industry, supports the advocacy of developing the areas outside Metro Manila, among which is Clark.
During the signing, Laus cited Tugade and the CDC management in their efforts to make Clark as one of the country’s top investment destinations because of the continuing sound business atmosphere here.
“I would like to take this opportunity to congratulate (Art) Tugade for the many things he has done here in Clark,” Laus said.
For his part, Tugade welcomed LGC in Clark, saying “the beautiful people that the Laus family represents will be complemented by the beautiful project that will help beautify the landscape of Clark, and not only beautify the physical landscape of Clark, but more importantly beautify the ways of doing things,” Tugade said.
Established in 1978, LGC is a diverse network of companies dealing predominantly in the automotive business industry in Central and North Luzon, including some in Metro Manila.
The LGC represents 11 car brands and its pre-own used car business, aside from being a major ancillary businesses in nano-ceramic films, motor oil, and mag-wheels distribution, auto enhancement, tires, non-life insurance, real estate, financing, tri-media, food services, petrol service station and employs 1,500 workers in its 65 business ventures in the country.