According to FLI, a publicly-traded firm controlled by the Gotianun family, Asenso Village would be similar to a cottage industry village where MSME owners/locators, their families, and workers can work and live together at the same time.
FLI’s Asenso Village will cater to MSMEs as a business center for new and existing entrepreneurs. The Business Park will provide facilities such as training centers/ schools, forwarding companies, recycling plants / waste segregation, banks, recreation and sports facilities, environmental management facilities and other support services.
FLI added developer’s tax incentives, which will be applied for with the DTI and is one of the main features of the Project can be extended to the ultimate benefit of the MSME entrepreneurs.
FLI’s newest project is in recognition to the vital role of the MSMEs in the growth of the Philippine economy. MSMEs in the country have already mushroomed to more than 800,000 representing 99.6 percent of all existing enterprises.
The strong force of MSMEs in the country have provided millions of employment opportunities to numerous Filipinos alleviating them from a poverty-stricken life.
FLI’s Asenso Village complements the Arroyo administration’s efforts to further develop the MSME industry. With numerous MSMEs located in one business park, the company said the government will no longer find it hard to monitor and zone these enterprises.
FLI noted that although the government and innumerable institutions have been providing support to the MSMEs largely in terms of training and financial incentives and some access to capital, it is markedly noted that one element for the success of these enterprises is absent, which is having a "dedicated and affordable place of business wherein the MSMEs can readily access the various infrastructure needed for successful operation."
FLI is a publicly-traded company and is one of the largest property developers in the country. FLI taps the low-income to high end of residential market with its socialized housing units, other low-income or affordable housing units, middle-income housing units, upper-end residential subdivision lot and housing units.
Its existing projects include Vista Hills II in Calamba for the affordable and lower middle-income market; the Tropics for the mid-range Corte Bella market, the Classics and the Village Front commercial area at Brentville for the high-end, and the residential farm estate, Nusa Dua, in Tanza, Cavite.
FLI has also lined up more projects including an affordable project called Blue Palm Estate in Sto. Tomas, Batangas, a middle-income house and lot project called The Manors and a leisure community called Lacuna de Taal in Talisay, Batangas.