The First Cavite Industrial Estate, Inc. (FCIEI) was formed through a joint venture among the National Development Company (NDC), Marubeni Corporation and Japan International Development Organization Ltd. (JAIDO) primarily to develop the 154.5-hectare NDC property in Dasmariņas, Cavite into an industrial zone named as First Cavite Industrial Estate (FCIE).
The construction of the industrial estate was started in 1991 and was completed in 5 years. In 1997, after having sold all the saleable developed lots, FCIEI transferred the management and operation of the estate including the infrastructure and common facilities to the FCIE Association, an association composed of all the locators within the estate. After the final turn-over in 2000, Marubeni and JAIDO divested their shares making FCIEI a 100% subsidiary of NDC.
The FCIE is now a home to various local and international companies. At present, there are more than 100 locators in the industrial estate.
The transfer of rights and obligations of FCIE Inc. to the FCIE Association (FCIEA) as a Developer has been approved by PEZA and the GCG, but pending with the Office of the President.
Collection function for PEZA administration fees was transferred to the FCIEA beginning January 1, 2017.