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Transforming communities. Building for the future.

Our history began in 1990 when the children of Ramon A. Yulo decided to venture into industrial development of the formerly agricultural land that they owned. Led by the daughters Maria Elena and Maria Rosario, they named the company “Carmelray” in honor of their parents, Carmen (“Carmel”) and Ramon A. Yulo (“RAY”), and began a multi-year process to bring industrial locators from around the globe.

Today, Carmelray has developed two progressive and thriving industrial parks in Canlubang and Calamba, Laguna. These industrial parks are classified as Special Economic Zones by the Philippine Economic Zone Authority and are home to 130 locators that give employment to 60,000 people.


Carmelray has also since evolved into The Carmelray Group, comprising of Carmelray Industrial Corporation, San Ramon Holdings Inc., Carmelray II Inc. (formerly known as Carmelray-JTCI Corporation), and Carmelray Enterprises Inc.

These companies work in tandem to:

Continue to follow our work in our Linkages Newsletters.

Mission, Vision, Values

Our mission is to transform land, provide vital services, and manage estates to achieve the highest value for customers, employees, shareholders, communities, and the country at large through excellent service and integrity.

Our vision is to be a world-class property developer, estate manager, and service provider employing best practices and technology to achieve preferred estates that are top-quality, environmentally friendly, and sustainable.

Our values are Customer-Centricity, Excellence, Integrity, Accountability, Teamwork, Innovation, Respect, People Development, and Community & Country.

  • Customer-centric. The customer’s happiness is our top priority.

  • Excellence. We strive for excellence in everything we do. This shows in the quality of our relationships, work, and services.

  • Integrity. We hold ourselves to the highest ethical standards in all our actions.

  • Accountability. We, individually and as a team, assume responsibility for the results of our actions and commitments.

  • Teamwork. We believe in working together as a team and communicating with clarity and effectiveness to bring out the best in us.

  • Innovation. We have a passion for continuous learning and improvement.

  • Respect. We respect one another as individuals, valuing human dignity.

  • People Development. We endeavor to develop people to their full potential as it relates to personal and corporate goals.

  • Community and Country. The care and value we add to the community and country is our legacy.

We hope that you will join us in building a brighter future!

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The Carmelray Group

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Our Team


Board of Directors

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Management Committee


Makati Head Office

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CIP 1 Utilities Team

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Treats Convenience Store

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Carmelray Industrial Park 1

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CIP 2 Utilities Team

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La Kusina Restaurant

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Carmelray Industrial Park 2

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CIP 1 Construction Team


The Mills Country Club


The Junction Team

Location Map

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