Carmelray Property Holdings, Inc.

The Carmelray Group is a property developer, estate manager, and service provider established in 1990 by the Ramon A. Yulo family. The company builds progressive and thriving mixed-use industrial, residential, and commercial developments south of Metro Manila. Carmelray operates two Special Economic Zones in Canlubang and Calamba, Laguna, housing 130 locators and providing employment to 60,000 people. The group also provides utilities, wastewater treatment services, and environmental management.