Aboitiz Equity Ventures, one of the Philippines’ biggest business conglomerates, intends to address this demand for such developments with the help of its real estate arm.Read More
For several successful years, AboitizLand has been at the helm of establishing world-class industrial estates in the country’s up-and-coming progressive locations.
Located in Lipa-Malvar, Batangas is AboitizLand’s newest development: the LIMA Technology Center (LTC). Situated within the 600-hectare township of LIMA Estate, LTC serves as a mixed-use development and new-generation industrial park that establishes itself as a world-class, industrial-commercial hub. The park sits 350 meters above sea level between Lipa and Malvar, keeping the area generally flood-free. Major roadworks and highways are also in place around the area, making the Makati CBD, Manila Port, and Batangas International Port, among others, easily accessible (an hour or two drive).
LTC is currently host to 111 locators, including export- oriented companies with manufacturing and warehousing operations like those from the automobile and motorcycle production sector, as well as producers of printers, plastic moldings and LCD projectors. These industries have helped generate more than 55,000 jobs in the Lipa- Malvar area, allowing the development to tap into the sizable, highly skilled, and highly competent workers in fast- developing Batangas.
Located, meanwhile, in the western coastal town of Balamban is the flagship development which to this day serves as a testament to the company’s long- standing commitment to provide value to the land it stands on. The West Cebu Industrial Park (WCIP) was developed in 1992 through a joint venture between Aboitiz Equity Ventures and Makoto Kambara of Japan’s Tsuneishi Holdings called the Cebu Industrial Park Developers, Inc. (CIPDI). Thanks to WCIP, Balamban was transformed from a fourth-class municipality into a first-class one and would be identified as Cebu’s new industrial core. The once-simple seaside town flourished and ushered in a wave of industrialization.
WCIP also adds value to the environment in which it operates, being staunch advocates of sustainable development. Locators and stakeholders are ensured that they are supported on a world-class level while protecting the environment and meeting the societal needs of neighboring communities. For instance, the wastewater of locator Tsuneishi Heavy Industries, Inc. (THI) gets treated before it is discharged, separating residual wastes for landfill disposal. It also organizes annual tree and mangrove planting activities, with the goal of planting 2,500 indigenous tree seedlings and 5,000 mangrove propagules.
AboitizLand’s third industrial park is also located in Cebu. The 63-hectare Mactan Economic Zone II (MEZ II) is a project developed in partnership with the local government, meant to strengthen the province’s export market through several efficient manufacturing facilities. The vast export zone is home to over 40 industrial locators that provide thousands of additional jobs.
A host of other establishments can be found in Pueblo Verde, MEZ II’s mixed-use commercial hub. From BPO IT facilities, restaurants, service facilities, banks, to office spaces and a supermarket, the charming lifestyle hub caters to over 14,000 employees and tourists that flock for some much-needed dining, shopping, and recreational respite.
Being at the forefront of some of the country’s biggest, fastest-developing, and sustainably-built industrial parks and mixed-use hubs, AboitizLand is poised to help provide more job opportunities to more Filipinos, and to continue working hand-in-hand with its stakeholders for generations to come.
For more information about AboitizLand, Visit www.aboitizland.com
In the beginning, the Aboitiz Group viewed land as a passive investment, something that does not generate impressive returns compared to its other enterprises, until the company decided to take the first step in real estate in Central Philippines, winning over investors and doubters alike.