Aboitiz InfraCapital Economic Estates shines at DOT Property Awards 2024, setting new standards for industrial development in the Philippines

Aboitiz InfraCapital Economic Estates has achieved a significant milestone at the DOT Property Philippines Awards 2024, earning two distinguished recognitions: Best Green Development for LIMA Estate and Best Industrial Development for TARI Estate. These accolades highlight Aboitiz InfraCapital’s dedication to fostering innovation, sustainability, and economic growth through the establishment of world-class, future-ready estates that are transforming the industrial landscape in the Philippines.

LIMA Estate was honored with the Best Green Development award, emphasizing its role as a pioneer being the first, largest, and only industrial estate in the Philippines to receive a 5-star BERDE certification from the Philippine Green Building Council. This recognition sets a new precedent for sustainable industrial development, solidifying LIMA Estate’s position as a leader in promoting environmentally responsible business communities. Strategically located in Batangas, LIMA Estate offers locators a comprehensive ecosystem designed to future-proof businesses with its green infrastructure and innovative solutions, enhancing operational efficiency while contributing significantly to the region’s economic progress.

LIMA Estate is a 940-hectare PEZA-registered Economic Estate hosting 187 locators and 71,000 employees. Located in Lipa-Malvar, Batangas, it is the largest privately-owned industrial estate in the Philippines and features a 70-hectare commercial district that integrates diverse asset classes, including commercial lots, retail spaces, office buildings, residential areas, dormitories, institutional facilities, and hospitality services, along with a transport terminal.

“The BERDE certification of LIMA Estate is a monumental achievement that underscores our steadfast commitment to developing industrial estates that prioritize both economic advancement and environmental stewardship. This award inspires us to continue leading the way in creating smart, sustainable, and resilient communities throughout the Philippines,” stated Rafael Fernandez de Mesa, President of LIMA Land and Head of Aboitiz InfraCapital Economic Estates.

Similarly, TARI Estate in Central Luzon received the Best Industrial Development award, recognizing its role as a transformative force in the region’s industrial growth. Designed to support industries of the future, TARI Estate combines cutting-edge infrastructure with a strategic location that enhances connectivity and business expansion. With a projected capacity to generate up to 60,000 jobs, TARI Estate’s inclusive development strategy is poised to create lasting economic opportunities for local communities, positioning itself as a key driver of sustainable industrial development.

TARI Estate is a 200-hectare Economic Estate set to transform the industrial landscape of Central Luzon. Located in Tarlac City, Tarlac, it is projected to create up to 60,000 jobs, and will strategically integrate diverse asset classes, including commercial lots, retail spaces, office buildings, residential areas, dormitories, institutional facilities, and hospitality services, along with a transport terminal.

“At Aboitiz InfraCapital, our vision extends beyond developing industrial estates; we strive to create dynamic, self-sustaining communities that thrive on job creation and sustainable practices. TARI Estate embodies this vision, transforming Central Luzon into a thriving hub for emerging industries,” added Fernandez de Mesa.

With over three decades of expertise in industrial estate development, Aboitiz InfraCapital Economic Estates oversees more than 1,700 hectares of prime industrial land, hosting 250 world-class locators and contributing to the creation of 100,000 jobs across the Philippines. These estates are recognized for delivering future-ready, integrated solutions that empower businesses to flourish while enhancing the quality of life in surrounding communities.

The recognition of LIMA Estate and TARI Estate at the DOT Property Awards firmly establishes Aboitiz InfraCapital’s leadership in industrial estate development. As the company continues to expand its presence across the country, it remains committed to setting the benchmark for next-generation, smart, and sustainable estates that drive inclusive economic growth and generate positive social impact.

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