Manila, Philippines – Aboitiz InfraCapital Economic Estates, at the forefront of industrial estate development in the Philippines, secured two Gold awards at the esteemed FIABCI Philippines Property and Real Estate Excellence Awards 2023. This marks the second consecutive year the company has been lauded for its pioneering role in industrial development.
West Cebu Estate (WCE), spanning 540 hectares and renowned as the Shipbuilding Capital of the Philippines, clinched Gold in the Industrial Development category. Currently underway with a 39-hectare industrial expansion and gearing up for the establishment of a 3.3-hectare business hub, WCE stands poised to attract a diverse spectrum of industries, fostering approximately 14,000 new job opportunities. These expansions serve as catalysts for fresh prospects, building upon WCE’s illustrious three-decade legacy of empowering businesses with strategic advantages for sustainable growth.
Meanwhile, LIMA Estate, covering 900 hectares and rooted in industrial development, bagged Gold in the Sustainable Development category. Honored with the prestigious 5-star BERDE District Certification from the Philippine Green Building Council and the Smart City Award from the ESG Business Awards, LIMA Estate epitomizes the nation’s transition towards sustainable and intelligent urbanization. Home to 180 companies, accommodating 66,000 employees, and nurturing 4,000 households, LIMA flourishes as a vibrant and inclusive community, seamlessly integrating sustainability with economic prosperity. The upcoming launch of a 40-hectare expansion within its business district further beckons investors and enterprises to Batangas, fortifying its status as a dynamic hub for industry and commerce in the province.
“Being recognized for our excellence in industrial estate development for the second consecutive year at the FIABCI-Philippines’ Property Awards underscores our steadfast commitment to redefine the industrial landscape of the Philippines,” remarked Rafael Fernandez de Mesa, Head of Aboitiz InfraCapital Economic Estates. “We firmly believe that by developing and operating world-class, sustainable, and future-ready economic estates, we not only attract global investors but also significantly contribute to the promotion of the Philippines as a premier investment hub in Asia. This accolade fuels our fervor to persist in innovation and establish new benchmarks for the industry, ultimately enriching businesses, communities, and the entire nation.”
Aboitiz InfraCapital Economic Estates recently launched their 4th Economic Estate, TARI Estate, in Tarlac, exemplifying their dedication to empowering businesses seeking strategic locations beyond Metro Manila. The 200-hectare industrial-anchored estate boasts ready-to-build lots ranging from 2 to 2.3 hectares, offering foreign and local investors immediate access to prime industrial land in a region poised for significant growth.
The FIABCI-Philippines Property and Real Estate Excellence Awards stand as a beacon of distinction within the real estate realm, celebrating exceptional achievements. Clinching Gold in two distinguished categories is a resounding testament to Aboitiz InfraCapital Economic Estates’ leadership in sustainable industrial development.
