Tarlac, Philippines - Aboitiz InfraCapital Economic Estates continues to lead the Philippines' industrial development landscape with notable achievements at the FIABCI-Philippines’ 2024 Property and Real Estate Excellence Awards. The company proudly received two Gold awards, marking its second consecutive year of recognition for excellence in the field.
West Cebu Estate (WCE), spanning 540 hectares and recognized as the Shipbuilding Capital of the Philippines, secured the Gold award in the Industrial Development category. Currently undergoing a significant expansion project of 39 hectares and planning for a 3.3-hectare business hub, WCE is poised to attract diverse industries, potentially generating 14,000 new job opportunities. Since its inception in 1992, WCE has played a pivotal role in elevating Balamban, Cebu, to a first-class municipality.
LIMA Estate, covering 900 hectares in Lipa-Malvar, Batangas, clinched the Gold award in the Sustainable Development category. The estate has been distinguished with the prestigious 5-star BERDE District Certification and the Smart City Award, highlighting its commitment to sustainable and intelligent urbanization. With 180 companies, 66,000 employees, and 4,000 households, LIMA Estate serves as a vibrant community integrating economic prosperity with environmental sustainability.
Rafael Fernandez de Mesa, Head of Aboitiz InfraCapital Economic Estates, expressed pride in the company's accomplishments, emphasizing their dedication to setting new industry benchmarks. "This recognition underscores our commitment to driving sustainable growth and innovation across our economic estates," remarked Fernandez de Mesa.
In addition to their recent successes, Aboitiz InfraCapital has launched TARI Estate in Tarlac, a 200-hectare industrial hub offering strategic opportunities for local and international investors.
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