West Cebu Estate recognized as ‘Best Industrial Dev’t in Asia’

The West Cebu Estate managed by Aboitiz InfraCapital(AIC) in Balamban, Cebu clinched the prestigious title of " Best Industrial Development in Asia."

This recognition by the Asia Property Awards establishes Balamban as a vibrant global investment hub.

"These milestones wouldn't have been possible without the invaluable support of our industry partners, national and local government units, and our community members. The collective support and participation of our stakeholders have been instrumental in propelling industry expansion and generating new job opportunities for our fellow Filipinos," says Cyel Auza, AIC vice president for Cebu operations.

"Our success story highlights the vast potential within our nation, and we eagerly anticipate further championing this and nurturing the talents of our local workforce. As we continue to redefine industrial estates in the Philippines, we are committed to drive progress in the countryside, ultimately uplifting the communities where we operate," Auza added.

West Cebu Estate has been recognized as the Shipbuilding Capital of the Philippines, the vast 540-hectare PEZA-registered estate. It stands as a showcase for world-class shipbuilding companies and their robust supply chain.

The employment of 14,000 Filipinos by these companies is a testament to the skill and ingenuity of the Filipino labor force, attracting substantial investments totaling P36.046 billion over the years.

Recently, West Cebu Estate embarked on a 39-hectare industrial expansion, supported by an P800 million investment. This strategic initiative, expected to create 14,000 new jobs, signifies the evolution of the estate from a primary shipbuilding hub to an industrial estate catering to a wider array of industries, including automotive, electronics, manufacturing, and logistics.

In addition to the industrial expansion, West Cebu Estate is charting a dynamic course for the future with the development of a 3.3-hectare central business district(CBD) within the economic zone, slated for launch in 2025. This CBD will encompass commercial lots for sale, food outlets, retail shops, essential services, a supermarket, and a transportation hub, all meticulously designed to elevate the overall quality of life for the surrounding communities.

Furthermore, the estate is at the forefront of innovation, initiating the incorporation of smart city features and launching key projects in digitalization, resilience, energy transition, sustainability, livability, and skills enhancement. Pioneering sustainable development in the Visayas, it has taken a significant step by becoming the first industrial estate in the region to pursue BERDE-District Registration from the Philippine Green Building Council, setting a new standard for environmental responsibility.

The estate's pivotal role is to solidify Cebu's global significance in industrial development and investment.