A high-ranking official of the Aboitiz InfraCapital, the infrastructure arm of the Aboitiz Group, said they are planning to expand their economic land in Batangas, Lima Estate, by 1500 hectares in the next 10 years.
“In Lima, because we’ve been consolidating land over the last 10 years, generally we bring to market between 50 to 100 hectares of industrial land per year. So, we anticipate that to continue for the next 10 years. And with the commercial district, we currently have an ongoing expansion of 40 hectares where we are selling commercial lots,” Rafael Fernandez De Mesa, CEO of Aboitiz Land, Inc., said in a media interview during the Industrial Summit 2025 in Makati City.
“We will also be developing mall expansion, office, and dormitory expansion as well,” he added.
Strategically located in Lipa and Malvar, Batangas, LIMA Estate is a leading smart and sustainable industrial-anchored development in the Philippines and in Asia.
Spanning more than 1000 hectares, the PEZA-registered economic zone is home to more than 240 locators and 75,000 employees.
In its West Cebu Estate, a mixed-use industrial estate with complementary commercial, institutional, and residential sectors, De Mesa said they still have a 20-hectares remaining of its 40-hectare expansion plans.
De Mesa said foreign investors keep on going to their estates because of their strategic locations, a highly-skilled and abundant labor force, and the English proficiency of the workforce.
Last March, Aboitiz InfraCapital announced that Printwell International Corp., which supplies printing and packaging solutions across industries such as food, beverage, publishing, pharmaceuticals, personal care, and electronics, will expand into LIMA Estate by the end of the year.
“Operational by Q4 of 2025, its 1.6-ha facility will also provide packaging solutions for other locators within the Economic Estate, driving regional growth and creating hundreds of new jobs,” Aboitiz InfraCapital said in a previous statement.