Officials of the Misamis Oriental provincial government recently completed a benchmarking trip to Aboitiz InfraCapital’s (AIC’s) LIMA Estate in Batangas, a Philippine Economic Zone Authority-registered economic zone and the country’s first and largest 5-star BERDE-(Building for Ecologically Responsive Design Excellence)-certified industrial estate development.
“We are honored to share the best practices and innovations of LIMA Estate with the Misamis Oriental delegation. Benchmarking activities like this exemplify AIC’s commitment to fostering collaboration with our ever-valuable stakeholders,” said AIC President & CEO Cosette V. Canilao.
During their visit from December 9 to 11, the Misamis Oriental contingent, led by Governor Peter M. Unabia and Vice Governor Jeremy G. Pelaez, toured LIMA Estate’s LIMA Estate Experience Center and The Outlets at Lipa.
In addition to Governor Unabia and Vice Governor Pelaez, Misamis Oriental Provincial Board Members Robert de Lara, Rey Buhisan, Wayne Militante, Gerardo Sabal III, and Dexter Yasay joined, along with Provincial Administrator John Ladaga.
“We are pleased to help enable local government units (LGUs) to replicate sustainable and efficient infrastructure solutions that spur economic development and enhance the quality of life in their communities,” said AIC First Vice President and Head of Corporate Affairs Christopher M. Camba.
Misamis Oriental is the home province of Laguindingan International Airport, the country’s sixth-busiest gateway and whose upgrade, operation, and maintenance will be undertaken by AIC – with an official turnover scheduled for April 2025.
Laguindingan International Airport, considered the Gateway to Northern Mindanao, provides key access to Misamis Oriental’s three manufacturing economic zones: Jasaan Misamis Oriental Ecozone, Manticao Ecozone Corporation SEZ, and Phividec Industrial Estate-Economic Zone.
Spanning 940 hectares, LIMA Estate in Lipa-Malvar, Batangas is the country’s largest privately-owned industrial estate, housing 240+ locators and 74,000+ employees. LIMA Estate is also home to the 70-hectare Biz Hub at LIMA Estate, Batangas’ first master-planned business district, whose LIMA Tower One is already nearly fully leased on top of strong demand.
Over the past years, AIC Economic Estates has created multiple dynamic employment opportunities for Filipinos and its host communities. To date, AIC Economic Estates has generated P158 billion in investments to date, and in 2023 alone, helped generate P3.4 billion in exports. In TARI Estate, AIC’s newest Economic Estate in Tarlac City, over 60,000 jobs are projected to be generated.
Recently, AIC Economic Estates partnered with the Lipa City LGU for PinasBilis eBoss Package, a collaboration with AboitizLand and the Aboitiz Foundation, designed to provide the city with essential tools to enhance efficiency and speed up permits and licensing processes.
