Aboitiz InfraCapital Economic Estates Marks Significant Progress at TARI Estate, Paving the Way for Central Luzon’s Industrial Transformation
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Press Release
Aboitiz InfraCapital Economic Estates Marks Significant Progress at TARI Estate, Paving the Way for Central Luzon’s Industrial Transformation
November 15, 2024
“As we continue our construction progress, TARI Estate is well on its way to becoming a thriving industrial ecosystem,” said “With Tarlac’s strategic location and a skilled workforce, we see tremendous potential for this region to emerge as a prime investment destination. TARI Estate is not just an industrial development; it’s a full ecosystem designed to support the long-term growth of its locators and the surrounding communities.”
TARI Estate has already seen substantial interest, with 45 hectares of industrial lots sold to locators eager to contribute to Central Luzon’s economic landscape. The project, Aboitiz InfraCapital’s fourth industrial-anchored development, aims to create 60,000 jobs over time, combining industrial, commercial, residential, and institutional spaces in a balanced, sustainable environment.
“The interest we’re seeing is a testament to TARI Estate’s potential to become a landmark industrial hub. We’re committed to providing a comprehensive environment where businesses can thrive with ease, from infrastructure to sustainability-focused facilities.”
TARI Estate, Aboitiz InfraCapital Economic Estates’ fourth industrial-anchored development
Representing the Philippine Economic Zone Authority, Tarlac Zone Manager Atty. Rene Baysa joined the event to underscore PEZA’s support for Aboitiz InfraCapital’s initiatives, which align with the goals of the Luzon Economic Corridor project. The long-standing partnership highlights the shared commitment to regional economic development through industrial investment, infrastructure, and job creation.
“Together, we can achieve more towards creating jobs and enabling industries and spurring countryside development—the fundamental objectives for which PEZA was created. Alongside the help of the private sector, we will continue to bring more long-term foreign direct investment opportunities here in The Philippines."
As part of Aboitiz InfraCapital’s nationwide network, TARI Estate benefits from the expertise and resources of Aboitiz businesses like Aboitiz Construction, which has been pivotal in meeting development milestones. This progress reflects Aboitiz InfraCapital’s dedication to creating integrated Economic Estates that promote sustainable growth, reinforce regional economies, and offer locators a comprehensive business ecosystem.
As of the 3rd Quarter of 2024, Phase 1 of TARI Estate is at 30% completion. This includes site development works such as road networks, drainage works, and detention pond.
With a legacy spanning over 30 years, Aboitiz InfraCapital Economic Estates have consistently driven growth across the Philippines, covering nearly 2,000 hectares, generating over 100,000 jobs, and attracting ₱158 billion in investments. In 2023, these Estates facilitated $3.4 billion in exports, underscoring Aboitiz InfraCapital’s role as a key player in the country’s industrial sector and economic progress.
As TARI Estate continues to grow, it invites local and international investors to be part of Central Luzon’s next phase of industrial and economic transformation, setting the stage for a vibrant and sustainable future
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