Aboitiz InfraCapital breaks ground for Tarlac ecozone

• Aboitiz InfraCapital Economic Estates broke ground for TARI Estate, its economic zone development in Tarlac City

• TARI Estate, spanning 200 hectares of prime industrial land in its initial phase, will offer facilities and amenities provided by Aboitiz Group affiliates, including power, water, construction, financing, and smart city technology, among others

• AIEE is spending P7 billion over two years for the development of the new eco zone, the fourth estate under AIIE’s portfolio

Aboitiz InfraCapital Economic Estates (AIEE) broke ground for TARI Estate, its economic zone development in Tarlac City.

TARI Estate, spanning 200 hectares of prime industrial land in its initial phase, broke ground on May 7 and is expected to generate up to 60,000 jobs.

The estate will offer facilities and amenities provided by Aboitiz Group affiliates, including power, water, construction, financing, smart city technology, and government support, to create a vibrant ecosystem for businesses.

By integrating diverse asset classes such as retail, office spaces, residential areas, dormitories, warehouses, and hospitality, TARI Estate aims to differentiate itself from conventional industrial parks and foster a dynamic lifestyle hub that enriches the overall experience for its community.

AIEE head Rafael Fernandez de Mesa said they are spending P7 billion in a span of two years for the development of the new eco zone, the fourth estate under AIIE’s portfolio.

AIEE said it recognizes the significant potential Tarlac holds, noting that Central Luzon’s strategic location and robust economic growth make it an attractive destination for investment, bolstered by the government’s initiatives to attract foreign investment and improve infrastructure.

“Our economic estates in Batangas and Cebu are thriving hubs, encompassing over 1,600 hectares of development. They house nearly 250 leaders in industry, generating over P155 billion in investments and employing over 100,000 Filipinos. TARI Estate will build upon this incredible legacy,” Fernandez de Mesa said in a statement.

“The development of TARI Estate, along with the mission of attracting foreign investments to locate within the estate, will create employment for Tarlac City and nearby municipalities,” said Trade Secretary Alfredo Pascual.

“With the multiplier effect of this project, we’re confident that we can maximize the private sector investments to ensure the creation of livelihood and opportunities for the communities within the area,” he added.

TARI Estate also joins forces with LIMA Estate, AIEE’s 900-hectare industrial park in Batangas.

Both estates will form a strategic network within the Luzon Economic Corridor, the  government’s comprehensive infrastructure development initiative aimed at enhancing connectivity, strengthening supply chains, and fostering economic growth across Luzon.

AIEE thus positions itself “as a key player in driving regional progress, and facilitating seamless collaboration between businesses, industries, and communities.”