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Aboitiz breaks ground on major expansion of BIZ HUB at LIMA Estate, reinforcing role in Luzon Economic Corridor

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LIPA City, Batangas – LIMA Estate, a key player in Southern Luzon’s economic
growth, has unveiled plans for a transformative 40-hectare expansion of its BIZ HUB, increasing Batangas’ first master-planned business district to 70 hectares. This development, which sits within the nearly 1,000 hectare LIMA Estate, bolsters its position as a leading economic center, currently accommodating 180 locators, 71,000 employees, and over 4,000 households.

Strategically located in Lipa-Malvar, Batangas, LIMA Estate serves as a pivotal anchor in the southern section of the Luzon Economic Corridor. This prime location, coupled with the estate’s comprehensive and diverse offerings, uniquely positions it to leverage the vast opportunities presented by this economic corridor.

By providing a holistic ecosystem that caters to industrial, commercial, and residential needs, LIMA Estate fosters a thriving environment that attracts investments, stimulates economic growth, and contributes significantly to the overall development of the region.

This expansion of BIZ HUB further solidifies LIMA Estate’s role as a catalyst for progress in Southern Luzon, driving the region’s economic transformation and enhancing its competitiveness on a national and global scale.

“The Aboitiz Group has proudly served this community for over a decade,” said Rafael
Fernandez de Mesa, President of LIMA Land and Head of Aboitiz InfraCapital Economic

Biz Hub at LIMA Estate, a 40-hectare expansion of the estate’s central business district in Lipa-Malvar, Batangas, is perfectly
aligned with the rise of the Luzon Economic Corridor. This strategic move not only fuels rapid economic development within the province but also generates a ripple effect of prosperity throughout the region.

“Our continuous investment in LIMA Estate underscores our confidence in Batangas potential as a top-tier investment hub and reaffirms our commitment to supporting the
government’s vision of a prosperous, inclusive, and resilient society. We see ourselves as
partners, providing world-class facilities to help investors capitalize on the Philippines’

Cosette Canilao, President and CEO of Aboitiz InfraCapital, added, “We are glad for the
government’s recognition of the opportunities that lie in this area, and for their commitment to unlocking its full potential with real support and investment. As always, we at Aboitiz InfraCapital are ready to work with the public sector to drive nationwide economic growth that benefits all Filipinos.”| – BNN

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