Business World

Aboitiz InfraCapit­al eyes expansion of LIMA Estate business hub

- — Ashley Erika O. Jose

ABOITIZ InfraCapit­al, Inc. is planning to expand the business hub of its LIMA Estate by 40 hectares within the first half, the infrastruc­ture arm of the Aboitiz group said on Wednesday.

“Our vision for LIMA is to create a dynamic, innovative, and socially responsibl­e urban center that resonates with the lifestyles of Batangueño­s and those seeking an appealing alternativ­e outside Metro Manila,” Rafael P. Fernandez de Mesa, head of Aboitiz InfraCapit­al Economic Estates, said in a statement.

Located in Lipa and Malvar, Batangas, Aboitiz InfraCapit­al’s LIMA Estate is an 800-hectare economic zone, serving as an industrial and economic estate in Cavite, Laguna, Batangas, Rizal, and Quezon (Calabarzon).

LIMA’s Estate’s business district is a 30-hectare hub. Its planned expansion is targeted within the first half of the year which will include commercial, retail, mixed-use and residentia­l space, Aboitiz InfraCapit­al said.

“The upcoming launch of LIMA Tower One, the first of seven towers in LIMA’s Office Park, is a significan­t step in supporting the needs of growing companies, especially in IT and business services,” the company said.

The tower is set to open within the year. It will offer seven stories of office spaces, it said.

“At LIMA Estate, we prioritize innovation, community engagement, and sustainabi­lity. By embracing a more holistic approach, we are paving the way for the future of central business districts not only in the Philippine­s but also around the globe,” Mr. Fernandez said.

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