The Aboitiz Group is expanding its LIMA Estate in Batangas to accommodate demand for industrial and commercial spaces. “The expansion, which is targeted for completion by the third quarter of 2022, is expected to generate up to 20,000 new jobs in Batangas and neighboring areas,” Aboitiz said in a statement
Lima Land will develop over 100 hectares of its existing 700-hectare property in the next two years to accommodate more industrial locators. Additionally, its 30-hectare business district will further be transformed to house new commercial lots, business process outsourcing (BPO) companies, office buildings, dormitories, schools, hospitals, hotels, and civic centers in addition to existing components such as The Outlets at Lipa, LIMA Exchange, and LIMA Park Hotel, the group said.
Developed by unit Lima Land Inc., LIMA Estate is being positioned to be Calabarzon’s next leading economic center in Calabarzon area – Cavite, Laguna, Batangas, Rizal, Quezon – Luzon.
“With this expansion, LIMA is well on its way to becoming a full fledged smart city, supported by a complete ecosystem of infrastructure and the latest digital technology. A smart city in Calabarzon opens up a new wave of opportunities, with data at the forefront of improved operations across the city,” said Rafael Fernandez de Mesa, Aboitiz Integrated Economic Centers first vice president.
The Aboitiz Group said the entire township is anchored on LIMA Technology Center (LTC), home to 124 domestic and international locators and about 55,000 employees.
LTC’s newest set of locators include Japanese manufacturer Leading Co. Ltd. (Leaden) which produces wire harness products for construction and industrial machinery, supplying other big companies such as Yamaha and Komatsu.
Leaden is set to begin constructing its facilities in December 2021 and operating by March 2022.
Philippines TRC Inc., an existing locator at LIMA, will also be expanding its facilities next year. The company is engaged in metal processing (shaft) business focusing on painted products, resin molding, and assembly,
“Drawing from the Aboitiz Group’s expertise in estate operations and management, as well as in infrastructure, power, land, and construction, LIMA Estate does not only support the government’s initiative to spread progress across the country. It also brings a higher standard of development and quality – whether industrial, commercial, or residential – to provincial locations.,” he added.
From being a purely industrial destination in 2014 when it was acquired by the Aboitiz Group, LIMA Estate has evolved into a mixed-use estate that promotes the seamless integration of work and life through thoughtfully planned amenity spaces and sustainable infrastructure, as well as complementary commercial and residential components.
Within LIMA Estate is “The Outlets” at Lipa, which hosts retail brands, restaurants, and the athletic stadium Aboitiz Pitch. Residential and lodging options are integrated across the township with LIMA Park Hotel, The Villages at Lipa, and the Campo Verde and Summer Hills subdivisions. The estate also boasts of its own transport terminal in LIMA Exchange, and proximity to schools including Edustria Senior High School by FEU and TIP.
Joining an impressive lineup of global companies at LIMA are Epson, JT International, Littlefuse, and Yamaha.
