Aboitiz Construction clinched the deal to develop the second phase of affiliate LIMA Estate’s industrial land expansion in Lipa-Malvar, Batangas, the former announced March 7.
The project, which will generate 22,000 job opportunities, covers 57 hectares and will be completed next year.
It expands LIMA Estate’s industrial lot inventory by building its Block 9-2 site to accommodate new businesses.
Aboitiz Construction will do site grading, slope protection and road construction activities as well as drainage, waterline, and sewer line works.
“This expansion project will surely boost Batangas’ local economy and bolster our capabilities in engineering and design as well as in construction,” remarked Levi Agoncillo, Aboitiz Construction’s Vice President for Business Development, Tender Planning, and Engineering and Design.
The company is hiring 150 workers for the project.
In 2020, Aboitiz Construction completed the design and construction project for the largest outdoor mall in Batangas.
The Outlets at Lipa, a 9-hectare cluster type mixed-use commercial facility.
It consists of 10 units of single storey-structure, 12 units of two-storey structure, a multi-purpose field and mini parks.
So far, Aboitiz Construction has been a trusted partner of LIMA Land in building structures under light industries since 2018.
“LIMA Estate has always been well-supported by the affiliates of the Aboitiz Group which ensure ease of doing business for our locators,” noted Clifford Academia, Vice President for Operations of LIMA Estate.
“We’ve had successful collaborations in several of our projects within LIMA and we are very happy to once again embark on this new expansion project with Aboitiz Construction,” he added.
Furthermore, Aboitiz Construction was responsible for the design and construction of LIMA Exchange, a 2.6-hectare commercial development right across The Outlets at Lipa.
It consists of four units of mixed-use commercial structure, a sports complex with offices and commercial units, and two transport terminals.
In order to support the ongoing expansion and growth of LIMA Estate, Aboitiz Construction recently completed the design and construction of a 69kV overhead transmission line for LIMA Enerzone.
This project will help improve power reliability for the business zone as it welcomes new locators.
Aboitiz InfraCapital’s LIMA Estate is a 794-hectare Philippine Economic Zone Authority (PEZA) – registered development with over 60,000 employees and considered to be one of the largest privately-owned industrial parks in the Philippines.
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The article was originally published in Manila Bulletin and written by Emmie V. Abadilla.
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