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Home»Press Release»Aboitiz InfraCapital Economic Estates Forges Stronger Business Ties at the 4th Philippines-Singapore Investment Summit
Press Release

Aboitiz InfraCapital Economic Estates Forges Stronger Business Ties at the 4th Philippines-Singapore Investment Summit

Lion's DenBy Lion's DenSeptember 27, 2024No Comments4 Mins Read
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Aboitiz InfraCapital Economic Estates, a leading developer of industrial-anchored estates in the Philippines and across Asia, continues to champion the Philippines as a premier investment destination. Participating in a strategic investment mission at the 4th Philippines-Singapore Business and Investment Summit, Aboitiz InfraCapital reaffirmed its commitment to fostering strong international partnerships and driving economic growth in the region. With over 1,700 hectares of developed land, the Economic Estates have generated more than 100,000 jobs, attracted ₱158 billion in investments, and facilitated $3.4 billion in exports in 2023 alone, underscoring the Philippines’ competitive advantage in the global market.

19th Sept – 4th Philippines-Singapore Business And Investment Summit

“Aboitiz InfraCapital is dedicated to creating business environments that support the growth and expansion of our locators. By continuously improving our offerings and collaborating with both government and private stakeholders, we aim to provide seamless and efficient solutions to our partners,” shared Monica Trajano, Vice President for Sales, Leasing, and Business Development at Aboitiz InfraCapital Economic Estates. “Through intentional design, innovation, and a focus on ease of doing business, we ensure that investors find success and long-term value in the Philippines.”

19th Sept – 4th Philippines-Singapore Business And Investment Summit

The summit, held in collaboration with the Embassy of the Philippines in Singapore, the Department of Trade and Industry-Philippine Trade and Investment Center (DTI-PTIC), and the Philippine Economic Zone Authority (PEZA), highlighted the Philippines’ strategic advantages as an investment destination. Aboitiz InfraCapital showcased its Economic Estates portfolio, including LIMA Estate in Batangas, West Cebu Estate, MEZ2 Estate in Cebu, and the newly launched TARI Estate in Tarlac. These estates offer comprehensive infrastructure and services that cater to industries such as light to medium manufacturing, food, electronics, automotive, and shipbuilding—further solidifying the country’s position as a hub for global industries.

The Philippine government’s 8-point economic agenda, led by President Ferdinand Marcos Jr., was a key focus of the summit. The agenda aims to generate employment, promote investments, and enhance infrastructure, creating a business-friendly environment that encourages international companies to establish or expand their presence in the country. PEZA Director General Tereso Panga emphasized, “The Philippines is a smart investment choice in the region. With its high economic growth and favorable conditions, now is the ideal time to invest in the country.”

The summit also featured George Barcelon, Chairman of the Philippine Chamber of Commerce and Industry, who highlighted the strong relationship between the Philippines and Singapore. “With over 240,000 Filipinos living in Singapore, known for their command of English, intelligence, and adaptability, we look forward to further deepening business ties between our two nations and welcoming Singaporean companies to the Philippines.”

Aboitiz InfraCapital’s Economic Estates are home to over 240 locators from 11 countries, representing sectors such as food, electronics, packaging, automotive, shipbuilding, and light to medium manufacturing. These companies thrive within Aboitiz InfraCapital’s robust business ecosystem, which offers access to critical infrastructure, including reliable power, water, and construction services, as well as regulatory and operational support. This integrated approach allows locators to optimize costs and enhance productivity, positioning the Economic Estates as an ideal choice for global enterprises seeking a strong foothold in Asia.

“Our Economic Estates are designed to meet global standards, offering locators the optimal environment to succeed in the dynamic Philippine market,” added Jolan Formalejo, Vice President for Inventory Generation at Aboitiz InfraCapital Economic Estates. “From strategic location to comprehensive infrastructure, we provide the full suite of solutions needed for our partners to thrive.”

Finance Secretary Ralph Recto shared an optimistic outlook on the Philippine economy over the next decade, reinforcing the country’s commitment to strengthening trade and investment partnerships across the Asia-Pacific.

As Aboitiz InfraCapital Economic Estates continues to shape the future of industrial development in the Philippines, it remains steadfast in its mission to attract global investments, generate high-value jobs, and drive innovation. Through its strategic partnerships with both the public and private sectors, the company plays a pivotal role in advancing the government’s vision of building a more sustainable, inclusive, and globally competitive economy.

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4th Philippines-Singapore Business and Investment Summit Aboitiz InfraCapital Economic Estates Finance Secretary Ralph Recto Monica Trajano
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