Insider Spotlight
The agreement establishes Tarlac Terra Ventures Inc., which will oversee the development of an additional 184 hectares within the 384-hectare PEZA-registered estate.
Why it matters
The partnership brings together Aboitiz’s expertise in industrial estate development with House of Investments’ institutional capital, strengthening the long-term growth prospects of the manufacturing and logistics hub.
“We see TARI Estate as a compelling long-term investment that aligns with our strategy of supporting developments that contribute to economic growth,” Lorenzo V. Tan, president and CEO of House of Investments, said in a press statement.
“Through this partnership, we are participating in the creation of an industrial ecosystem that can support manufacturing, logistics, and supply chains for decades to come.”
The big picture
Industrial estates in the Philippines are increasingly evolving into integrated ecosystems rather than standalone factory sites, combining infrastructure, logistics access, utilities, and workforce support.
“Industrial competitiveness increasingly depends on ecosystems rather than standalone sites,” said Rafael Fernandez de Mesa, president and CEO of Aboitiz Land and Aboitiz Economic Estates.
“What we are developing in TARI Estate is a platform where infrastructure, talent, and industry come together to support long-term manufacturing growth.”
Development progress
TARI Estate is moving toward locator-ready operations, with infrastructure including internal road networks connected to Luisita Road, reliable utilities, and fiber connectivity already underway.
The estate’s first 90-hectare phase has been fully sold, and companies have begun constructing facilities as succeeding phases are rolled out to meet demand.
By the numbers
Facilities for the Philippine Economic Zone Authority and the Bureau of Customs are expected to be operational by the first quarter of 2027, supporting export-oriented manufacturing.
Global manufacturers including Coca-Cola Europacific Aboitiz Philippines and Ajinomoto Philippines Corp. are among the early locators developing large-scale facilities inside the estate.
What’s next
As anchor manufacturers move toward operations, suppliers and logistics providers are expected to follow, creating a clustering effect that could transform TARI Estate into one of Central Luzon’s key industrial corridors.
At full build-out, the estate is projected to generate more than 60,000 jobs, reinforcing its role as a driver of regional economic growth. —Vanessa Hidalgo | Ed: Corrie S. Narisma
