Under the deal, HI will hold 51 percent of the 184-hectare Tarlac Terra Ventures land while Aboitiz holds 49 percent and serves as the exclusive provider of project management and estate operations.
Management’s view
“We value our partnership with the Aboitiz Group in advancing economic development in Central Luzon. As our first major venture into Economic Estates, we strengthen our position in horizontal property development and broaden our property portfolio. This joint venture supports our dedication to delivering long-term value through flexible, sustainable, and futureproof real estate solutions,” said HI president and chief executive officer Lorenzo V. Tan.
Project timetable
Phase 1 covering 90 hectares is now under site development and is slated for completion in the second half of 2026.
Dedicated Philippine Economic Zone Authority and Bureau of Customs offices are targeted to be operational on site by the first quarter of 2027.
Big picture
TARI Estate is being positioned for light- to medium-scale manufacturing and logistics, anchored by Coca-Cola Europacific Aboitiz Philippines and Ajinomoto Philippines Corp.
Construction of later phases begins this year and runs through 2028, lifting on-ground activity and employment as Phase 2 courts new locators.
Proximity to the Subic–Clark–Tarlac Expressway, Tarlac–Pangasinan–La Union Expressway, Central Luzon Link Expressway, Clark International Airport, and major seaports positions TARI as a key supply-chain hub in Central Luzon.
—Edited by Miguel R. Camus
