The 42-hectare facility, to be operated by Coca-Cola Europacific Aboitiz Philippines (CCEAP), also marks one of CCEP’s most significant infrastructure investments in Asia.
AEV, which owns 40 percent of CCEAP, said the project reflects its strategy of aligning consumer goods, infrastructure, and real estate businesses.
“This new development cements our solid partnership with Coca-Cola Europacific Partners. It’s a strategic move: we need to protect and grow Coke’s market share while driving development in local economies. It signals to the market that Central Luzon is ready—ready to lead the next wave of industrial growth in the Philippines,” said Sabin M. Aboitiz, AEV president and CEO.
He added, “Coca-Cola is everywhere. It’s the most popular brand in the world, sold in more than 200 countries and enjoyed about 2.2 billion times every single day.”
CCEAP president and CEO Gareth McGeown said the expansion underscores Coca-Cola’s long-term confidence in the Philippines. “This investment and expansion of our operations reflect Coca-Cola’s deep commitment to serving our millions of customers every single day, supporting the Philippines’ growth, and creating meaningful job opportunities for Filipino talent,” he said.
The Tarlac plant will also be one of the largest single-locator commitments at TARI Estate, a new industrial hub developed by Aboitiz InfraCapital with direct links to Luzon’s major highways, ports, and airports.
For AEV, the project highlights how group-wide synergies can reinforce its bid to capture growth opportunities and boost economic activity.
—Edited by Miguel R. Camus
