T.E. Optoelectronics picks LIMA Estate for PH factory

Insider Spotlight

• T.E. Realty acquired a 9,883-square-meter site at LIMA Estate for its first property investment in the Philippines
• The facility will manufacture export-oriented glass products, with operations targeted to begin in November 2028
• The project is expected to create 100 to 200 jobs and strengthen Batangas’ manufacturing ecosystem
  
  

T.E. Optoelectronics is expanding its manufacturing footprint in the Philippines after its property arm, T.E. Realty & Development Company Inc., signed a Contract to Sell with Aboitiz Economic Estates for a 9,883-square-meter industrial site at LIMA Estate in Batangas. 

The project marks the company’s first property investment in the country and underscores its long-term commitment to Philippine manufacturing.

The purpose-built facility will be constructed by T.E. Realty and operated by T.E. Optoelectronics to manufacture glass products for locators within LIMA Estate and other PEZA-accredited economic zones. 

Commercial operations are targeted to begin in November 2028, supporting export-oriented production and reinforcing LIMA Estate’s position as a manufacturing hub.

The big picture

The company said its investment decision was driven by confidence in the Philippines’ manufacturing potential, supported by a young and skilled workforce, established industrial capabilities, and investment incentives through the Philippine Economic Zone Authority. 

It also cited the country’s strategic location in Southeast Asia as an advantage for serving both domestic and regional markets.

Rather than leasing industrial space, T.E. Realty opted to acquire land and develop its own facility, giving the company a permanent base to supply customers within LIMA Estate and across other PEZA-accredited economic zones. 

Batangas was selected for its proximity to customers, logistics connectivity, and expanding industrial ecosystem.

Why it matters

T.E. Realty evaluated multiple locations based on infrastructure reliability, PEZA registration, transportation access, and operational security before choosing LIMA Estate. 

The estate’s established utilities, professional management, and long-term development plans aligned with the company’s operational and expansion requirements.

The investment is projected to generate between 100 and 200 jobs while supporting export activity and local supplier development. The company also plans to participate in community and skills development initiatives in nearby areas.

In a press statement, Aboitiz Economic Estates vice president for commercial strategy Monica Lorenzana Trajano said, “T.E. Realty’s decision to acquire land and build at LIMA Estate reflects its long-term confidence in Philippine manufacturing. LIMA brings together industrial infrastructure, reliable utilities, PEZA support, professional estate management, and proximity to a growing network of manufacturers, enabling locators to establish operations efficiently and scale over time.” —Vanessa Hidalgo | Ed: Corrie S. Narisma