Aboitiz says first 200 hectares of TARI Estate operational by Q2

ABOITIZ Economic Estates, the mixed-use industrial development arm of the Aboitiz group, said the first 200 hectares (ha) of TARI Estate are expected to become operational this quarter.

“TARI Estate reflects the company’s continued development of fully integrated estates designed to support manufacturing activity, operational continuity, and long-term expansion in the Philippines,” Rafael Fernandez de Mesa, president and chief executive officer of Aboitiz Economic Estates and Aboitiz Land, said in a May 22 post on the company’s website.

TARI Estate is a 384-ha industrial-led estate in Tarlac City. It is located about 35 minutes from Clark International Airport in Pampanga.

The project’s Phase 1 perimeter fence, covering 90 ha, is expected to be completed in the second quarter.

Meanwhile, the estate’s South Access Road is scheduled to open within the same period to provide direct access and improve mobility for construction activities, logistics operations, and early-stage estate operations.

The Philippine Economic Zone Authority-Bureau of Customs Complex within the estate is targeted for launch in the third quarter. The facility is expected to support locator processing requirements and streamline coordination for permits and clearances as business activity within TARI Estate expands.

Once completed, TARI Estate will join Aboitiz Economic Estates’ portfolio, which includes LIMA Estate in Batangas, and Mactan Economic Zone 2 Estate and West Cebu Estate in Cebu.

Aboitiz Economic Estates said early participation in TARI Estate offers prospective locators and investors access to planned infrastructure, scalable industrial space, and future expansion opportunities during the estate’s initial development phase.

The company said the development is projected to generate more than 60,000 jobs across its planned commercial lots, retail centers, office buildings, residential communities, dormitories, institutional and hospitality components, and a future transport terminal. — Juliana Chloe A. Gonzales