Aboitiz Equity Ventures Inc. (stock code: AEV), through its subsidiary Aboitiz Economic Estates, has officially partnered with House of Investments (HI) to develop a large industrial park in Tarlac called TARI Estate, according to a disclosure filed with the Philippine Stock Exchange on March 12, 2026.
What’s Happening?
Think of an industrial park like a big neighborhood, but instead of houses, it has factories and warehouses where companies make products and store goods. Aboitiz and House of Investments are building one of these special neighborhoods in Tarlac City.
The two companies created a new business together called Tarlac Terra Ventures Inc. This new company will develop an additional 184 hectares of land at TARI Estate. To give you an idea of how big that is, 184 hectares is about 260 soccer fields!
Who Are the Partners?
Aboitiz Economic Estates is the part of Aboitiz Equity Ventures that knows how to build and manage industrial parks. They already operate several successful industrial estates in the Philippines.
House of Investments is an investment company that belongs to the Yuchengco Group. They provide the money and support to help big projects like this grow. Their President and CEO, Lorenzo V. Tan, explained that they see TARI Estate as a smart long-term investment that will help the Philippine economy grow.
What Makes TARI Estate Special?
TARI Estate is a 384-hectare industrial park registered with the Philippine Economic Zone Authority (PEZA). Being PEZA-registered means companies that set up there can get special benefits and tax incentives.
The location is very strategic because it’s near major highways, Clark Airport, and seaports, making it easy for companies to move their products around the Philippines and export to other countries.
How Much Is Already Built?
According to the disclosure, the first 90 hectares of TARI Estate have already been completely sold, and companies are now building their factories there. The development team is working on the next phases to meet growing demand.
The park is being equipped with important facilities including roads, electricity, water systems, internet connections, and other utilities that factories need to operate smoothly.
Who’s Moving In?
Big global companies are already building facilities at TARI Estate, including:
- Coca-Cola Europacific Aboitiz Philippines – building a mega-facility
- Ajinomoto Philippines Corporation – also building a mega-facility
According to Rafael Fernandez de Mesa, President and CEO of Aboitiz Land and Aboitiz Economic Estates, these anchor companies create what’s called a “clustering effect.” This means when big manufacturers move in, their suppliers and logistics partners often follow to be closer, creating a complete industrial ecosystem.
When Will Key Facilities Be Ready?
The disclosure states that facilities for PEZA and the Bureau of Customs are expected to be operational by the first quarter of 2027. These government offices are important because they help companies with export paperwork and other requirements.
How Many Jobs Will This Create?
Once TARI Estate is fully developed, it’s expected to create more than 60,000 jobs. This will provide employment opportunities not just in Tarlac but also in neighboring areas in Central Luzon.
About Aboitiz Equity Ventures
Aboitiz Equity Ventures Inc. is one of the major conglomerates in the Philippines with businesses in power generation, banking and financial services, food manufacturing, real estate, and infrastructure. The company has 5,552,805,057 common shares outstanding and reported debt of ₱466,223,621,000 as of September 30, 2025, according to the filing.
The company is headquartered at Ayala Triangle Gardens Tower 2, Paseo de Roxas, corner Makati Avenue, Makati City.
What This Means
This partnership shows that major Philippine companies continue to invest in building industrial infrastructure that can attract both local and foreign manufacturers. The development of TARI Estate is part of Central Luzon’s transformation into a major industrial corridor that can compete with other manufacturing hubs in Southeast Asia.
The project combines Aboitiz’s expertise in building and managing industrial parks with House of Investments’ financial backing, creating a strong foundation for long-term development.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
