MANILA, Philippines — Aboitiz Equity Ventures Inc., through its industrial arm Aboitiz Economic Estates, has finalized a joint venture with House of Investments to expand the Tari Estate in Tarlac City.
The two partners signed definitive agreements to establish Tarlac Terra Ventures Inc., which will develop an additional 184 hectares within the PEZA-registered industrial enclave. This expansion brings the total area of Tari Estate to 384 hectares, positioning it as a major manufacturing and logistics hub in Central Luzon.
The partnership leverages Aboitiz’s expertise in industrial development and the institutional backing of House of Investments, the flagship firm of the Yuchengco Group of Companies. Lorenzo Tan, President and CEO of House of Investments, noted that the project is a “compelling long-term investment” that will foster a robust industrial ecosystem for decades to come.
Development is moving rapidly as the estate’s initial 90-hectare phase is already fully sold. Major global players, including Coca-Cola Europacific Partners and Ajinomoto Philippines Corp., are currently building large-scale facilities on-site. The estate is also investing heavily in critical infrastructure, such as road networks connected to Luisita Road, fiber connectivity, and specialized power and water systems.
Once fully operational, Tari Estate is projected to generate over 60,000 jobs. PEZA and Bureau of Customs facilities are expected to be available by the first quarter of 2027 to further streamline export-oriented operations.
