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Aboitiz Economic Estates and House of Investments finalized a joint venture for the expansion of developments at the TARI Estate in Tarlac
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The partnership formed Tarlac Terra Ventures Inc., which will develop an additional 184 hectares within the industrial estate
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The first 90-hectare phase of TARI Estate has been fully sold, with locators now building facilities
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Facilities of the Philippine Economic Zone Authority (PEZA) and the Bureau of Customs are expected to operate in the estate by first quarter of 2027
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The project is positioned as part of Central Luzon’s growing manufacturing and logistics corridor
Aboitiz Equity Ventures and House of Investments, the non‑bank holding company of the Yuchengco Group of Companies, have finalized their partnership to accelerate developments at TARI Estate in Tarlac, marking the next phase of expansion for one of Central Luzon’s emerging industrial hubs.
The agreement between the two listed companies creates Tarlac Terra Ventures Inc., a joint venture that will oversee the development of an additional 184 hectares within the estate, reinforcing its role in the region’s expanding manufacturing and logistics corridor.
The partnership combines the industrial estate development expertise of Aboitiz Economic Estates with the investment backing of House of Investments, providing the capital and institutional support needed to drive long-term growth at the site.
“We see TARI Estate as a compelling long-term investment that aligns with our strategy of supporting developments that contribute to economic growth,” Lorenzo Tan, president and chief executive officer of House of Investments, said in a press release.
“Through this partnership, we are participating in the creation of an industrial ecosystem that can support manufacturing, logistics, and supply chains for decades to come,” said Tan.
READ: Aboitiz, Yuchengco groups secure PCC clearance for Tarlac ecozone JV
Rafael Fernandez de Mesa, president and chief executive officer of Aboitiz Land and Aboitiz Economic Estates, said modern manufacturing increasingly relies on integrated industrial ecosystems rather than standalone facilities.
“What we are developing in TARI Estate is a platform where infrastructure, talent, and industry come together to support long-term manufacturing growth. As more companies establish operations here, we expect the estate to become an important node within Central Luzon’s evolving industrial corridor,” he added.
Development activities at the estate are advancing as it moves toward full locator-ready operations.
The project’s initial 90-hectare phase has already been fully sold, with locators now progressing with construction and operational planning for their facilities. Additional development phases are also moving forward to meet the rising demand for industrial land in Central Luzon.
Infrastructure works across the estate include internal road networks with direct access to Luisita Road, as well as power, water, and fiber connectivity systems designed to support continuous industrial operations.
Facilities for the Philippine Economic Zone Authority (PEZA) and the Bureau of Customs are expected to be operational by the first quarter of 2027, further strengthening the estate’s ability to support export-oriented manufacturing and logistics activities.
Early locator activity is already generating momentum within the estate, with global manufacturers including Coca-Cola Europacific Aboitiz Philippines and Ajinomoto Philippines Corporation developing major production facilities.
Their presence signals growing confidence in the estate’s strategic location and its ability to support large-scale manufacturing operations serving both domestic and regional markets.
As anchor manufacturers establish operations, suppliers, logistics providers, and specialized service companies are also expected to cluster near production facilities to improve operational efficiency and reduce logistics costs.
Located within Central Luzon’s emerging industrial corridor and linked to major expressways, airports, and seaports, TARI Estate has been designed as a modern industrial ecosystem capable of supporting a wide range of manufacturing and logistics activities.
Once fully developed, the 384-hectare PEZA-registered special economic zone is expected to generate more than 60,000 jobs, boosting economic activity in Tarlac province and neighboring areas across Central Luzon.
READ: TARI Estate in Tarlac designated special economic zone
