Aboitiz Economic Estates and YGC’s House of Investments Expand TARI Estate Following PCC Clearance
TARI Estate is quickly emerging as Central Luzon’s next industrial hub, following a strategic partnership between Aboitiz Economic Estates (a subsidiary of the Aboitiz Group) and House of Investments (HI), the non-bank holding company of the Yuchengco Group of Companies (YGC). The joint venture has received formal clearance from the Philippine Competition Commission, allowing the partners to proceed with definitive agreements to expand the estate, bringing the total area to 384 hectares. HI, through its subsidiary Tarlac Terra Ventures, Inc., will hold a 51% stake, while Aboitiz Economic Estates will maintain 49% and serve as the exclusive provider of project management, estate operations, and general support services.
Development at TARI Estate is progressing swiftly. Phase 1, covering 90 hectares, is undergoing site development and is expected to be completed within the year. Parallel work on subsequent phases aims to accelerate critical infrastructure delivery, including internal roads connecting directly to Luisita Road, reliable power and water systems, fiber-optic connectivity, and estate-wide utilities designed for continuous industrial operations. Dedicated PEZA and Bureau of Customs offices are expected to be operational by the first quarter of 2027, streamlining regulatory and customs processes for locators.
Anchored by major tenants such as Coca-Cola Europacific Aboitiz Philippines and Ajinomoto Philippines Corporation, TARI Estate is positioned to support light- to medium-scale industries, further strengthening the estate’s industrial ecosystem. The first phase has already sold out, with locators advancing in various stages of development, while Phase 2 is attracting strong interest from both domestic and foreign enterprises looking to expand supply chains. Strategically located along SCTEX, TPLEX, and CLLEX, and near Clark International Airport and major seaports, the estate offers seamless access to Luzon’s logistics network.
“This joint venture accelerates TARI Estate’s growth and supports Central Luzon’s economic development,” said Rafael Fernandez de Mesa, President and CEO of Aboitiz Economic Estates. “Through this partnership, we are building a dynamic ecosystem where industries can scale efficiently, generate employment, and contribute to sustainable community growth.”
Lorenzo V. Tan, President and CEO of HI, added, “Our collaboration with Aboitiz Economic Estates strengthens our position in horizontal property development and expands our portfolio. Together, we are delivering long-term value through sustainable, future-ready industrial solutions that benefit investors, locators, and communities alike.”
With infrastructure delivery underway and expansion plans in full swing, TARI Estate is set to solidify its position as a premier industrial destination in Central Luzon, attracting investments and driving inclusive growth across the region.