Despite the 2020 pandemic, LIMA Land, Inc., operator of LIMA Technology Center in Lipa-Malvar, Batangas, welcomed 17 new international and local locators and is expanding its industrial park to generate 20,000 jobs.
The company made the announcement today ( March 1) after its virtual annual Locators’ Appreciation event attended by 127 locators, affiliates, and Aboitiz team leaders and members.
“We are committed to the success of all our locators," said LIMA Land AVP for Operations Clifford Academia.
"This is how we’ve been able to grow our Estate from over 200 hectares to 700 hectares since 2013.”
“It’s a good time to join the LIMA family as we recently integrated with Aboitiz InfraCapital to transform our Integrated Economic Centers into smart cities," noted First Vice President for Aboitiz Integrated Economic Centers Rafael Fernandez de Mesa.
"Our objectives will be to further improve operational efficiencies within our properties, as well as to provide you with better service and new offerings,” he added.
In December, LIMA Land announced it will develop over 100 hectares of its existing 700-hectare property in the next two years to accommodate more industrial locators.
The expansion area is currently under construction and ready to take reservations from new locators.
It is expected to generate up to 20,000 new jobs in Batangas and neighboring areas.
In addition, it will transform its 30-hectare commercial zone into a full-fledged Central Business District.
The next phase of development will be at the heart of the CBD and will house BPO companies, office buildings, housing facilities, schools, hospitals, hotels, and civic centers.
This will complement existing components such as ‘The Outlets’ at Lipa, LIMA Exchange, and LIMA Park Hotel. Commercial lots will also be available for sale to the public this March.
With these plans in place, LIMA is well on its way to becoming the next leading Integrated Economic Center in Calabarzon.