Aboitiz InfraCapital and its business units have rebranded Nov. 26, 2021in a bid to be "top of mind in infrastructure solutions".
"We want to establish InfraCap as a full-fledged Strategic Business Unit within the Aboitiz Group," noted President and CEO Cosette Canilao.
For the past few years, AIC has been ramping up its portfolio and for 2022, it is almost doubling its capital expenditures (capex) to P20 billion, mainly for economic zones and digital infra development, she announced.
This year, the company earmarked P13 billion capex for the rollout of various projects, including its newest venture into common towers.
In April, AIC formed a joint venture with leading global private markets firm, Partners Group, to establish a telecommunications infrastructure platform, Unity Digital Infrastructure, Inc. (Unity).
The new branding marks a new chapter in the company’s history, and represents its commitment to invest in new projects.
Furtermore, AIC and its business units are optimistic that the economy will sustain its recovery from the COVID-19 pandemic, as demand for more infrastructure solutions emerges.
Its Integrated Economic Centers are rebranding to ‘Economic Estates’ and will individually be known as LIMA Estate, Mactan Economic Zone 2 Estate, and West Cebu Estate.
The change comes as expansion plans for LIMA and West Cebu Estate are underway which are expected to yield up to 89,000 jobs combined.
The business unit estimates that LIMA’s industrial expansion alone will bring in P10.3 billion worth of inventory.
Apo Agua Infrastructura, Inc. is on track to begin operations in 2022, in spite of COVID-19’s impact on its construction activities.
Through close collaboration with the Davao City Water District (DCWD) and its Engineering, Procurement, and Construction Contractor J.V. Angeles Construction Corporation, Apo Agua has achieved significant milestones in relation to the Raw Water Facility’s Intake Weir, Treated Water Pipeline, and Water Treatment Plant.
Once operational, the project will deliver at least 300 million liters of treated water per day to DCWD for the benefit of more than one million Davaoeños.
Meanwhile, LIMA Water Corporation continues to build foundations for its Smart Water Network, wherein its water facilities turn into interconnected and intelligent systems.
Once fully integrated, the Smart Water Network is projected to lead to even better operational efficiency and savings in terms of deep well operation, auto adjustment of transfer pumps, and non-revenue water (NRW) management.
It is also building its capabilities to grow the Estate Water business.
For its part, Unity has completed sites in Luzon and Visayas, and aims to complete over 1,000 sites by 2022.
AIC is also helping fast-track information and communications technology development in the country through its Small Cells business. It is looking at having more than 350 small cells by year-end with Subic as its new market .