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Manila Bulletin devider Business devider The Stock Market devider ALLHC launches 55-hectare Batangas Technopark

ALLHC launches 55-hectare Batangas Technopark

Published Apr 13, 2023 05:52 am


AyalaLand Logistics Holdings Corporation (ALLHC) has launched Batangas Technopark, its fifth industrial estate, as it continues to invest in the CALABARZON region. In a disclosure to the Philippine Stock Exchange, the firm said this is its second property within the Batangas province following the acquisition of an existing 64,000-sqm ready-built facility in Santo Tomas in 2022. ALLHC's newest prime location, Batangas Technopark sits in Padre Garcia and spans 55 hectares in gross land area. Registered with the Bureau of Investments (B01), the soon-to-rise Technopark is intended for light and medium, non-polluting industries from both local and global markets. Eventually, the estate will evolve as a mixed-use development with the addition of ALogis dry warehouse and ALogis Artico cold storage facilities, as well as public amenities including a community chapel, quick service restaurants, a transport terminal, a gas station, and a bagsakan or agricultural wholesale market. With a sustainable development in mind, Batangas Technopark aims to preserve its natural flora with an allocation of 1.3 hectares for park space, and the use of native trees and detention ponds to aid the property's resilience to environmental stress and geohazards. It will also ensure mobility with pedestrian-friendly spaces with wide sidewalks throughout the estate and transit connectivity with access to a public terminal. The target completion of Batangas Technopark is on the second quarter of 2025. Investors and prospective tenants can access the estate through Tiaong-Lipa Road. Coming from Metro Manila, it conveniently connects via the South Luzon Expressway (SLEX) and the Southern Tagalog Arterial Road (STAR Tollway). It is also an hour's drive from the Batangas Port, an international seaport serving as the alternate port to the Port of Manila. Soon, the property will be more accessible after the completion of the Lipa-Padre Garcia Bypass Road, which starts in Barangay Talisay of Lipa and will end in Barangay Bawi of Padre Garcia, just approximately 1.5km from the new Technopark. "This new industrial estate will not only serve as a hub for manufacturing and industrial activities but will also generate new employment opportunities for Batanguenos and residents of nearby localities, thus contributing to the local economy," said ALLHC President and CEO Jose Emmanuel H. Jalandoni. He noted that, “Batangas Technopark is poised to attract local and foreign investors, and we are confident that it will be a key driver of economic growth in the region.”
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