Aboitiz InfraCapital Economic Estates reported that one of its lessors, ATOMED Cebu Inc., is planning to expand its operations in the Philippines by adding incubator assembly lines and increasing its research and development capabilities.
In a statement, the firm said ATOMED Cebu has renewed its long-term lease at Aboitiz InfraCapital’s MEZ2 Estate (Mactan Economic Zone 2) for an additional 25 years, extending their partnership until 2049.
ATOMED Cebu is a leading manufacturer of medical disposables and incubators serving the Japanese healthcare market, has been a key locator in MEZ2 Estate since 2003.
Initially leasing 17,000 sqm, the company expanded its footprint to over 23,000 sqm in 2013 to accommodate its growing operations.
Aboitiz InfraCapital said this lease renewal reaffirms ATOMED's confidence in MEZ2 Estate’s strategic advantages, including its prime location, access to skilled talent, and robust support for business growth.
"Our continued partnership with MEZ2 Estate is a testament to the success we’ve achieved here over the past two decades,” said ATOMED Cebu President Hideo Matsubara.
He added that “the estate’s excellent infrastructure, skilled local workforce, and strategic location have been instrumental in our ability to effectively serve the global healthcare industry."
“As we extend our commitment, we are excited about expanding our operations and continuing our contribution to the community,” he also said.
As part of its future plans at MEZ2 Estate, ATOMED Cebu aims to scale its production capacity by expanding its incubator assembly line, bolstering research and development, and further investing in its workforce.
This strategic expansion not only creates new job opportunities but also strengthens ATOMED Cebu’s role as a key player in the global medical manufacturing sector.
“We are thrilled that ATOMED Cebu has chosen to continue its journey with us. Their success reflects the value we offer to locators through our top-tier facilities, strategic location, and unwavering commitment to fostering innovation in the manufacturing sector,” said MEZ2 Estate Vice President for Operations Cyel Auza.
She noted that “this lease renewal is a testament to our shared vision of growth, and we remain focused on enabling our locators to thrive and contribute to the local and national economy.”
Aboitiz InfraCapital Economic Estates are at the forefront of building industrial-anchored developments that serve as strategic locations for global businesses.
With estates like MEZ2, it offers locators access to cutting-edge infrastructure, a skilled labor force, and a business-friendly environment—providing them with the ideal conditions to expand their operations in the Philippines and across Asia Pacific.