Aboitiz's LIMA joins forces with PEZA to attract more investments into ecozones
LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, has been named as the government’s newest investment promotion partner, tasked with driving fresh investments into the country.
In a statement, the Philippine Economic Zone Authority (PEZA) announced that it had signed a memorandum of understanding (MOU) with LIMA last week, sealing the collaboration.
“This MOU is more than a partnership, it is a bold step toward redefining how we attract and grow investments in the Philippines,” said PEZA Director General Tereso Panga.
“By aligning PEZA’s regulatory strength with LIMA’s innovation-driven investor services, we are creating a dynamic, future-ready ecosystem that goes beyond compliance to deliver true business empowerment,” he added.
The MOU formalizes a partnership between the two entities aimed at enhancing investor services, streamlining regulatory processes, and accelerating the development of the economic zone (ecozone).
As an investment promotion partner, LIMA will assist the agency in attracting new locators to its ecozones nationwide.
The company was also tasked with hosting investment forums and supporting market development for these prospective investors.
“Together, we are accelerating the transformation of our economic zones into global hubs of inclusive, sustainable, and resilient growth,” said Panga.
Under the MOU, Aboitiz InfraCapital Economic Estates also introduced the EaseBiz program, which is designed to streamline government processes and create a seamless process for investors.
In a social media post, the company said this program will feature on-site access to services deemed crucial for locators, such as government permits, registrations, and renewals.
“Through the EaseBiz initiative, we address real challenges investors face, like regulatory delays and permit bottlenecks. It sends a clear message: The Philippines is not only open for business, but actively working to make doing business easier,” Aboitiz InfraCapital Economic Estates President Rafael Fernandez de Mesa said.
EaseBiz will be implemented initially in Abotiz’s LIMA Estate in Batangas.
As the largest privately owned industrial park in the country, LIMA Estate currently houses over 240 locators and employs more than 75,000 people.
Abotiz’s MEZ2 and West Cebu Estate in Cebu and TARI Estate in Tarlac will eventually adopt the EaseBiz scheme.