Sabin M. Aboitiz
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, announced that its 40-percent-owned affiliate Coca-Cola Europacific Aboitiz Philippines (CCEAP) is building its largest Philippine plant at TARI Estate in Tarlac City.
CCEAP’s state-of-the-art, 42-hectare (ha) manufacturing plant has just broken ground. The facility will be one of Coca-Cola Europacific Partners’ (CCEP) largest manufacturing sites globally and among its most significant infrastructure investments to date.
While declining to disclose the project cost and the plant’s planned capacity, AEV said this project underscores its commitment to shaping the future as the Philippines’ first techglomerate, leveraging its life-essential businesses and technology-driven investments to advance growth, innovation, and community development across the country.
AEV emphasized that this landmark project will bring substantial benefits to the region and the country, creating hundreds of local jobs, attracting complementary industries, and contributing to the Philippines’ gross domestic product (GDP) growth.
“This new development cements our solid partnership with CCEP. It’s a strategic move: we need to protect and grow Coke’s market share while driving development in local economies,” said AEV President and Chief Executive Officer (CEO) Sabin M. Aboitiz.
He noted that, “It signals to the market that Central Luzon is ready—ready to lead the next wave of industrial growth in the Philippines.”
“Coca-Cola is everywhere. It’s the most popular brand in the world, sold in more than 200 countries, and enjoyed about 2.2 billion times every single day. The brand appears in over 33 million outlets and claims more than half of the global beverage market,” added Aboitiz.
CCEAP President and CEO Gareth McGeown reinforced Coca-Cola’s continuing commitment to the Philippines, saying, “This investment and expansion of our operations reflect Coca-Cola’s deep commitment to serving our millions of customers every single day, supporting the Philippines’ growth, and creating meaningful job opportunities for Filipino talent.”
“We are eager to continue working hand in hand with TARI Estate, as we support the local government of Tarlac and its people and economy,” he added.
The plant also marks one of the largest single-locator commitments to date for TARI Estate, developed by Aboitiz InfraCapital Economic Estates, another AEV business unit.
With phase 1A of TARI Estate already 90-percent complete, the estate is positioned as the next frontier for industrial growth north of Metro Manila.
Located at the convergence of Tarlac-Pangasinan-La Union Expressway (TPLEX), Central Luzon Link Expressway (CLLEX), and Subic-Clark-Tarlac Expressway (SCTEX), it offers connectivity to Clark International Airport, Manila and Subic seaports, and the northern provinces.
Through this development, AEV strengthens its portfolio while contributing to local and national progress—fueling employment, strengthening supply chains, and advancing the Philippines’ economic transformation.