Mactan Economic Zone II is now known as Mactan Economic Zone 2 Estate while the West Cebu Industrial Park is West Cebu Estate as part of the rebranding of Aboitiz InfraCapital (AIC) and its business units.
These two special economic zones in Cebu, along with the LIMA Technology Center in Batangas which is now known as LIMA Estate, are now called “economic estates” instead of integrated economic centers.
AIC president and CEO Cosette Canilao said the new brand identity reflects the group's forward ambition to be the country's top of mind in infrastructure solutions.
“We want to establish InfraCap as a full-fledged Strategic Business Unit within the Aboitiz Group, with a unique, impactful, and market-relevant brand identity and to be known as a reliable partner for growth, dedicated to nation-building and uplifting the lives of Filipinos,” she said in a statement.
West Cebu Estate, which hosts shipbuilding companies and related industries, and LIMA Estate are both undergoing expansions, which are seen to create up to 89,000 jobs combined. LIMA’s expansion alone is estimated to bring in P10.3 billion worth of inventory, Canilao said.
Other units under AIC are Unity Digital Infrastructure, Inc. (Unity), the telecommunications infrastructure platform that AIC formed with global private markets firm Partners Group; Apo Agua Infrastructura, Inc., which will provide water supply to Davao City Water District (DCWD); and LIMA Water Corp. in Batangas.
Canilao said the new logos of these business units reflect AIC’s brand identity and values as trustworthy experts and innovative thinkers who uphold transparency and integrity.
These attributes are represented by the solid building blocks that enable businesses and uplift communities, she added.
Unity aims to complete over 1,000 common tower sites by 2022.
AIC is also looking at having more than 350 small cells by yearend in Subic.
Apo Agua is on track to begin operations in 2022, in spite of COVID-19’s impact on its construction activities. Once operational, its project will deliver at least 300 million liters of treated water per day to DCWD to supply more than one million Davaoeños.
The project consists of a raw water facility’s intake weir, treated water pipeline and water treatment plant.
LIMA Water, meanwhile, is building a smart water network that links water facilities to interconnected and intelligent systems. (MTVI/Ventures Cebu)