Expansion in West Cebu Industrial Park to generate additional 14k jobs

Executives from Aboitiz InfraCapital, the infrastructure arm of the Aboitiz Group, announced in a recent virtual media briefing that they are currently in the bidding and awarding phase for the planned expansion of West Cebu Industrial Park.

“In terms of development, we’re in the bidding and awarding stage. We’re still finalizing the capex figures and we cannot share as of the moment,” said Rafael Fernandez de Mesa, head of Aboitiz Economic Estates.“There’s no timeline yet but we’re looking at 2023 for the expansion to be completed,” he explained.

Based on earlier reports, Aboitiz plans to add another 30 hectares for West Cebu Industrial Park, which currently has a land area of 540 hectares. A mixed-use development, it will feature residential and commercial aspects, possibly including business process outsourcing industries. “The master plan allocated space for these types of products. As of this point, we will only roll out once the market is ready for that,” De Mesa added.The bulk of this would be for its digital infrastructure business and expansion of economic estates, including West Cebu Industrial Park, said Cosette Canilao, president and chief executive officer of Aboitiz InfraCapital.

Make the entire island of Cebu an industrial park.

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