AyalaLand Logistics Holdings Corp. said Thursday it launched its fifth industrial estate, a 55-hectare development in Padre Garcia called Batangas Technopark that is registered with the Board of Investments.
Batangas Technopark is the second industrial estate of AyalaLand Logistics in the province, where it acquired in 2022 an existing 6.4-hectare existing industrial complex in Santo Tomas.
AyalaLand Logistics didn’t immediately disclose the cost of developing Batangas Technopark, which it expects to complete in the second quarter of 2025. Ayala Land Inc., the listed parent company of AyalaLand Logistics, had earlier announced a capital spending budget this year of P85 billion, with 16 percent or P13.6 billion going to estate development.
“This new industrial estate will not only serve as a hub for manufacturing and industrial activities but will also generate new employment opportunities for Batanguenos and residents of nearby localities,” said AyalaLand Logistics president and chief executive officer Jose Emmanuel Jalandoni. “Batangas Technopark is poised to attract local and foreign investors, and we are confident that it will be a key driver of economic growth in the region,” he added.
AyalaLand Logistics started developing industrial estates in 1990, with the Laguna Technopark. It aims to have a national footprint and already has presence in Calabarzon and in Cebu. In Pampanga, the company is a developing a 270-hectare agro-industrial hub.