Aboitiz Equity Ventures Inc. (AEV), a major shareholder in Coca-Cola Europacific Aboitiz Philippines (CCEAP), has marked a significant milestone with the groundbreaking of CCEAP’s new 42-hectare manufacturing facility at TARI Estate in Tarlac City—one of the largest Coca-Cola plants globally and among its most substantial infrastructure investments to date.
The facility, developed within AEV’s TARI Estate through its infrastructure arm Aboitiz InfraCapital Economic Estates, is poised to become a key driver of industrial growth in Central Luzon and a major contributor to the country’s economic development.
“This new development cements our solid partnership with Coca-Cola Europacific Partners,” said Sabin M. Aboitiz, president and CEO of AEV. “It’s a strategic move: we need to protect and grow Coke’s market share while driving development in local economies. It signals to the market that Central Luzon is ready—ready to lead the next wave of industrial growth in the Philippines.”
The project underscores AEV’s push to redefine itself as the country’s first “Techglomerate”—integrating technology-driven investments into its core businesses in power, banking, infrastructure, and food and beverage. The plant is expected to generate hundreds of jobs, attract allied industries, and contribute significantly to national GDP growth.
CCEAP president and CEO Gareth McGeown echoed the long-term commitment of Coca-Cola to the Philippines: “This investment and expansion 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.”
The Tarlac facility represents one of the largest single-locator investments to date for TARI Estate, AEV’s next-generation industrial estate located at the strategic junction of TPLEX, CLLEX, and SCTEX—providing connectivity to Clark International Airport, Manila and Subic seaports, and northern provinces.
With Phase 1A of TARI Estate now 90 percent complete, AEV is reinforcing its role in shaping the country’s industrial future while aligning with its broader environmental, social, and governance (ESG) goals.
AEV, one of the country’s most diversified conglomerates with over a century of operations, continues its “Great Transformation” journey—leveraging digitalization and innovation to enhance its portfolio of life-essential businesses. As a member of the United Nations Global Compact and other international governance bodies, AEV aligns its strategic initiatives with the UN Sustainable Development Goals, implementing its proprietary #OneAboitizSustainability Synergy model across sectors.
This latest investment reinforces AEV’s commitment to sustainable growth and community impact—positioning the group as a central player in the country’s evolving industrial and economic landscape.
