Sunday, December 22, 2024

From Misamis to Batangas: Discovering the Future of Sustainable Economic Zones

COURTESY: https://aboitizinfracapital.com/

Hey there, fellow adventurers! Buckle up because we're about to embark on an exciting journey from Misamis Oriental to the bustling LIMA Estate in Batangas. This isn't just any trip – it's a benchmarking adventure that officials from Misamis Oriental recently completed, and it's packed with insights, innovation, and a dash of ecological brilliance. So, grab your virtual passport, and let's dive into this vibrant exploration!



It all started when officials from the Misamis Oriental provincial government decided to check out the LIMA Estate in Batangas. This isn't just any industrial estate. Nope, it's a Philippine Economic Zone Authority-registered zone and the country's first and largest 5-star BERDE-certified industrial estate. How cool is that? BERDE stands for Building for Ecologically Responsive Design Excellence, in case you were wondering. It's like the gold standard for eco-friendly industrial spaces.

Governor Peter M. Unabia, Vice Governor Jeremy G. Pelaez, and a team of provincial board members were all on board for this trip from December 9 to 11. The group was eager to learn about the innovative practices at LIMA Estate, and they certainly got their fill. They toured the LIMA Estate Experience Center and even checked out The Outlets at Lipa. It's safe to say that this was more than just a field trip – it was a full-blown learning extravaganza!


LIMA Estate is a pretty big deal. Spanning 940 hectares, it’s the largest privately-owned industrial estate in the Philippines. And it's not just about size; it's about the impact. With over 240 locators and 74,000 employees, LIMA Estate is a bustling hub of economic activity. The estate is also home to the 70-hectare Biz Hub, Batangas’ first master-planned business district. LIMA Tower One is nearly fully leased, which speaks volumes about the demand for quality business spaces.

But wait, there's more! AIC Economic Estates, the brains behind LIMA, have been busy creating dynamic employment opportunities. In 2023 alone, they generated P3.4 billion in exports. Talk about making waves! And with the new TARI Estate in Tarlac City, an additional 60,000 jobs are on the horizon. It's clear that AIC is committed to driving economic growth and sustainability.



During their visit, the Misamis Oriental delegation got a firsthand look at how AIC fosters collaboration with stakeholders. Cosette V. Canilao, AIC President & CEO, emphasized the importance of sharing best practices. It's all about teamwork, folks! Christopher M. Camba, AIC First Vice President and Head of Corporate Affairs, echoed this sentiment, highlighting how local government units can replicate sustainable infrastructure solutions.

And speaking of collaboration, AIC recently teamed up with the Lipa City LGU for the PinasBilis eBoss Package. It's a partnership designed to streamline permits and licensing processes, making things faster and more efficient. It's like giving the city a turbo boost in efficiency – now that's something to cheer about!



So, what does this mean for Misamis Oriental? A lot, actually. The province is home to Laguindingan International Airport, the country's sixth-busiest gateway. AIC is set to upgrade, operate, and maintain the airport with an official turnover scheduled for April 2025. This is a game-changer, providing key access to Misamis Oriental’s three manufacturing economic zones: Jasaan Misamis Oriental Ecozone, Manticao Ecozone Corporation SEZ, and Phividec Industrial Estate-Economic Zone.

The insights gained from the benchmarking trip to LIMA Estate are invaluable. They offer a roadmap for sustainable and efficient economic development that can enhance the quality of life in Misamis Oriental. It's about building a future where economic growth and ecological responsibility go hand in hand.

In conclusion, the benchmarking trip to LIMA Estate was more than just a learning experience. It was a glimpse into the future of sustainable economic zones in the Philippines. With innovation, collaboration, and a commitment to excellence, Misamis Oriental is poised to make great strides in economic development. So, here's to the future – it's looking brighter than ever!

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