AIC Economic Estates, the top developer and operator of intelligent and eco-friendly industrial and mixed-use communities in the Philippines, has achieved success once more by winning eight esteemed accolades at the 11th Philippine Property Awards. These awards were bestowed by PropertyGuru, a renowned authority in the Asian real estate industry.
AIC Economic Estates has once again proven their exceptional knowledge and unwavering commitment to excellence by securing the prestigious title of “Best Industrial Developer” for the third year in a row. This impressive streak of three consecutive wins solidifies the company’s reputation as the top leader in industrial estate development and management.
In the past year, AIC Economic Estates has experienced rapid growth. The company has introduced new industrial and commercial developments totaling 240 hectares in Batangas and Cebu, expanding its options for potential clients. Additionally, the company has actively promoted the Philippines as a top destination for global investments by partnering with government agencies and organizing investment events in important markets throughout Asia.
West Cebu Estate, known as the “Shipbuilding Capital of the Philippines,” made a remarkable first impression by winning the prestigious award for “Best Industrial Development in the Philippines.”
The recent acknowledgment highlights the significant changes in the economy and society caused by West Cebu Estate in Balamban, Cebu. It has turned the community from a fourth-class town into a lively, first-class hub of economic activity. Cyel Auza, Vice President for Cebu Operations, expressed his deep gratitude, saying, “This recognition is especially meaningful as West Cebu Estate celebrates its 30th anniversary this year. It motivates us to keep pushing boundaries of innovation, not just to transform our estate, but also to facilitate progress in rural areas and uplift the communities we serve.”
Additionally, LIMA Estate, the main development of AIC Economic Estates, was recognized once again with two esteemed accolades for the second year in a row – “Top Mixed-Use Development” and “Top Eco-Friendly Development” in the Philippines.
PropertyGuru praised AIC Economic Estates for their strong dedication to sustainability and recognized them with prestigious awards for Sustainable Design and Construction, as well as Environmental, Social, and Governance (ESG) practices. AIC Economic Estates has taken significant steps towards sustainability, such as utilizing renewable energy, transitioning to electric vehicles, promoting eco-friendly transportation options through walkways and bikeways, and implementing dormitories to reduce carbon emissions from employee commuting. These efforts have greatly reduced the environmental impact of various industries throughout their estates in Southern Luzon and Central Visayas.
Vice President for Operations at LIMA Estate, Clifford Academia, emphasized the company’s main objective of positioning the Philippines as a top destination for investment opportunities in Asia. This includes creating jobs and attracting investments that benefit the lives of many Filipinos. Academia stated that Aboitiz InfraCapital Economic Estates is dedicated to collaborating with the government to facilitate foreign investments and generate employment for fellow Filipinos. Covering 1,400 hectares of industrial land and hosting over 200 companies that employ 100,000 Filipinos, the company is grateful to PropertyGuru for acknowledging their efforts. They remain determined and dedicated to achieving their vision, and are committed to fulfilling this mission to the best of their abilities.
Aboitiz InfraCapital Economic Estates remains at the forefront of sustainable and smart industrial development in the Philippines, delivering immense value to businesses, communities, and the environment. Its consistent wins at the 11th Philippine Property Awards serves as a resounding declaration of its unwavering commitment to excellence, sustainability, and the continued transformation of the Philippine real estate landscape.
Aboitiz InfraCapital Economic Estates is gearing up for the 18th PropertyGuru Asia Property Awards Grand Final on Friday, December 8, 2023 in Bangkok, Thailand. The company will be vying for regional recognition alongside competitors from other countries. After winning Asia’s Best Industrial Developer and Asia’s Best Industrial Development titles last year, the company aims to continue its success and demonstrate its dedication to excellence and innovation in the industry as it competes for this year’s awards.
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