Aboitiz is undergoing its Great Transformation to become the Philippines' first techglomerate.

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Infrastructure

Aboitiz InfraCapital Signs Concession Agreement For Bohol-Panglao International Airport

Power

Hedcor Turns Over PHP5.1M Royalty Shares To Bukidnon Indigenous Communities

Aboitiz InfraCapital Strengthens Ease of Doing Business in Lipa with PinasBilis eBoss Package Turnover

Corporate Center

AEV Earns 2nd KAISA Star Seal Award for Outstanding Safety Commitment

Aboitiz Group Advisory to External Stakeholders regarding COVID-19

2019 Bankers’ Night

2019 Brigada Eskwela Cebu

Franz de la Fuente

 

MISOR OFFICIALS VISIT ABOITIZ INFRACAPITAL’S LIMA ESTATE. All smiles as members
of the Misamis Oriental provincial government, led by Governor Peter M. Unabia
and Vice Governor Jeremy G. Pelaez, paid a visit to Aboitiz InfraCapital
Economic Estate’s LIMA Estate in Batangas to conduct benchmarking activities.
Officials of the Misamis Oriental provincial government recently completed a
benchmarking trip to Aboitiz InfraCapital’s (AIC’s) LIMA Estate in Batangas, a
Philippine Economic Zone Authority-registered economic zone and the country’s
first and largest 5-star BERDE-(Building for Ecologically Responsive Design
Excellence)-certified industrial estate development.


> "We are honored to share the best practices and innovations of LIMA Estate with
the Misamis Oriental delegation. Benchmarking activities like this exemplify
AIC's commitment to fostering collaboration with our ever-valuable
stakeholders,” said AIC President & CEO Cosette V. Canilao.

During their visit from December 9 to 11, the Misamis Oriental contingent, led
by Governor Peter M. Unabia and Vice Governor Jeremy G. Pelaez, toured LIMA
Estate’s LIMA Estate Experience Center and The Outlets at Lipa.


Governor Peter M. Unabia arrives at Aboitiz InfraCapital Economic Estates’ LIMA
Estate in Lipa-Malvar, BatangasIn addition to Governor Unabia and Vice Governor
Pelaez, Misamis Oriental Provincial Board Members Robert de Lara, Rey Buhisan,
Wayne Militante, Gerardo Sabal III, and Dexter Yasay joined, along with
Provincial Administrator John Ladaga.


> “We are pleased to help enable local government units (LGUs) to replicate
sustainable and efficient infrastructure solutions that spur economic
development and enhance the quality of life in their communities,” said AIC
First Vice President and Head of Corporate Affairs Christopher M. Camba.

Misamis Oriental is the home province of Laguindingan International Airport, the
country’s sixth-busiest gateway and whose upgrade, operation, and maintenance
will be undertaken by AIC - with an official turnover scheduled for April 2025.


Laguindingan International Airport, considered the Gateway to Northern Mindanao,
provides key access to Misamis Oriental’s three manufacturing economic zones:
Jasaan Misamis Oriental Ecozone, Manticao Ecozone Corporation SEZ, and Phividec
Industrial Estate-Economic Zone.


Spanning 940 hectares, LIMA Estate in Lipa-Malvar, Batangas is the country’s
largest privately-owned industrial estate, housing 240+ locators and 74,000+
employees. LIMA Estate is also home to the 70-hectare Biz Hub at LIMA Estate,
Batangas’ first master-planned business district, whose LIMA Tower One is
already nearly fully leased on top of strong demand.


Over the past years, AIC Economic Estates has created multiple dynamic
employment opportunities for Filipinos and its host communities. To date, AIC
Economic Estates has generated P158 billion in investments to date, and in 2023
alone, helped generate P3.4 billion in exports. In TARI Estate, AIC’s newest
Economic Estate in Tarlac City, over 60,000 jobs are projected to be generated.


Recently, AIC Economic Estates partnered with the Lipa City LGU for PinasBilis
eBoss Package, a collaboration with AboitizLand and the Aboitiz Foundation,
designed to provide the city with essential tools to enhance efficiency and
speed up permits and licensing processes.

Aboitiz InfraCapital organizes benchmarking initiative for MisOr execs

Byron Kingsley Chua

UBX marked its 6th anniversary and the end of the year with a Christmas Party,
themed #RisingHigherAtSix, held at UBX HQ last Tuesday, December 17, 2024. The
celebration blended fun, games, and performances, bringing UBXers together to
honor their achievements and embrace the holiday spirit.

This year’s theme, #RisingHigherAtSix, reflects UBX's dedication to innovation
and financial inclusion. From launching groundbreaking projects to forming
impactful partnerships, the company has continued to push boundaries and create
meaningful change. A highlight of the year was the investment from SBI Holding
[https://ubx.ph/press/sbi-acquires-stake-in-ubx/]s—a transformative
collaboration that will drive growth and unlock new opportunities for UBX in the
years ahead.

The festivities began with pre-event activities like distributing holiday
baskets and an office-wide scavenger hunt, adding energy and excitement to the
season. The main event at UBX HQ featured parlor games, including the
crowd-favorite Lip Sync Battle, where teams delivered creative and energetic
performances to Christmas hits. UBXers also enjoyed the annual People's Choice
Awards, with playful categories such as "Laging Ready Award" (Always Ready
Award) and "Best Desk Award," fostering engagement and camaraderie.

Pinakama-Tech-NikRaffle draws with exciting prizes like gift certificates and
tech devices capped off the night, leaving attendees in high spirits.

Mabuting NilalangAs UBX steps into its seventh year, the celebration highlighted
not only past successes but also the company’s bright future. Launched in 2018
as a spin-off from UnionBank of the Philippines, UBX has remained steadfast in
its mission to deliver financial inclusion through innovation and digital
transformation.

Banking and Financial Services

UBX Celebrates 6th Anniversary: #RisingHigherAtSix

Earl Gio Manuel

Last November 11, Aboitiz Construction was proudly included in the Philippine
Daily Inquirer's prestigious list of the "Philippines' Best Employers 2025,"
marking the third consecutive year the company has earned a spot on the list.
The report, conducted in collaboration with Statista, the world’s leading data
and business intelligence portal, surveyed thousands of employees across
industries to determine the top employers in the country.

Among the 300 companies listed across 27 industries, Aboitiz Construction was
ranked 2nd in the Construction, Oil & Gas Operations, and Mining industry. This
recognition underscores the company's continued commitment to its employees and
its position as a leader in the construction sector.

“This recognition is a testament to the dedication, hard work, and passion of
our team members. At Aboitiz Construction, we are committed to fostering a work
environment where every individual has the opportunity to grow, thrive, and
contribute to our mission of building a better future for a better Philippines.
This award further motivates us to continue empowering our workforce and
delivering operational excellence in everything we do,” said Antonio Peñalver,
Executive Director of Aboitiz Construction.


The award is based on a comprehensive survey that invited thousands of employees
to rate their employers, evaluating whether companies truly lived up to the
values and public image they promoted. Respondents were asked to assess not only
their own organizations but also other companies in their respective industries
that they would confidently recommend to friends and family.


As Aboitiz Construction approaches its golden anniversary in 2025, the company
remains committed to growth, innovation, and strengthening partnerships across
the country. The recognition as one of the best employers for the third
consecutive year reflects Aboitiz Construction’s ongoing dedication to creating
a positive work culture, enhancing employee satisfaction, and fostering
long-term success.

As a Quadruple A licensed contractor, Aboitiz Construction,  consistently
delivers quality projects across heavy and light industries, infrastructure, and
maintenance services—and by leveraging synergies within the Aboitiz
Group—Aboitiz Construction continues to cement its position as an industry
leader. This achievement serves as a testament to the company's focus on
empowering its team members, reinforcing its commitment to excellence, and
positioning itself for even greater accomplishments in the years ahead.

Construction

Aboitiz Construction Earns Spot On “Philippines’ Best Employers" List for Third Straight Year

Aboitiz Eyes

Unite for Transformative Education. Aboitiz Group leaders and education
advocates stand alongside DepEd Secretary Sonny Angara to champion innovative
and impactful education initiatives. From left: CitySavings External Relations
Head Atty. Roel Eric "Rookie" Garcia, CitySavings CSR and Sustainability Head
Paula Ruelan, DepEd Secretary Sonny Angara, Aboitiz Foundation COO Mardi
Mapa-Suplido, and Aboitiz Foundation President Ginggay Hontiveros-Malvar.> 
Public-private partnerships accelerate our impact on learners and teachers. By
working together, we can create enduring solutions that ensure a brighter future
for Filipino children.

– Sec. Sonny Angara, Department of Education
As 2024 comes to a close, Department of Education (DepEd) Secretary Sonny Angara
commended Aboitiz Foundation for its continued dedication to improving
Philippine education. 
The agency likewise recognized the Aboitiz Group's initiatives from City Savings
Bank, AboitizPower’s Therma South Inc., and Visayan Electric, for advancing
education and uplifting communities across the Philippines.

Through programs like AuroraPH and Aboitiz Future Leaders, the Foundation has
created lasting solutions to benefit students and teachers, especially in remote
and underserved areas.

“Aboitiz Foundation has demonstrated unwavering dedication to providing quality
education for the Filipino youth, particularly in underserved and remote
communities,” said Secretary Angara. “Public-private partnerships accelerate our
impact on learners and teachers. By working together, we can create enduring
solutions that ensure a brighter future for Filipino children.”

The AuroraPH program has exceeded its 2024 goal by energizing and connecting 11
last-mile schools to the internet through solar power, surpassing the original
target of 10 schools. These solar panels provide a sustainable solution to
energy and connectivity issues in remote areas. In 2025, the Foundation plans to
expand AuroraPH to reach 100 more schools nationwide, helping even more students
access quality education.

Meanwhile, the Aboitiz Future Leaders program continues to empower the youth,
currently supporting 50 college scholars in various universities across the
country. For 2025, the program aims to onboard 100 more scholars, giving them
access to education and brighter career opportunities.

“Our partnership with DepEd drives us to create transformative programs that
open pathways for Filipino youth,” said Aboitiz Foundation President Ginggay
Hontiveros-Malvar. “Through AuroraPH and Aboitiz Future Leaders, we’re turning
challenges into opportunities for success.”

In addition to education, the Aboitiz Foundation focuses on two other pillars:
Jobs and Climate Action. The flagship program under the Jobs pillar, Elevate
AIDA, equips women with skills in artificial intelligence and data annotation,
paving the way for meaningful job placements and income generation. Meanwhile,
the Climate Action pillar highlights programs such as CarbonPH and the Wasteless
Campaign, both of which emphasize environmental sustainability and resilience.
CarbonPH focuses on reforestation and watershed recovery, while the Wasteless
Campaign promotes recycling and sustainable practices in partnership with
communities and stakeholders.

“Programs like AuroraPH and Aboitiz Future Leaders show how partnerships can
drive inclusive growth and sustainable development,” added Hontiveros-Malvar.
“We thank the Department of Education for its invaluable guidance and support.”

Aboitiz Foundation’s multi-pronged approach to nation-building reflects its
mission to create a better and more sustainable Philippines. By supporting
education, fostering job creation, and championing climate action, the
Foundation aligns with national development goals and inspires collaboration
across sectors.

DepEd Secretary Sonny Angara Applauds Aboitiz Group's Transformative Efforts in Philippine Education

Aboitiz Construction was awarded the Site Development Package for Taiheiyo
Cement’s upcoming cement plant in Calaca, Batangas. The project is being carried
out under the client Shimizu Philippine Contractors Inc. and is set to
significantly contribute to the region’s infrastructure development.

The scope of the project includes essential site preparation work, such as
earthworks, backfilling, and the construction of a retaining wall, all of which
are crucial for establishing a solid foundation for the new cement production
facility. A significant portion of the workforce will be locally sourced,
contributing to the economic growth of the community.

The completion of this site development will support Taiheiyo Cement in its goal
to produce high-quality cement, which will, in turn, help drive infrastructure
projects throughout the region. This aligns with Aboitiz Construction’s
transformative purpose of building for business to prosper and communities to
thrive.

“This project is an exciting opportunity for Aboitiz Construction to play an
integral role in the development of essential infrastructure materials. By
ensuring the availability of quality cement for future projects, we are
contributing to a better future for the Philippines,” said Levi Agoncillo,
Aboitiz Construction’s Vice President for Business Development Construction.

As a Quadruple A licensed contractor, Aboitiz Construction continues to deliver
quality projects across both heavy and light industries, as well as in
infrastructure and maintenance services, helping businesses succeed and
communities thrive.

Aboitiz Construction Secures Taiheiyo Cement Site Development Works in
Calaca, Batangas

GREEN PARTNERSHIP. Aboitiz Construction has partnered with the Ramon Aboitiz
Foundation, Inc. (RAFI) to launch a Mangrove Forest Enhancement Project in Lian,
Batangas, aiming to plant 1,455 mangrove seedlings by 2026 while empowering
local communities through training and sustainable livelihood initiatives.In
line with its ongoing commitment to environmental sustainability and with the
support of Aboitiz Foundation, Aboitiz Construction has teamed up with the Ramon
Aboitiz Foundation, Inc. (RAFI) to launch the Mangrove Forest Enhancement
Project in Lian, Batangas. A partnership signing ceremony was held at RAFI
Office in Cebu City last November 12.

The project which has started this month aims to plant and grow 1,455 mangrove
seedlings by 2026 while focusing on empowering local communities, specifically
the Lian Fisherfolks Association and Samahan ng mga Mangingisda sa Sulok, by
providing them with training in mangrove plantation design, nursery
establishment, seedling production, and plantation maintenance. These efforts
are expected to help address socio-economic challenges by creating alternative
income sources for the members of the organization.

“We are proud to continue our commitment to environmental sustainability through
this partnership with the Ramon Aboitiz Foundation. The Mangrove Forest
Enhancement Project not only contributes to the preservation of vital ecosystems
but also supports the livelihood of local communities. By engaging our team
members and local organizations, we aim to create a lasting impact that will
benefit both the environment and the people of Lian for years to come,” said
Karmine Andrea Ching, Sr. AVP for Business Transformation of Aboitiz
Construction.

The project also aims to achieve an 80% survival rate of the planted seedlings
by its completion, ensuring the long-term sustainability of the mangrove forest
and its positive impact on the local ecosystem. This goal will be supported
through continuous monitoring, maintenance, and community involvement in caring
for the plants.

The work on the ground will be carried out in direct coordination with the Local
Government Unit and the Municipal Environment and Natural Resources Office
(MENRO) of Lian ensuring that the project aligns with local environmental
priorities and governance.

“We are excited to renew our partnership with Aboitiz Construction, who was one
of our partners in our other initiatives in the past. Together, let's empower
communities to live harmoniously in balanced ecosystems,” said Estee Marie
Plunket, Chief Communications, Advocacy, and Partnerships Officer of RAFI.

This project adds to Aboitiz Construction’s broader sustainability efforts. This
year, the company’s team members planted approximately 1,300 seedlings in
Alaminos, Laguna, Balamban, Cebu, and Claver, Surigao del Norte. In 2022,
Aboitiz Construction also signed a three-year partnership with the National
Power Corporation to adopt 2.6 hectares of land and plant 2,600 trees in Santo
Tomas, Batangas.

Aboitiz Construction partners with Ramon Aboitiz Foundation, Inc. to enhance mangrove forest in Lian, Batangas

First published in InfraTalks, Aboitiz InfraCapital's monthly column in The
Manila Times.
[https://www.manilatimes.net/2024/12/19/business/top-business/elevating-travel-driving-growth/2024205]

AIRPORTS are more than mere transit hubs; they are vital infrastructure bridging
places, economies and cultures. They connect people, stimulate trade and serve
as gateways to new opportunities. In the Philippines, airports play a crucial
role in driving economic growth, yet their potential remains underutilized.

Growing up in Cebu, I witnessed the transformation of the Mactan-Cebu
International Airport (MCIA) firsthand. This evolution has been nothing short of
inspiring. For our family and many others, the MCIA symbolizes progress,
innovation and Cebuano pride. As an organization with Cebuano roots, Aboitiz
InfraCapital (AIC) shares this deep connection to this incredible gateway. The
MCIA's journey is a testament to what can be achieved when vision meets
collaboration.

Globally, the aviation industry is an economic powerhouse, and in the
Philippines, aviation significantly contributes to gross domestic product (GDP),
generates employment and fuels the tourism industry.

As of November 2024, the MCIA welcomed 7.6 million domestic passengers while
international passengers totaled 2.5 million (or 33 percent of total traffic),
up 14 percent year-on-year. The MCIA also serves as a key growth driver for
Central Visayas. Last year, the region's economy grew by 7.3 percent — the
fastest among the country's regions.

Ripple effects are also felt across allied sectors like logistics, hospitality
and retail. A modern, efficient airport can attract international tourists,
increase trade opportunities and elevate local economies. For instance, a 
recent
PwC study entitled "Airport Infrastructure in Asia"
[https://www.pwc.com/gx/en/capital-projects-infrastructure/pdf/pwc-airport-infrastructure-in-asia.pdf] 
highlights the transformative impact of air transport infrastructure on economic
competitiveness in the region.

"In recent decades, Asia has emerged as the leading region in aviation traffic,
currently accounting for 30 percent of the world's revenue passenger kilometers,
up from 24 percent in 2004. As the world's fastest-growing region, Asia should
see its growth remain resilient at over 6 percent per annum over the next two
decades," the study said, with the same study noting that the more air trips per
capita of a country are directly linked to its GDP per capita.

Regional peers like Singapore and Hong Kong have set benchmarks for how
modernized airports can boost tourism and trade. In contrast, the Philippines
faces challenges such as visa restrictions, high hotel and accommodation costs,
and inadequate infrastructure — issues that limit competitiveness.

Modernizing airports in the Philippines is no small task, and public-private
partnerships (PPPs) have proven effective. Government-managed airports often
face constrained resources, impacting optimal efficiency. By engaging private
operators, we unlock access to investments, expertise and technology needed to
transform our airports into world-class facilities.

The success of the MCIA — the country's first airport PPP — is a shining
example. Through privatization, it has seen remarkable improvements in passenger
satisfaction, enhanced facilities and global recognition, including a Level 2
Airport Customer Experience Accreditation and Level 1 Accessibility
Accreditation from the Airports Council International, as well as a 4-star
Skytrax rating for the MCIA Terminal 2.

Just yesterday, AIC signed the concession agreement
[https://www.facebook.com/AboitizInfraCapital/posts/pfbid02GPqNcMqAvcwvUEqKJeYQt745iujvHZF6HF4FGvn4ttpT3A96Ev6cRiksyTv2NT4vl?__cft__[0]=AZXtxIOP9HTi4Vw6bCgMLzX4LdqU1lr2htTWeOoJXn0A1OPyRZ9OCwMqQmlC9kdC345fToblyfnk6IKAIicSdGkDvPjmQKgk7puZGyDlW7e2hFq_JcvR3veE-6g8xXDa6nEDUvuiRa7Qu5OvgahZbLbX5esY0AFHY7pZV540388p2w&__tn__=%2CO%2CP-R] 
with the Department of Transportation and the Civil Aviation Authority of the
Philippines for the turnover of the operations, upgrade and maintenance of the
Bohol-Panglao International Airport. Together with Laguindingan International
Airport, AIC will leverage its expertise and replicate the MCIA's success to
improve and modernize these gateways.

The vision for Philippine airports extends beyond modernization; it's about
creating economic enablers. Imagine this: airports as gateways and ecosystems
that stimulate local economies, generate employment and foster cultural
exchange.

Upcoming projects like the Iloilo, Bacolod-Silay and Puerto Princesa airports
are exciting as they promise to spur socioeconomic progress. AIC Airports will
soon serve millions of passengers annually in three airports, contributing
significant investments to national development — an unparalleled feat for a
local airport operator.

Collaboration between the public and private sectors remains critical to
achieving this vision. Sustainable growth requires bold investments in
infrastructure and a commitment to innovation. By future-proofing our local
aviation sector, we can ensure its readiness to meet rising demand while
maintaining global competitiveness.

Cebu's journey mirrors the country's broader aspirations. The MCIA's
transformation is an inspiring example of how vision and effective partnerships
can yield extraordinary results. It also underscores the potential of airports
to become symbols of progress and pride for local communities.

But the journey doesn't end with Cebu. The Philippines must seize this momentum
to modernize other key airports and prioritize aviation as a national
imperative. As mentioned, investments in airport infrastructure will enhance
connectivity and unlock economic opportunities for all Filipinos.

The time to act is now. Increasing air travel demand and pressing infrastructure
modernization requirements are opportunities we must leverage. By prioritizing
airport development, we can create transformative infrastructure that drives
economic growth, fosters cultural exchange, and connects communities like never
before.

Join us as we build gateways that reflect the aspirations of a nation ready to
take flight, proving that with vision and collaboration, the sky is simply the
limit.

Elevating travel, driving growth

President Ferdinand R. Marcos Jr. has signed into law a measure inspired by the
Private Sector Advisory Council’s (PSAC) recommendation to offer value-added tax
(VAT) refunds to non-resident tourists. This initiative aims to stimulate
tourism spending, promote Filipino craftsmanship, and position the Philippines
as a premier global destination.

The new law allows non-resident tourists to claim VAT refunds for goods worth at
least PHP3,000 purchased from accredited stores, provided these items are taken
out of the country within 60 days. The program is projected to boost tourist
spending by 30%, creating significant opportunities for micro, small, and medium
enterprises (MSMEs) showcasing locally made products.

“This legislation embodies the productive collaboration between the private
sector and the government,” said Sabin Aboitiz, PSAC Lead Convenor and Aboitiz
Group President and CEO. “We commend Congress for swiftly enacting one of PSAC’s
‘Quick Wins’ recommendations for President Marcos. The VAT refund program will
strengthen the Philippines' global competitiveness, drive economic growth, and
generate jobs by encouraging higher spending on local goods and services.”

Bobby Claudio, PSAC Tourism Sector Member and Vice Chairman for International
Relations at the Philippine Retailers Association, emphasized the program’s
potential to uplift local industries. “This initiative not only aligns with
global best practices but also highlights the unique creativity and
entrepreneurial spirit of Filipino artisans. It fosters sustainable growth while
promoting our diverse products to the world.”

The VAT refund measure is part of a series of PSAC-backed reforms aimed at
bolstering the tourism sector. Earlier initiatives include the launch of the
e-Travel system in May, simplifying immigration and customs processes, and the
October rollout of e-Visas for Indian nationals, enabling online visa
applications.

PSAC-Tourism commends President Marcos for approving their recommendations on
VAT Refunds and Hotel Incentives to boost tourism. (File photo from Presidential
Communications Office)Expanding Hotel Supply to Match Regional Competitors 
Complementing the VAT Refund Program is a government initiative to match the
hotel capacity of neighboring countries by offering improved incentives for
tourism-related investments. On November 11, 2024, President Marcos enacted the
CREATE MORE Act, a transformative law incorporating PSAC’s recommendations to
encourage hotel expansions and renovations.

Key reforms include enabling income tax holidays (ITH) to begin when businesses
start generating income and allowing a 50% deduction for reinvestments from
taxable income. PSAC is also advocating for tourism to be classified under Tier
III incentives, granting 6 to 7 years of ITH for hotel development projects.

“Expanding the Philippines' hotel capacity is crucial for attracting more
tourists and ensuring they experience world-class accommodations,” Mrs. Lourdes
Josephine Gotianun-Yap PSAC Tourism Sector Member and Vice Chairperson of
Filinvest Development Corporation explained. “The CREATE MORE Act establishes a
robust foundation for tourism sector growth, ensuring we remain competitive with
our regional peers.”

With the Department of Tourism (DOT) targeting over 445,000 hotel rooms by 2028,
these measures are pivotal to meeting demand while fostering sustainable
economic growth. PSAC continues to collaborate with the DOT, TIEZA, and BOI to
revise the Strategic Investment Priority Plan (SIPP) and drive impactful reforms
that benefit the tourism industry and local communities alike.

PSAC Tourism Lead Lance Gokongwei, representing the Gokongwei Group, expressed
gratitude to President Marcos Jr., Department of Tourism Secretary Christina
Garcia-Frasco, and the members of the Cabinet for their steadfast collaboration.
He highlighted the critical role of public-private partnerships in driving the
growth and ensuring the sustainability of the Philippine tourism sector.

PSAC-Backed VAT Refunds And Hotel Incentives Now A Law

ABOITIZ INFRACAPITAL BAGS BOHOL-PANGLAO INTERNATIONAL AIRPORT CONTRACT. (From
left) CAAP Director-General Capt. Manuel Antonio L. Tamayo, DOTr Secretary Jaime
J. Bautista, Philippine President Ferdinand R. Marcos, Jr., and Aboitiz
InfraCapital President & CEO Cosette V. Canilao. Also present was Aboitiz Group
President Sabin M. Aboitiz.Text Source: Department of Transportation Press Release
[https://www.facebook.com/DOTrPH/posts/pfbid0wU47DubX7hMaCY9wByyeCBb3kEPJc9qn8DkM91Hf6S6h6vtjQ6jUMXX5eWHBwqUFl]

Photo Source: Presidential Communications Office

President Ferdinand Marcos Jr. on Wednesday witnessed the signing of several key
transport deals expected to improve the country’s transportation system,
including Bohol-Panglao International Airport under Aboitiz InfraCapital.

The Chief Executive also witnessed signing of agreements and commitments for the
New Cebu International Container Port (NCICP), Cebu Bus Rapid Transit (Cebu
BRT), modernization of Bohol-Panglao International Airport, as well as the
Agreements for the New Dumaguete and New Siargao airports.

“These projects are not just structures. They are representatives of every
Filipino’s dream of more comfortable travel, better opportunities, and a clearer
path towards their goals and dreams,” Pres. Marcos said.

For his part, Transportation Secretary Jaime J. Bautista stressed the important
role Public-Private Partnerships (PPP) play in fostering innovation and
infrastructure development.

“The signing of the Transaction Advisory Services Agreement for more PPP
projects manifest the Administration’s unwavering commitment in providing
improved transport connectivity across the nation,” Sec. Bautista said.

“This milestone underscores the transformative potential of PPPs in fostering
innovation and driving infrastructure development,” he added.

World Bank IFC Vice President for Cross-Cutting Solutions Emmanuel Nyirinkindi,
on the other hand, expressed the development partner’s commitment to help the
Philippine government achieve sustainable, transformative and inclusive
transport infrastructure for Filipinos.

“Across all our projects here in the Philippines, we are committed to bringing
IFC’s expertise and resources to deliver infrastructure that is transformative
and inclusive, improving the lives of all Filipinos,” VP Nyirinkindi said.

The President witnessed the signing the contract for the construction of the
NCICP, will decongest the existing Cebu Base Port, while improving cargo
handling capacity and reducing logistics cost. The existing Cebu Port will
handle domestic cargo traffic.

Meanwhile, an Expression of Interest was signed by the DOTr to engage the
International Finance Corporation (IFC) of the World Bank Group as a Transaction
Advisor in structuring and bidding out as a Public-Private Partnership (PPP) the
bus supply and operations and maintenance of the Cebu Bus Rapid Transit (Cebu
BRT), a World Bank and Agence Française de Développement (French Development
Agency)-funded infrastructure project.

The 35-kilometer Cebu BRT will have a 17 kilometers of trunk service, 22
stations, 62 bus stops, four terminals, a depot, and 18-kilometers of feeder
services in the north and south of the trunk lines.

Around 116,000 passengers will be serviced by the project during partial
operations, and is expected to reach 164,000 passengers once full operations
start. 

The transport agency likewise signed a concession deal with Aboitiz InfraCapital
for the transfer of operations and management of the Bohol-Panglao International
Airport.

Under a 30-year arrangement, the project involves the expansion of the passenger
terminal building and other airport facilities, installation of required and
modern aviation equipment, development of commercial assets and improvement of
airport services.

Aboitiz InfraCapital President and Chief Executive Officer Cosette Canilao said
the private firm will deliver top-level performance similar to the operations of
the Mactan-Cebu International Airport for a conducive business and tourism
environment in Bohol and ultimately Central Visayas.

> “Bohol-Panglao International Airport represents a significant step forward in
our mission to elevate the Philippines’ aviation infrastructure following
Mactan-Cebu International Airport and Laguindingan International Airport. This
gateway, also known as the Philippines' 'Green Gateway to The World,' highlights
Aboitiz InfraCapital’s dedication to expanding capacity and delivering a
world-class passenger experience while supporting the economic growth of Bohol
and the Central Visayas region by enhancing connectivity and fostering tourism,”
said Cosette V. Canilao, Aboitiz InfraCapital President and Chief Executive
Officer.
Once its modernization is complete, the modernized Bohol-Panglao International
Airport can accommodate 3.9 million passengers and 35,000 air traffic movements
annually.

Regional gateways are also lined up for modernization and further development
after the DOTr entered into an agreement with the WB IFC for the provision of
PPP transaction advisory services for New Dumaguete and New Siargao regional
airports.

The new regional airports are seen to boost tourism in the area and improve
competitiveness of micro and small enterprises.

IP leaders receive a check of PHP5.1 million from Hedcor. In photo from left: VP
for Corporate Services Noreen Vicencio, AVP for O&M Mindanao Cris Fuentecilla,
External Relations Mindanao Manager David Tacder, VP for Operations and
Maintenance Leo Lungay, and Grid Manager Nazareth Tabudlong, along with NCIP
Regional Legal Officer IV Atty. Dexter Precioso.Hedcor, the renewable energy
asset manager of AboitizPower, has turned over PHP5,140,167.01 in royalty shares
to Indigenous Peoples (IP) communities in Bukidnon for 2022-2023. These funds
directly benefit the host communities of Hedcor’s Manolo Fortich 1 and 2
hydroelectric power plants, advancing inclusive growth and sustainable
development.

The royalty shares were distributed to five IP organizations: 

• Santiago Tribal Community (SANTRICO), Inc.: PHP1,401,529.47 
• Impakibel, Apo Man Asilan Tribal Association: PHP1,401,529.47
• Lumikapaw Ka Guihean Tribal Council of Elders: PHP935,578.60
• Guilang-Guilang Apo Datu Nanikunan Association, Inc.: PHP935,578.60
• Buklod Kayantang Tribal Association, Inc.: PHP465,950.87.

These funds will support initiatives identified by the IP communities
themselves, including livelihood assistance, skills training to strengthen
economic resilience, scholarships for Indigenous youth, and elder care programs.
The projects will also help empower women entrepreneurs, preserve traditional
practices, and advance environmental efforts such as reforestation.

Bae Priscilla Cariaga, President of Buklod Kayantang Tribal Association, Inc.,
expressed gratitude for the turnover, "Ang pagtinabangay uban sa Hedcor
nagpalambo sa among komunidad. Ang mga pondo makatabang sa pagpreserba sa among
kultura, pagtubag sa mga kinahanglanon, ug paghimo og mga oportunidad para sa
umaabot nga henerasyon (Working together with Hedcor has developed our
community. The funds help preserve our culture, address our needs, and create
opportunities for future generations)."

Implemented in close coordination with the National Commission on Indigenous
Peoples (NCIP) Region 10, the program ensures that projects align with cultural
preservation and ancestral domain protection. “Through joint efforts, we achieve
meaningful progress for Indigenous Peoples, safeguarding their heritage while
promoting development,” said Atty. Dexter B. Precioso, NCIP Regional Legal
Officer IV.

Hedcor Vice President for Corporate Services Noreen Vicencio noted, “This
turnover is more than just meeting our obligations—it reflects our commitment to
a meaningful partnership. We are privileged to support the initiatives the IP
organizations have chosen to advance their livelihood, education, and cultural
heritage. By working side by side, we help ensure a lasting, positive impact
that strengthens their communities and enriches their future.”

By returning these royalty shares to the communities, Hedcor continues to
advance renewable energy while strengthening communities, protecting cultural
identities, and fostering long-term growth and opportunity.

Aboitiz InfraCapital Economic Estates and Aboitiz Land, Inc., turn over to the
City Permits and Licensing Office of Lipa ten computer sets and five printers as
part of the Aboitiz Group’s commitment to contribute to enhancing the efficiency
and ease of doing business in Lipa.Lipa, Batangas – Aboitiz InfraCapital, in
collaboration with Aboitiz Land, Aboitiz Foundation, and the Anti-Red Tape
Authority (ARTA), recently turned over a PinasBilis eBoss Package to the Lipa
City Permits and Licensing Office. The package, comprising 10 computer sets and
5 printers, is part of the PinasBilis Program, which champions quick,
responsive, and citizen-centric governance.

The PinasBilis program champions the Ease of Doing Business (EODB) Act by
streamlining processes and eliminating bureaucratic inefficiencies. Since its
launch in 2022, PinasBilis has empowered over 150 Ease of Doing Business
champions from more than 20 national government agencies and local government
units (LGUs), equipping them to drive meaningful reform and enhance public
service delivery.

The Aboitiz Group, through Aboitiz InfraCapital, plays a pivotal role in driving
investments and enhancing the ease of doing business in Batangas. Aboitiz
InfraCapital’s flagship Economic Estate, the 1,000-hectare LIMA Estate in
Lipa-Malvar, has become a catalyst for growth, attracting over 180 business
leaders and generating more than 75,000 jobs for Filipinos over the past 26
years. At the heart of this progress is the 70-hectare Biz Hub at LIMA Estate,
the first masterplanned business district in Batangas, which offers a holistic
ecosystem designed to make it easier for local and international locators to
establish and operate their businesses.

LIMA Estate, a 1,000-hectare industrial-anchored development in Batangas, sets
the world-class standard for a thriving business environment. LIMA has been
instrumental in nation-building, facilitating significant business investments
into Batangas, and driving economic growth that strengthens the region’s global
competitiveness.
Biz Hub is poised to welcome a diverse mix of industries, including the rapidly
growing IT-BPM sector, through its commercial lots and premium office spaces
like LIMA Tower One. These developments are reshaping Batangas into a prime
destination for high-value global industries seeking expansion outside Metro
Manila. As Batangas continues to rise as a leading hub for economic growth,
fostering public-private partnerships remains critical to creating a vibrant and
business-friendly environment that drives sustainable progress.

Batangas has experienced remarkable growth, driven in large part by developments
like LIMA Estate, which has attracted over Php 112 billion in Foreign Direct
Investments, contributed USD 2.6 billion in exports in 2023 alone, and generated
75,000 jobs beyond Metro Manila. Building on this success, initiatives like
Project PinasBilis are set to further propel the city’s progress by streamlining
government services and local processes. The synergy between LIMA Estate’s
infrastructure investments and initiatives like PinasBilis will not only attract
more businesses and investments but also enhance the quality of life for
Batangas residents, showcasing a commitment to sustainable economic growth and
nation-building.

As the Philippines continues to strive for economic growth and development,
initiatives like Project PinasBilis are crucial in creating a more efficient and
competitive business environment. By investing in technology, capacity-building,
and world-class infrastructure, the government—in partnership with private
sector players—can unlock the full potential of the country’s economic
productivity and drive sustainable development.

In a resounding affirmation of its excellence in safety and corporate
responsibility, Aboitiz Equity Ventures (AEV) has been honored with the 2nd
KAISA Star Seal Award. This prestigious accolade, awarded by the Taguig Bureau
of Fire Protection (BFP-Taguig City), recognizes organizations that excel in
fire safety and preparedness.
Safety Excellence Honored: The AEV Workplace Management Team receives
prestigious Star Seal award from NCR BFP-Taguig City.During the award ceremony,
Fire Senior Inspector (FSINSP) ALBERTO B EDRADA, Acting Deputy City Fire
Marshal, emphasized the impact of AEV’s Workplace Management Team’s achievement. 
“Your efforts to create a fire-safe environment within your company not only
reflect your dedication to the well-being of your employees and stakeholders but
also set a remarkable standard in corporate responsibility,” he said.

FSINSP ALBERTO B EDRADA, Acting Deputy City Fire Marshal, commends AEV’s
leadership and steadfast dedication to safety as he underscores the significance
of the KAISA Star Seal.The KAISA Star Seal Award highlights AEV’s proactive
approach to safety, its continuous refinement of practices, and its ingrained
culture of care. Moving beyond basic compliance, AEV prioritizes prevention,
readiness, and education, integrating regular fire drills, specialized training,
and advanced fire suppression systems to protect its people and assets. These
initiatives cultivate a collective sense of responsibility among A-People,
creating a benchmark for exceptional corporate safety standards.

This recognition underscores AEV’s broader values in corporate social
responsibility and its pivotal role in advancing sustainable growth. The
organization’s rigorous safety protocols safeguard its team members,
stakeholders, and the wider community, exemplifying operational excellence and
innovative leadership.

As Edrada concluded, “We look forward to seeing Aboitiz continue to thrive as a
model for others to follow in ensuring the safety and well-being of all.”

More than a celebration of exceptional safety practices, AEV’s achievement with
the KAISA Star Seal Award exemplifies the Aboitiz Group’s dedication to
fostering a vigilant and caring culture across its businesses. This milestone
serves as a powerful reminder that prioritizing safety is a cornerstone of
sustainable progress and corporate excellence.

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