News

Early this year, Aboitiz Construction started its project for LIMA which is a land development project on a 72.2 hectare land in LIMA Estate in Batangas. Once completed, this will help accommodate new businesses in the area and generate thousands of job opportunities for local communities.

AboitizPower is getting the biggest share at P73 billion, or 48% of the Aboitiz Group’s total capital expenditure, mainly for its pipeline of RE projects. This is a major jump from the previous year’s CAPEX and represents the company’s and the Group’s mission of developing cleaner and more sustainable energy sources for the country.

Top US companies and organizations visited the country during the first Presidential Trade and Investment Mission (PTIM) to the Philippines from March 11-12. Initiated by US President Joseph R. Biden, Jr. and announced during President Ferdinand R. Marcos, Jr.’s 2023 visit to Washington, DC, the mission aims to boost US investment in the country by providing opportunities for U.S. and Philippine business leaders to forge connections, explore collaborations, and share insights. The mission was facilitated by the Private Sector Advisory Council (PSAC).

For the third consecutive year, the Aboitiz Group has been elected as a member of the Board of Trustees of the United Nations Global Compact Network Philippines (GCNP) during its general assembly held last March 5. The Group, represented by Aboitiz Equity Ventures (AEV) Chief Reputation and Sustainability Officer and Aboitiz Foundation President Ana Margarita Hontiveros-Malvar, synergizes with co-members in the private sector to empower the country’s micro, small, and medium enterprises (MSME) towards sustainability-driven growth.

Pilmico Animal Nutrition Corporation (Pilmico) held its annual “Agripost Conference” to celebrate and recognize the top-performing local retailers in various parts of the country. This event also serves as an opportunity to provide product and industry updates to its partners. The event has been taking place since November 2023.

Aboitiz Power Corporation (AP) has entered into a landmark partnership with San Miguel Global Power Holdings Corp. (SMGP) and Meralco PowerGen Corporation (MGen), to launch the country’s first and most expansive integrated liquefied natural gas (LNG) facility in Batangas. The milestone development between three of the country’s top energy companies is expected to add over 2,500 MW of power generation that is cleaner than production using fossil fuels.