Aboitiz Equity Ventures Inc. (AEV), a portfolio manager of the Aboitiz Group and a 40% shareholder in Coca-Cola Europacific Aboitiz Philippines (CCEAP), welcomed the groundbreaking of CCEAP’s state-of-the-art, 42-hectare manufacturing plant at TARI Estate in Tarlac City.
This project underscores AEV’s commitment to shaping the future as the Philippines’ first techglomerate, leveraging its life-essential businesses and technology-driven investments to advance growth, innovation, and community development across the country.
The facility will be one of CCEP’s largest manufacturing sites globally and among its most significant infrastructure investments to date. AEV emphasized that this landmark project will bring substantial benefits to the region and the country—creating hundreds of local jobs, drawing in complementary industries, and contributing to the Philippines’ GDP growth.
“This new development cements our solid partnership with Coca-Cola Europacific Partners. 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,” said Sabin M. Aboitiz, President and CEO of Aboitiz Equity Ventures.
“Coca-Cola is everywhere. It’s the most popular brand in the world, sold in more than 200 countries and enjoyed about 2.2 billion times every single day. The brand appears in over 33 million outlets and claims more than half of the global beverage market,” added Aboitiz.
Gareth McGeown, President and CEO of CCEAP, reinforced Coca-Cola’s continuing commitment to the Philippines, saying, “This investment and expansion of our operations 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. We are eager to continue working hand in hand with TARI Estate, as we support the local government of Tarlac and its people and economy.”
The plant also marks one of the largest single-locator commitments to date for TARI Estate, developed by Aboitiz InfraCapital Economic Estates, another AEV business unit. With Phase 1A of TARI Estate already 90% complete, the estate is positioned as the next frontier for industrial growth north of Metro Manila. Located at the convergence of TPLEX, CLLEX, and SCTEX, it offers connectivity to Clark International Airport, Manila and Subic seaports, and the northern provinces.
Through this development, AEV strengthens its portfolio while contributing to local and national progress—fueling employment, strengthening supply chains, and advancing the Philippines’ economic transformation.
About Aboitiz Equity Ventures
AEV is one of the leading conglomerates in the Philippines with over 100 years of business history. It has major investments in power, banking and financial services, food and beverage, infrastructure, land, and data science and artificial intelligence.
AEV is recognized as one of the best-managed companies in the Philippines and the region, consistently cited for its commitment to good corporate governance and sustainability. Currently, the company is on its Great Transformation journey to become the Philippines’ first Techglomerate as it continues to shape the future by advancing business and communities.
AEV is a member of the United Nations Global Compact, Global Compact Network Philippines Board of Trustees, the APEC Business Advisory Council and the Council for Inclusive Capitalism, and helps champion sustainability initiatives on a regional level through policies, advocacies, and initiatives that contribute to the United Nations Sustainable Development Goals (UN SDGs).
With a clear focus on ESG, the company is implementing its #OneAboitizSustainability Synergy model which transforms its life-essential businesses to improve sustainable practices and continue to create a positive impact on society and the environment.
