From Malaya Business Insight

AyalaLand Logistics Holdings Corp. (ALLHC) said land development on the expansion of the Cavite Technopark is underway to cater to demand for sites.

Dedicated to locators not registered with the Philippine Economic Zone Authority (PEZA), phase 3 of the Cavite Technopark is targeted by the second quarter of 2023.

Cavite Technopark is ALLHC’s second industrial estate in the South.

Located in the municipality of Naic in Cavite, the Cavite Technopark was initially launched in 2015 with an area of 118 hectares. The estate now boasts a 166-hectare area spanning three phases.

“As the industrial estate develops, we not only pave the way for the rise of more light and medium, non-polluting enterprises, but also continue energizing environments and generating more employment opportunities for Caviteños,” said Patrick Avila, ALLHC Head of Industrial Parks and Real Estate Logistics.

PEZA -registered companies occupy Phase 1, while non-PEZA registered companies are in Phase 2.

More ongoing infrastructure projects are primed to boost Cavite Technopark’s accessibility and connectivity, such as the Cavite-Laguna Expressway (CALAX), the Manila-Cavite Expressway (CAVITEX) extension, the Cavite-Tagaytay-Batangas Expressway (CTBEX), and the Bataan-Cavite Interlink Bridge. Adding to the convenience is its close proximity to international gateways, being approximately 10 minutes away from the Cavite Gateway Terminal and an hour’s drive from the Sangley Airport.

In January 2021, ALLHC broke ground for the second phase of its ALogis Naic ready-built facilities within Cavite Technopark, which will add 16,000 square meters (sq.m.) gross leasable area to the existing 13,000 sq.m.area of the first phase.