Coca-Cola building in Tarlac City one of its biggest production plants in the world
Beverage giant Coca-Cola is setting up at the Aboitiz group’s Tari industrial estate in Tarlac City, one of its largest production sites in the world—a 42-hectare development that is seen to generate hundreds of local jobs and support economic growth.
Executives from Coca-Cola Europacific Aboitiz Philippines (CCEAP), Aboitiz Equity Ventures (AEV) and Aboitiz InfraCapital Economic Estates led the groundbreaking for the new plant.
“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,” says Sabin Aboitiz, AEV president and CEO.
“It signals to the market that Central Luzon is ready—ready to lead the next wave of industrial growth in the Philippines,” he adds.
AEV, which aspires to be the Philippines’ first “techglomerate”, owns 40 percent of CCEAP.
The group aims to leverage “life-essential” businesses and technology-driven investments to advance growth, innovation and community development across the country.
The conglomerate expects the landmark project to bring substantial benefits not just to Central Luzon region but to the entire country—creating hundreds of local jobs, drawing in complementary industries and contributing to economic growth.
“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,” notes Aboitiz.
Gareth McGeown, president and CEO of CCEAP, affirms Coca-Cola’s commitment to the Philippines.
“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,” McGeown says.
“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.
The group is positioning Tari Estate, whose phase 1A of development is already 90 percent complete, as the next frontier for industrial growth north of Metro Manila. Located at the convergence of TPLEx, CLLEx and SCTEx tollways, the estate offers connectivity to Clark International Airport, Manila and Subic seaports, as well as the northern provinces.
