Friday, January 30, 2015

Ayala breaks ground on Alviera Industrial Park

Ayala Land, Inc. (ALI) held groundbreaking ceremonies for the Alviera Industrial Park in Porac, Pampanga on Tuesday, January 27. 

Spanning 31 hectares, the industrial park is listed as a Special Economic Zone under the Philippine Economic Zone Authority (PEZA), enabling it to grant its locators special tax breaks and other economic incentives. It is designed to provide three clusters of ready-built factory buildings, in addition to 16 lots measuring 1 to 1.4 hectares each.

The park functions as a component of the larger, up-and-coming township of Alviera, the developer's first masterplanned estate in Central Luzon. At 1,125 hectares, Alviera consists of several sectors, among them residential, retail, recreational, business and industrial. The township is also set to have its own university zone, as well as a country club.

ALI estimates that the project can generate up to 5,000 new jobs as it launches its first phase of development. The entire project costs P1.68 billion, and development is scheduled for the next 20 years.

Leading the groundbreaking at the site, Pampanga Governor Lilia Pineda stated that Alviera stood as "a manifestation that the Province of Pampanga is really ready for further development."

Meanwhile, mayor of Porac Condralito Dela Cruz expressed his optimism for the project, saying that local businesses that export their products have already taken an interest in the location.

"The industrial park will offer locators the opportunity to purchase, and not just lease, industrial lots. Standard factory buildings (SFBs) will also be available for lease," Dela Cruz stated.

"We hope to attract international manufacturers in light industries as well, perhaps from Korea and Taiwan," the mayor said.

Alviera is a joint project between Ayala Land and Leonio Land. Accessible by major highways and within proximity to the Clark International Airport and the Subic International Freeport, Alviera is expected to be the next growth center in its region.

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