LOGISTICS firms Prestige Warehousing and Logistics (PWL) and JBY Equipment & Impex Logistics, Inc. have signed contracts with Aboitiz InfraCapital Economic Estate to locate in its West Cebu Estate in Balamban, Cebu.

The West Cebu Estate is a 540-hectare mixed-use development that hosts locators from medium to heavy industries.

“Choosing West Cebu Estate was a strategic decision,” PWL President Merlina Cayanong said in a statement on Monday. “The thriving shipbuilding industry and the escalating demand for industrial spaces perfectly align with our vision.”

She said that by being situated in West Cebu Estate, the company both accesses the market and becomes a crucial support system for manufacturing companies in need of logistics services.

This expansion will cover 2.1 hectares of West Cebu Estate and will be completed by the end of 2024 for road networks and utilities, the company said.

Aboitiz InfraCapital Economic Estates said the construction is nearing its final stages.

Meanwhile, the 3.3-hectare West Cebu Estate central business district, within the 540-hectare PEZA-registered economic estate, is expected to launch in 2025.

This is set to host commercial lots for sale, food outlets, retail shops, essential services, a supermarket, and a transportation hub. — Aubrey Rose A. Inosante

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