House of Investments (HI), the investment holding arm of the Yuchengco Group of Companies (YGC), and Lima Land Inc., a leading developer of industrial and mixed-use estates, announced the formal execution of a Shareholders’ Agreement to develop a premier 184-hectare property in Tarlac.
The partnership focuses on developing the expansive landholding owned by Tarlac Terra Ventures Inc. (TTVI). This collaboration marks a significant milestone in regional urban planning, aiming to transform the Tarlac property into a world-class mixed-use hub that integrates industrial, commercial, and sustainable residential components.
Under the terms of the agreement, the two entities will pool their expertise in investment management and large-scale estate development. House of Investments brings its deep-rooted history in diversified business growth, while Lima Land Inc. contributes its proven track record in creating high-growth economic zones.
The 184-hectare project is strategically located to capitalize on the increasing decentralization of economic activity from Metro Manila toward Northern and Central Luzon. By leveraging Tarlac’s growing infrastructure—including its proximity to major expressways—the development is poised to become a primary engine for job creation and local economic stimulus.
“This partnership represents our commitment to nation-building and creating value through sustainable land use,” said a representative from House of Investments. “By joining forces with Lima Land Inc., we are ensuring that the development of the Tarlac property will adhere to the highest standards of master planning and environmental stewardship.”
Key Development Highlights:
- Mixed-Use Integration: A balanced ecosystem of industrial spaces designed for modern logistics and manufacturing, complemented by commercial centers.
- Sustainability-Driven: The master plan will prioritize green spaces and smart infrastructure to minimize environmental impact.
- Economic Catalyst: Expected to attract significant foreign and domestic investment into Tarlac, fostering a new center for commerce in Central Luzon.
The formalization of this agreement follows a period of rigorous due diligence and master-planning conceptualization. Both parties are now focused on the initial phases of site preparation and infrastructure development.
