Known for their Cebuano heritage, entrepreneurial spirit, and philanthropy, the Aboitiz family has built a legacy of businesses across various industries. Today, the Aboitiz Group is undergoing a transformative journey to become the Philippines’ first techglomerate. As part of this evolution, the traditionally brick-and-mortar industry of real estate, a sector where the Group has built a strong foundation, is poised for significant change and disruption.
In the heart of Cebu City, where the sun kisses the sea and dreams take root, Aboitiz Land’s story unfolds. What began as a modest operation in a 20-square-meter room has blossomed into a leading real estate developer, deeply intertwined with the city’s growth and transformation. The Aboitiz family’s journey in real estate started in the 1980s with the acquisition of land holdings in Cebu.
Recognizing the immense potential of real estate, Roberto “Bobby” Aboitiz spearheaded the formal establishment of ACOLand in 1994. A pivotal moment arrived with the establishment of the West Cebu Industrial Park (WCIP) in Balamban. This 274-hectare development, designed to accommodate medium to heavy industries, transformed the local landscape and economy.
The park’s success, particularly with the establishment of Tsuneishi Heavy Industries (Cebu), Inc. (THICI), a joint venture with Tsuneishi, propelled Cebu into the global shipbuilding arena. By creating thousands of jobs and stimulating local businesses, WCIP significantly c.
