Aboitiz InfraCapital delivers swift aid to over 2,700 families hit by Typhoon Kristine
Press Release
October 31, 2024
Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has mobilized its business units in coordination with Aboitiz Foundation, Inc. to provide immediate relief and assistance to about 2,750 families affected by the recent onslaught of Typhoon Kristine.
“Our commitment to supporting the resilience of Filipino communities drives us to act quickly in times of crisis. By mobilizing resources across our business units, we hope to bring immediate relief and begin the path toward recovery for the families affected by Typhoon Kristine,” said Cosette V. Canilao, AIC President and Chief Executive Officer.
Through volunteers, AIC donated relief packs containing essential food items such as canned goods, rice, noodles, crackers, coffee, and bottled water. Each relief pack is suitable for a family of four.
Batangas & Tarlac
With the support of Aboitiz Foundation, AIC Economic Estates, which operates the 940-hectare LIMA Estate in Batangas and the 200-hectare TARI Estate in Tarlac City, has collaborated with AboitizLand and Aboitiz Construction to assemble approximately 1,500 relief packs for its communities. A total of 900 packs will support residents in Lipa City, while 600 packs are designated for Tarlac City.
These were turned over to the Lipa City and Tarlac City local government units (LGUs) on October 29.
A second batch of relief operations, supported by donations from locators of LIMA Estate (the Philippines' largest privately-owned industrial-anchored estate), is planned for later in the week.
Iloilo
AIC has spearheaded similar relief efforts in Iloilo, delivering drinking water and 750 relief packs on October 28 and 29 and committing 500 relief packs more to the Iloilo Province and Iloilo City LGUs.
Typhoon Kristine has been cited as the Philippines’ deadliest storm for 2024 so far, with 116 dead and 109 missing as of October 28. As of the same date, the estimated damage to infrastructure stands at over P1.5 billion, while the estimated damage to agriculture has already exceeded P2.5 billion.
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Aboitiz InfraCapital, Inc. (AIC), the infrastructure business unit of the Aboitiz Group, was granted Original Proponent ...
Read More CAAP grants Aboitiz ‘original proponent status’ for Laguindingan AirportPress Release
Aboitiz InfraCapital, DICT sign MOU for telecommun...
February 8, 2019
Aboitiz InfraCapital, the infrastructure business unit of the Aboitiz Group, is seeking to build, operate, and maintain ...
Read More Aboitiz InfraCapital, DICT sign MOU for telecommunications common towerPress Release
Aboitiz debuts water business at the 2019 IWA conf...
January 22, 2019
Aboitiz InfraCapital, Inc., the fifth leg and newest business venture of the Aboitiz Group, is optimistic on the opportu...
Read More Aboitiz debuts water business at the 2019 IWA conferencePress Release
Aboitiz bullish on regional airport projects
January 8, 2019
Aboitiz InfraCapital, Inc. (AIC), the Aboitiz infrastructure unit, is optimistic that its regional airport projects will...
Read More Aboitiz bullish on regional airport projectsPress Release
Apo Agua holds bulk water supply project construct...
November 26, 2018
Apo Agua Infrastructura, Inc. (Apo Agua), a joint venture company between Aboitiz Equity Ventures, Inc. (AEV) and J.V. A...
Read More Apo Agua holds bulk water supply project construction kick-offPress Release
Aboitiz secures ‘original proponent status’ fo...
September 28, 2018
Aboitiz InfraCapital, Inc. (AIC), the infrastructure business unit of the Aboitiz Group, has been granted “Original Pr...
Read More Aboitiz secures ‘original proponent status’ for new Bohol AirportPress Release
Aboitiz InfraCapital submits unsolicited proposal ...
March 7, 2018
Aboitiz InfraCapital, the infrastructure business unit of the Aboitiz Group, submitted today an unsolicited proposal to ...
Read More Aboitiz InfraCapital submits unsolicited proposal to modernize four regional airportsPress Release
‘Superconsortium’ eyes NAIA transformation int...
February 13, 2018
Share on Facebook Share on Twitter Share on Google+ Share on Linkedin Share on Pinterest Following the submission of its...
Read More ‘Superconsortium’ eyes NAIA transformation into a regional hubPress Release
Aboitiz InfraCapital consolidates water investment...
August 3, 2017
The Aboitiz Group has consolidated all its water investments under its infrastructure unit Aboitiz InfraCapital, Inc., (...
Read More Aboitiz InfraCapital consolidates water investments