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Home / Press Release / ATOMED Cebu Inc. Renews Deal with Aboitiz InfraCapital’s MEZ2 Estate through 2049

ATOMED Cebu Inc. Renews Deal with Aboitiz InfraCapital’s MEZ2 Estate through 2049

Press Release

October 29, 2024

ATOMED Cebu Inc President Hideo Matsubara (centre-front, left) 
and Vice President for Cebu Economic Estate Operations Cyel Auza (centre-front, right)
with the members of management from ATOMED and Aboitiz InfraCapital Economic Estates

Aboitiz InfraCapital Economic Estates proudly announces the renewal of ATOMED Cebu, Inc.'s long-term lease at MEZ2 Estate (Mactan Economic Zone 2) for an additional 25 years, extending their partnership until 2049. This renewed commitment further strengthens ATOMED's presence within the estate and reinforces MEZ2 Estate's position as a premier hub for world-class manufacturing in the Philippines.

Aboitiz InfraCapital Economic Estates are at the forefront of building industrial-anchored developments that serve as strategic locations for global businesses. With estates like MEZ2, we offer locators access to cutting-edge infrastructure, a skilled labor force, and a business-friendly environment—providing them with the ideal conditions to expand their operations in the Philippines and across Asia Pacific.

ATOMED Cebu, Inc., a leading manufacturer of medical disposables and incubators serving the Japanese healthcare market, has been a key locator in MEZ2 Estate since 2003. Initially leasing 17,000 sqm, the company expanded its footprint to over 23,000 sqm in 2013 to accommodate its growing operations. This lease renewal reaffirms ATOMED's confidence in MEZ2 Estate’s strategic advantages, including its prime location, access to skilled talent, and robust support for business growth.

"Our continued partnership with MEZ2 Estate is a testament to the success we’ve achieved here over the past two decades,” said Hideo Matsubara, President of ATOMED Cebu, Inc. “The estate’s excellent infrastructure, skilled local workforce, and strategic location have been instrumental in our ability to effectively serve the global healthcare industry. As we extend our commitment, we are excited about expanding our operations and continuing our contribution to the community.”

ATOMED Cebu’s 23,000 square metre facility in MEZ2 Estate’s Industrial Hub

As part of its future plans at MEZ2 Estate, ATOMED Cebu aims to scale its production capacity by expanding its incubator assembly line, bolstering research and development, and further investing in its workforce. This strategic expansion not only creates new job opportunities but also strengthens ATOMED Cebu’s role as a key player in the global medical manufacturing sector.

Cyel Auza, Vice President for Operations at MEZ2 Estate, highlighted the significance of this partnership: “We are thrilled that ATOMED Cebu has chosen to continue its journey with us. Their success reflects the value we offer to locators through our top-tier facilities, strategic location, and unwavering commitment to fostering innovation in the manufacturing sector. This lease renewal is a testament to our shared vision of growth, and we remain focused on enabling our locators to thrive and contribute to the local and national economy.”

The renewal of ATOMED’s lease underscores Cebu’s growing significance as a manufacturing hub in the Asia Pacific region. With Aboitiz InfraCapital Economic Estates’ continuous efforts to enhance its business ecosystems, MEZ2 Estate remains a critical driver of Cebu’s industrial and economic growth, contributing to job creation and elevating the Philippines' position as a competitive investment destination in the region.

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