| Development Name: | Lima Technology Center |
| Location: | Lipa and Malvar, Batangas, Philippines |
| Developer: | Aboitiz Group |
| Operator: | Lima Land |
| Owner: | Lima Land |
| Pushpin Map: | Luzon#Philippines |
| Coordinates: | 14.0142°N 121.1749°W |
| Subdivision Name: | Philippines |
| Area Total Ha: | 794 |
The Lima Technology Center (stylized as LIMA Technology Center) is a mixed-use development spanning portions of Lipa and Malvar in Batangas, Philippines. It is recognized as a special economic zone.
The Lima Technology Center is a development by Lima Land, Inc. (LLI), a 60-40 joint venture of local firm Alsons Land Inc. and Japanese company Marubeni[1] The Alcantara Group originally had the majority stakes in Alsons Land.[2] "Lima" in its name was derived from the first syllables of Lipa and Malvar, the location of the center.[3]
The Aboitiz Group through its subsidiary Aboitiz Land started acquiring LLI in the early 2010s. In 2013, it bought out the Alcantara Group's majority stakes in LLI.[2] At that time the area covers around 200ha.[4] The following year, it bought the remaining stakes owned by Marubeni making Aboitiz the full owner of LLI.[1]
Under the Aboitiz Group, the Lima Technology Center was further expanded, covering an area of more than 700ha by 2020.[4] In 2019, Abotiz launched the first residential development within the Lima Technology Center, "The Villages at Lipa".[5] By 2021, the group has rebranded the commercial zone of the development as a central business district.[4]
The Lima Technology Center is primarily an industrial park and is a registered special economic zone with the Philippine Economic Zone Authority. After the Aboitiz Group acquired the development in the 2010s, the area became a mixed-used development. As of 2021 it covers an area of 794ha.[6] The Aboitiz Group manages the development as one of its Aboitiz Integrated Economic Centers.[7]
The Lima Technology Center contains the Lima Estate.[8] The Lima Technology Center has a commercial area which Aboitiz considers as a central business district (CBD). The CBD covering an area of around 30ha, hosts The Outlets at Lipa, Lima Exchange, Lima Park Hotel, as well as the Lima Transport Hub [9]
As of 2020, the Lima Technology Center has 124 locators, consisting of both local and foreign firms, employing around 55,000 workers.[8]
The Lima Technology Center hosts the Aboitiz Pitch, a football venue which has held matches of the Philippines Football League.[10]