Makati City, Philippines – A-FLOW Properties I Corp. (A-FLOW), a joint venture
between Ayala Land, Inc. (ALI) subsidiary AyalaLand Logistics Holdings Corp. (ALLHC)
and FLOW Digital Infrastructure, and Land Bank of the Philippines (LANDBANK)
announced the signing of a P2.4 billion loan agreement representing Tranche 1 of a
P10.8 billion 10-year loan. The signing of the loan facility agreement underscores the
mutual commitment to advancing the nation’s digital infrastructure and supporting the
Philippines’ transition towards a more digitally integrated economy.
The loan facility is intended for the development of the initial phase of the first A-FLOW
data center campus located in Biñan, Laguna. Currently under construction, the 6MW-IT
capacity Phase 1A of the three-building data center campus project is targeted to be
ready-for-service by the end of the year.
A-FLOW President Amandine Wang said, “This agreement marks a significant step
forward in our shared commitment to develop the largest carrier-neutral data center
campus in the Philippines. We are excited to build an ecosystem to attract a
combination of international hyperscale customers and local enterprise customers.”
LANDBANK President and CEO Lynette V. Ortiz emphasized the importance of
collaborating with key stakeholders, “We recognize that partnering with key players like
A-FLOW is essential for advancing national development. And in this era of rapid
digitalization, we are likewise ready to drive investments into the local data center
market, along with other sectors contributing to our nation’s technological progress,” she
said. Ortiz further commented, “This is the first data center project financed by
LANDBANK, and with this new partnership, we are confident that this project will yield
significant economic benefits.”
For ALI President and CEO and ALLHC Chairman Anna Ma. Margarita B. Dy, digital
transformation, cloud computing, and the rise of artificial intelligence are technologies
that require robust and scalable data center solutions. “Ayala Land is proud to be
participating in this new opportunity leveraging our land and our capabilities to
contribute to the country’s move towards a digital economy,” Dy said. “Like any other
infrastructure project, capital is key. So, we thank LANDBANK for the P10.8 billion loan
facility to A-FLOW, a critical enabler for this project,” she added.
A-FLOW’s partnership with LANDBANK enables both companies to capitalize on each
other’s strengths, marking a shared vision of fostering innovation and sustainable
growth. This milestone collaboration underscores the importance of public-private
partnerships in serving the country and achieving the nation’s development goals.
***
About A-FLOW
A-FLOW is a joint venture between FLOW Digital Infrastructure (“FLOW”), an investor, developer, and operator of digital infrastructure in Asia Pacific, and AyalaLand Logistics Holdings Corp. (“ALLHC”), the largest developer of industrial parks and real estate logistics facilities in the Philippines. A-FLOW’s first data center is strategically located in Laguna, accommodating a total of 36MW IT load capacity. With the launch of A-FLOW, the partnership supports the digital growth and expansion of businesses in the Philippines, leveraging FLOW's deep data center expertise and ALLHC’s established record in industrial real estate development.
About LANDBANK
LANDBANK is the largest development financial institution in the country promoting financial inclusion and digital transformation to advance national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive services to empower Filipinos towards a better future of inclusive and sustainable development from countryside to countrywide.
