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Manila Bulletin devider Business devider The Stock Market devider MacroAsia invests ₱400 million in new aviation services HQ

MacroAsia invests ₱400 million in new aviation services HQ

Published Jan 16, 2026 12:34 pm  |  Updated Jan 16, 2026 01:26 pm

Lucio Tan Group’s (LTG) MacroAsia Corp. (MAC) reported that its majority-owned subsidiary, MacroAsia Airport Services Corp. (MASCORP), is investing ₱400 million to build a new six-story headquarters dedicated to its aviation services operations.

Once operational, the facility will enhance support for MASCORP’s operations at main gateway Ninoy Aquino International Airport (NAIA) and will offer office space for third-party leasing, providing potential long-term revenue opportunities.

In a disclosure to the Philippine Stock Exchange (PSE), the firm said the new facility will rise on a MASCORP-owned property along Sunrise Street, Barangay Tambo, Parañaque City.

With a total gross floor area (GFA) of more than 8,600 square meters (sqm), the headquarters is designed to consolidate the administrative, operational, and executive offices of MAC’s aviation services business units.

It will also house MacroAsia Group’s shared services center that is being developed, creating a centralized hub for group-wide support functions.

The project cost of ₱400 million will be funded through a bank financing facility with Security Bank Corp. Construction started on Friday, Jan. 16, and is targeted for completion by March 2027.

Last year, MAC said its catering subsidiary, MacroAsia SATS Food Industries Corp. (MSFI), is investing ₱1.2 billion to double the capacity of its cold storage and commissary to 90,000 meals.

The firm said it has started construction of its cold storage and commissary expansion project, a major initiative aimed at strengthening the company’s food production capabilities in response to growing market demand.

MSFI, a joint venture (JV) between MAC (67 percent) and SATS Ltd. of Singapore (33 percent), will expand its existing facility in Sucat, Muntinlupa City, by approximately 11,000 sqm, featuring modern cold storage and commissary systems.

Upon completion, the upgraded facility will double MSFI’s meal production capacity to 90,000 meals per day, enhancing its ability to serve institutional clients.

The expansion is expected to be completed within 18 months, or by February 2027, aligning with MSFI’s strategic focus on operational scalability, enhanced food safety, and service efficiency. — James A. Loyola

Related Tags

MacroAsia Corporation MacroAsia Airport Services Corporation
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