MACROASIA Corp. on Friday said that it had started construction of a six-story building in Barangay Tambo, Parañaque City, that would house its aviation services operations.
The facility, with a gross floor area of over 8,600 square meters, will merge the administrative, operational and executive offices of the company’s aviation services business units.
MacroAsia said it had invested P400 million for the building construction, which is targeted for completion by March 2027.
The facility is meant to support the firm’s operations at the Ninoy Aquino International Airport and will also have office spaces for third-party leasing.
MacroAsia’s share price fell by 7 centavos to close at P4.58 each on Friday.