MACROASIA Corp., through its subsidiary MacroAsia New Ventures Inc., has launched an agricultural production project in Maragondon, Cavite to improve cost efficiency and supply chain resilience for its inflight kitchens and commissary operations.
In a disclosure on Thursday, MacroAsia said the initiative, formalized through a service agreement with CoGrow Agricultural Services (CoGrow PH), aimed to produce leafy vegetables to directly supply MacroAsia’s three kitchens for its airline catering and food service operations.
The initiative is expected to help reduce procurement costs, minimize exposure to price fluctuations, and lower logistics-related expenses while improving quality control and supply reliability.
“Through this agricultural production project, MacroAsia continues to strengthen its operational efficiency and supply chain resilience while advancing its commitment to sustainable development and inclusive growth,” the company said in a statement.
The farm will utilize a portion of MacroAsia’s property in Maragondon, where its water treatment plant is also located, and is projected to produce up to 100,000 kilograms of leafy vegetables annually, prioritized for internal consumption.
Local farmers will be tapped for the project working alongside CoGrow PH experts. Land preparation is set to begin this month with planting in April and the first harvest anticipated by the end of May 2026.
MacroAsia said the project was part of its broader environmental, social, and governance (ESG) framework and aimed at reducing supply chain-related emissions, promoting sustainable farming practices and providing stable livelihood opportunities for local farmers while demonstrating disciplined capital deployment and responsible land use.
MacroAsia New Ventures, established in September 2025, serves as the group’s vehicle for strategic growth and diversification, pursuing business opportunities across multiple sectors.
CoGrow PH, a social enterprise specializing in sustainable farming, will provide technical expertise and support in implementing the project.
MacroAsia shares on Thursday were unchanged at P4.64 each.