Conglomerate Alliance Global Group Inc. (AGI) of tycoon Andrew Tan is setting aside P62 billion in capital expenditures this year to fund the group's next phase of growth, according to a report by Philstar Biz.
The capital outlay will support expansion across AGI's diverse business portfolio, which includes real estate developer Megaworld, spirits brand Emperador, and fast-food chain McDonald's Philippines. The company has been pursuing aggressive growth strategies in recent years, leveraging its strong financial position to invest in both domestic and international operations.
AGI's 2026 capital expenditure plan comes amid a generally optimistic outlook for the Philippine economy, with the conglomerate betting on sustained consumer demand and the recovery of tourism-related businesses. The allocation is expected to be deployed across property development, manufacturing, and infrastructure projects.