The new facility will be constructed adjacent to Asia Brewery’s existing manufacturing complex in Cabuyao.
The issue includes a fresh issue of ₹1,785 crore and an offer for sale of ₹250 crore by existing shareholders.
Represented by the Secretary to the State Government (SSG), AbdulKadir Muazu, he said the project aims to transform livestock production, close infrastructure gaps, and create sustainable jobs.
The partnership is expected to unlock digital, mobile-based loans that will enable smallholder producers to purchase modern dairy equipment, improve livestock management, and grow their farm enterprises.
Industry lobbies criticize capacity to finish imported cheese, raising labeling concerns.