U.P.–Ayala Land TechnoHub

U.P.–Ayala Land TechnoHub
Established 2006
Location Quezon City, Philippines
Campus Diliman
Website AyalaTBI

The U.P.–Ayala Land TechnoHub is an information technology hub jointly developed by the University of the Philippines Diliman and property developer Ayala Land. It is located in Commonwealth Avenue, Barangay U.P. Campus, Quezon City.[1] It occupies 20 hectares (49 acres) within the 37.5 hectares (93 acres) of the U.P. North Science and Technology Park.[2]

Business activities

The entire development was listed as an approved IT Park by the Philippine Economic Zone Authority in February 2009.[3] This status makes export-oriented companies located therein eligible for temporary tax holiday, permanent reduced rate of corporate income tax, and other incentives.[4] IBM announced in February 2009 that it would open an Innovation Center at the park, its second in Southeast Asia after the one located in Malaysia.[5] Convergys also inaugurated its contact center at TechnoHub in April 2009, along with two others simultaneously opened at Nuvali TechnoHub in Santa Rosa, Laguna and Cebu IT Park in Cebu City.[6]

History

Panorama of the U.P. Ayala Land TechnoHub from the second floor of the Tech Portal Building.

The TechnoHub is the second U.P.-Ayala joint project, the first being the U.P. South Technopark along C.P. Garcia and Katipunan Avenues; it is then followed by collaborations on Katipunan Avenue south of the UP Diliman campus.[7] In October 2006, Ayala Land announced that it would invest P6 billion over the following five to ten years to develop the Commonwealth Avenue property.[8] Quezon City mayor Feliciano Belmonte, Jr. signed an order in December 2006 adjusting the zoning classification of part of UP Diliman so that the project could legally proceed.[9] Critics have charged that the site represents stealth privatization of part of the university and a gateway for private sector "vultures" to establish a foothold in the non-commercial university. Seven U.P. students were arrested for raising protests to this end during the hub's inauguration in November 22 2008 they were released without charges.[10]

The first batch of tenants began moving into the technology park in August 2008.[1] In October 2008, Ayala announced that ten startups would move into the northern technology park, in comparison to the nine already located in its southern counterpart.[7]

In July 2009, Ayala and UP Diliman's opened a third collaboration, the DOST-PEZA Open Technology Business Incubator, at Katipunan Avenue; the new incubator planned to host companies focused on cloud computing and open-source software development.[11]

Company-Occupants

  1. Convergys
  2. HSBC
  3. IBM
  4. Manulife Business Processing Services
  5. POINTWEST
  6. Pediapharma Inc
  7. Pharex Health Corp
  8. Reed Elsevier (Lexis Nexis)
  9. Teletech
  10. Nokia (NetworkLabs)
  11. Affinity Express
  12. Concentrix
  13. UnitedHealth Group
  14. SeaChange International
  15. UMS Group

References

  1. 1 2 New Ayala technology park ready to welcome tenants, GMA News
  2. ↑ PGMA inaugurates UP-Ayala TechnoHub, Positive News Media via Philippine News Agency
  3. ↑ UP Technology Park granted PEZA perks, Manila Bulletin
  4. ↑ Philippine Economic Zone Authority: IT Parks/Centers Archived November 21, 2011, at the Wayback Machine.
  5. ↑ IBM to put up second lab in SEA at UP Technopark, Manila Bulletin
  6. ↑ StarTek to expand maiden Philippine operation, Manila Times
  7. 1 2 Ayala signs 10 startups in UP Technopark, Philippine Daily Inquirer
  8. ↑ Ayala earmarks P6 billion for UP property, Business World
  9. ↑ National S&T complex to rise, Philippine Headline News
  10. ↑ Ayala Land Builds RP's "Silicon Valley", Pinoy Herald
  11. ↑ Latest UP Diliman Technopark opens, Manila Times
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Coordinates: 14°39′26″N 121°03′21″E / 14.657229°N 121.055834°E / 14.657229; 121.055834

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