U.P.–Ayala Land TechnoHub
|University of the Philippines Diliman
School of Economics
|Location||Quezon City, Philippines|
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. It occupies 20 hectares (49 acres) within the 37.5 hectares (93 acres) of the U.P. North Science and Technology Park.
The entire development was listed as an approved IT Park by the Philippine Economic Zone Authority in February 2009. This status makes export-oriented companies located therein eligible for temporary tax holiday, permanent reduced rate of corporate income tax, and other incentives. 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. 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.
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. 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. 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. 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 2007; they were released without charges.
The first batch of tenants began moving into the technology park in August 2008. 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.
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.
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- Nokia Solutions and Networks
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- National S&T complex to rise, Philippine Headline News
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- Latest UP Diliman Technopark opens, Manila Times
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