The U.P.–Ayala Land TechnoHub is an information technology hub jointly developed by the

University of the Philippines Diliman , image = University of The Philippines seal.svg , image_size = 175px , caption = Official Logo of UP Diliman , motto = Honor and Excellence , established = February 12, 194 ...

and property developer Ayala Land. It is located in Commonwealth Avenue, Barangay U.P. Campus,

Quezon City Quezon City (, ; fil, Lungsod Quezon ), also known as the City of Quezon and Q.C. (read in Filipino as Kyusi), is the List of cities in the Philippines, most populous city in the Philippines. According to the 2020 census, it has a populatio ...

.New Ayala technology park ready to welcome tenants
GMA News It occupies within the of the U.P. North Science and Technology Park.

Business activities

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 A corporate tax, also called corporation tax or company tax, is a direct tax imposed on the income or capital of corporations or analogous legal entities. Many countries impose such taxes at the national level, and a similar tax may be imposed at ...

, and other incentives. IBM announced in February 2009 that it would open an Innovation Center at the park, its second in

Southeast Asia Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical United Nations geoscheme for Asia#South-eastern Asia, south-eastern region of Asia, consistin ...

after the one located in

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

Convergys Convergys Corporation was a corporation based in Cincinnati, Ohio, that sold customer management and information management products, primarily to large corporations. Customer management products included agent assisted, self-service and care sof ...

also inaugurated its contact center at TechnoHub in April 2009, along with two others simultaneously opened at Nuvali TechnoHub in

Santa Rosa, Laguna Santa Rosa, officially the City of Santa Rosa ( fil, Lungsod ng Santa Rosa), is a 1st class Cities of the Philippines#Legal classification, component city in the Provinces of the Philippines, province of Laguna (province), Laguna, Philippines. ...

and Cebu IT Park in

Cebu City Cebu City, officially the City of Cebu ( ceb, Dakbayan sa Sugbo; fil, Lungsod ng Cebu; hil, Dakbanwa sang Sugbo), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Central Visayas Regions of the P ...

History

The land where the TechnoHub now stands is owned by the

. Sometime in October 2006, the land was leased to Ayala Land by the state university so an information technology hub could be developed. In that month, Ayala Land announced that it would invest P6 billion over the following five to ten years to develop the Commonwealth Avenue property. Then-Quezon City mayor

Feliciano Belmonte, Jr. Fernando Feliciano "Sonny" Racimo Belmonte Jr., KGCR (born October 2, 1936) is a Filipino politician who served as a member of the Philippine House of Representatives for the Fourth District of Quezon City from 1992 to 2001 and from 2010 to 2019 ...

signed an order in December 2006 adjusting the

zoning Zoning is a method of urban planning in which a municipality or other tier of government divides land into areas called zones, each of which has a set of regulations for new development that differs from other zones. Zones may be defined for a si ...

classification of part of UP Diliman so that the project could legally proceed. The TechnoHub is the second U.P.-Ayala joint project, the first being the U.P. South Technopark along C.P. Garcia and

Katipunan Avenue Katipunan Avenue ( fil, Abenida Katipunan) is a major avenue in Quezon City, Metro Manila, Philippines. It runs in a north–south direction from the University of the Philippines Diliman, intersecting with Tandang Sora Avenue at its northernmost ...

s; it is then followed by collaborations on

south of the UP Diliman campus.Ayala signs 10 startups in UP Technopark
, Philippine Daily Inquirer 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 on November 22, 2008 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 Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture ca ...

, at

; the new incubator planned to host companies focused on

cloud computing Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mul ...

and

open-source software development Open-source software development (OSSD) is the process by which open-source software, or similar software whose source code is publicly available, is developed by an open-source software project. These are software products available with its sourc ...

. In 2014, the Quezon City local government planned to auction off the TechnoHub property due to the University of the Philippines alleged failure to pay it P117 million worth of real estate tax. While under the law, educational institutions are exempt from paying real estate tax, the Quezon City Treasury interprets that the property became taxable the moment the university leased it to a private firm. The auction was called off by the Supreme Court through a temporary restraining order.

References

External links

AyalaTBI official website
{{DEFAULTSORT:U.P.-Ayala Land TechnoHub Science parks in Metro Manila Business incubators of the Philippines University of the Philippines Diliman Quezon City