A UP Technology Innovation campus will soon rise in Dasmariñas, Cavite as part of the University Town of Vista City—an “integrated urban development” project of Vista Land and Lifescapes, Inc. (Vista Land).
This campus is intended to facilitate collaboration and develop partnerships with industries and business enterprises within CALABARZON for the promotion of education, training, and research in innovation.
The idea behind this development was the UP think paper published last March, “Knowledge-based Development and Governance: Challenges and Recommendations to the 2016 Presidential Candidates,” which says that investing in knowledge capital is key to progress and sustaining inclusive growth.
A memorandum of agreement (MOA) signed by the University with Vista Land on June 27 at The Peninsula Manila formally established the partnership that will make this campus a reality.
The signatories were UP President Alfredo Pascual, Vista Land President and CEO Manuel Paolo Villar, Senator Cynthia Villar, and Vista Land Chairman Manuel Villar Jr. UP Vice President for Academic Affairs Gisela Concepcion and UP Vice President for Development Elvira Zamora witnessed the signing of the agreement. UP Diliman College of Engineering Dean Aura C. Matias and Technology Transfer and Business Development Office Director Luis G. Sison were also present during the event.
Pascual said that this UP campus “can give its student-technopreneurs a better shot at bringing discoveries, inventions, and designs to the innovation stage and competing on the bigger world stage.”
“[It] is envisioned to become the birthplace of local tech start-ups that will ensure that the Philippines will remain competitive in today’s global economy,” according to Manuel Villar Jr.
Manuel Paolo Villar added that with the signing of the MOA, “doors [will be] opened to aspiring technopreneurs and big tech industry players alike” and that the country will “[get] closer to making this economically progressive future a reality.”
In the agreement, Vista Land agrees to donate five hectares of land to the University within Vista City’s University Town “for the purpose of establishing, developing, and operating a campus in the area.” Vista Land, meanwhile, will develop the property and construct the buildings and facilities of the campus “at its sole expense.”
Upon completion, the development will be turned over to the University through a deed of donation.
According to Vista Land, Vista City is located in a 1,500-hectare area where Cavite, Laguna, Las Piñas, and Muntinlupa converge. Apart from the University Town, its development components are “Lifestyle Retail, Prime Office Space, Themed Residential Developments, and Leisure.”
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