John Hay Technohub development extended

Real estate giant Ayala Land Inc. (ALI) has signed a 25-year contract agreement for the lease and continued development of John Hay Technohub in Camp John Hay, Baguio City, according to the state-run Bases Conversion and Development Authority (BCDA).

- By DEXTER BARRO II

In a statement, BCDA President and Chief Executive Officer (CEO) Joshua Bingcang said the agreement signals the trust and confidence of the country’s top corporations in the government.

“This partnership ensures that business continues to thrive smoothly while we build a stronger, brighter future for all,” said Bingcang.

“At BCDA, we are living up to our promise to keep Camp John Hay a place where great things happen,” he added.

John Hay Technohub, also known as Ayala Technohub, is an information technology and business process outsourcing (IT-BPO) campus development spanning a 12-hectare (ha) property.

The buildings of Technohub, which are certified by the Philippine Economic Zone Authority (PEZA), are designed for day-and-night operations and outfitted for multiple data and telecommunications providers.