Ayala Land to build 2 new BPO campuses

i.t. matters
Monday April 17, 2006 | MANILA, PHILIPPINES

Ayala Land to build 2 new BPO campuses

Ayala Land, Inc., the country’s largest real-estate developer, will initially spend P500 million this year to build two business process outsourcing (BPO) campuses in northern Metro Manila and in Canlubang, Laguna.

 

Ma. Victoria E. Añonuevo, vice-president for corporate business group, said growth in the coming years will be fueled by the full-year operations of its BPO offerings and the sustained strength of its traditional office leasing segment.

 

"The Philippines will remain a strong contender as BPO locator as long as we can give highly qualified call center employees. In the BPO campuses, we are going to add educational and training facilities to supply employees and agents. Our aspiration is to be a BPO haven," she told reporters.

In its annual report, Ayala Land said it expects to grow the leasable area in its portfolio over the next five years with some new buildings to be constructed in areas such as Quezon City and Alabang. One such project is a science and technology park scheduled to be built across the University of the Philippines campus in Quezon City envisioned as a university-based catalyst for technological innovation along the lines of the Stanford-based Silicon Valley corridor.

 

In 2005, the company responded to the demand for office space from the BPO sector by adding over 36,000 square meters of BPO-dedicated leasable area to its inventory with the completion of three build-to-suit buildings for specific clients in the Makati Central Business District and in Sta. Rosa, Laguna. These are PeopleSupport Center, Convergys and InfonXX Building. Meanwhile, construction started on a fourth building in the Bonifacio Global City in Taguig for the Hongkong and Shanghai Banking Corp. (HSBC).

 

Ayala Land President Jaime I. Ayala said 2006 will be a busy year because it will make substantial investments to leverage many opportunities with Ayala Land being a major player in each of the key real- estate segments. Ayala Land has two office product lines: traditional office buildings and build-to-suit BPO buildings. -- R.A.M. Rubio

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