BCDA-UP MOA sets tone for new UP satellite campus at Bonifacio Global City
Posted: July 20, 2011 | Category: Investment And Projects
The Bases Conversion and Development Authority (BCDA) and the University of the Philippines (UP) signed last July 19, 2011 a memorandum of agreement (MOA) signaling the creation of a new U.P. satellite campus at the Bonifacio Global City (BGC) in Taguig City, Metro Manila.
BCDA President and Chief Executive Officer Arnel Casanova and UP President Alfredo Pascual signed the MOA with deed of conveyenace in simple rites held at the UP’s Board of Regents Room, Administration Building in Diliman, Quezon City. Witnessing the event were Senator Franklin Drilon and BCDA Chairman Felicito Payumo.
“The accord paves the way for the construction of a UP post-graduate school on a 4,300-square meter lot donated by the BCDA located beside the International School Manila at the BGC’s Institutional Area and near Market! Market! Mall,” Casanova said.
To be called the UP Professional Schools, the facility will cater mainly to post graduate courses of the College of Law, College of Business Adminstration, School of Statistics, College of Engineering, the Open University, and other continuing education courses and seminars.
Senator Franklin Drilon facilitated the donation of the lot to UP. Sen. Drilon will also put up P100 million from his pork barrel to initially fund the building which is set to cost some P400 million. UP Vice President for Development Elvira Zamora said construction of the building is expected to start before the end of the year.
Casanova said the BCDA is committed to supporting the UP “as our investment in building our nation through public education.”
“With UP’s inextinguishable passion for wisdom, uncompromising values, and unyielding principles, we find it fitting to contribute to the building of the foundation of this esteemed institution for upon it the future of our country lies,” Casanova said in remarks delivered highlighting the signing ceremony.
For his part, UP President Pascual expressed deep gratitude for the BCDA’s generous gesture, saying the lot “will grow by leaps and bounds, not in terms of land area but of dreams fulfilled and a bright future for our youth.”
“As we all know, location or accessibility is a primary consideration in choosing a school. With the construction of a satellite UP campus at BGC, our students south of Manila are assured of UP education closer to home, and relieved of the transport woes that usually accompany long distance travels,” Pascual stressed.
The establishment of the UP presence in BGC is part of the ten-point agenda which the UP Board of Regents approved at the start of UP President Emerlinda Roman’s term. Since then, the UP Administration has been looking around for a location for the offering of courses that would cater to the students who work/live in the Makati and Taguig areas.
UP will be joining BGC’s growing family of institutional entities that already includes the International School Manila, British School Manila, the Manila Japanese School, Manila Gospel-New Life Christian Academy, and the Every Nation Leadership Institute (formerly Victory Leadership).