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Manila Bulletin devider Business devider Trade & Industry devider Ayala Land secures 25-year lease for John Hay Technohub development

Ayala Land secures 25-year lease for John Hay Technohub development

Published May 27, 2025 12:39 pm  |  Updated May 27, 2025 01:02 pm
John Hay Technohub in Camp John Hay in Baguio City (BCDA photo)
John Hay Technohub in Camp John Hay in Baguio City (BCDA photo)

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

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.

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

The buildings of the 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.

Under the new agreement, ALI will continue to manage the facility that fosters IT-BPO firms and retail establishments.

This continuity would ensure stability for existing businesses, while paving the way for broader economic gains.

The BCDA said the renewed partnership with ALI is projected to generate an estimated ₱600 million in government revenues.

Apart from fiscal benefits, stability in the Technohub will enable more employment opportunities for the local community, as the facility currently employs 3,000 workers.

Since recovering Camp John Hay in January, the BCDA has made over ₱1.4 billion in investments from new commercial and residential lease agreements.

South Korean investment interest

In a related development, BCDA said two South Korean companies have shown interest in developing projects in New Clark City in Tarlac and Poro Point in La Union.

Bingcang recently met with the Korean engineering and consulting firm Moon Engineering Co. Ltd. to discuss conducting a feasibility study on upgrading the San Fernando Airport in the Poro Point Freeport Zone.

The firm aims to improve the airport's limited operational capacity, enabling it to accommodate more commercial flights.

Bingcang likewise met with Jin Systems Co. Ltd. for a potential collaboration on smart mobility solutions in New Clark City, as part of their proposed smart city demonstration project.

Leveraging its smart city solutions, Jin Systems aims to integrate green and efficient mass transport systems in the growing metropolis north of Metro Manila.

"We are thrilled to collaborate with South Korean firms, as they are recognized as leaders in infrastructure and smart city development,” said Bingcang.

“These potential partnerships will play a pivotal role in advancing infrastructure and integrating cutting-edge technologies in New Clark City and Poro Point," he added.

Bingcang said these initial meetings with the two companies will set the stage for future collaborations, driving innovation and investments in the country.

Related Tags

Ayala Land Inc. Bases Conversion and Development Authority (BCDA) Camp John Hay Camp John Hay Technohub
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