U.P.–Ayala Land TechnoHub

The U.P.–Ayala Land TechnoHub is an information technology hub jointly developed by the University of the Philippines Diliman and property developer Ayala Land. It is located in Commonwealth Avenue, Barangay U.P. Campus, Quezon City. It occupies within the of the U.P. North Science and Technology Park.Business activitiesThe entire development was listed as an approved IT Park by the Philippine Economic Zone Authority in February 2009. This status makes export-oriented companies located therein eligible for temporary tax holiday, permanent reduced rate of corporate income tax, and other incentives. IBM announced in February 2009 that it would open an Innovation Center at the park, its second in Southeast Asia after the one located in Malaysia. Convergys also inaugurated its contact center at TechnoHub in April 2009, along with two others simultaneously opened at Nuvali TechnoHub in Santa Rosa, Laguna and Cebu IT Park in Cebu City.