New UP building to be named after Henry Sy

Posted at 02/20/14 4:57 PM

MANILA – The University of the Philippines (UP) Professional Schools building at the Bonifacio Global City will be named after business tycoon Henry Sy, according to the official student publication of the UP Diliman College of Mass Communication Tinig ng Plaridel.

The publication said the UP Board of Regents conferred naming rights to Sy, SM Investments Corp. (SMIC) chairman and chief executive, on February 6 to acknowledge the company’s P400-million donation for the building’s construction.

The new building, to be named Henry Sy Sr. Hall, will stand on the 4300-square-meter lot donated by the Bases Conversion Development Authority (BCDA).

The UP board also approved a Memorandum of Agreement (MOA) between UP and SMIC, which guarantees the full turnover of the building to the university.

Among graduate programs that will be offered in the building include the School of Statistics, College of Business Administration, College of Engineering, College of Law, and several other academic units, as well as courses offered by the UP Open University.

A De La Salle University building in Taft Avenue, which was inaugurated in 2012, is also named after Sy.