The Proposed Villanueva S&T Park will champion industry partnerships, training, and faculty immersions, among others.

Usufruct with PHIVIDEC

The Philippine Veterans Investment Development Corporation (PHIVIDEC) Industrial Authority Board has approved the Usufruct Agreement between the University of Science and Technology of Southern Philippines (USTP) for a period of 25 years.

The agreement pertains to the allocation of a site inside the PHIVIDEC Industrial Estate in Villanueva, Misamis Oriental for USTP Villanueva.

The agreement was approved last February 4, 2021, during the PHIVIDEC Industrial Authority Board Meeting with PHIVIDEC Administrator Jose Gabriel “Pompee” M. La Viña.

USTP will establish a 5-hectare campus inside the PHIVIDEC Industrial Estate that will complement the locator industries in the PHIVIDEC Economic Zone.