Tan’s Megaworld ventures into the education sector
Tycoon Andrew Tan is venturing into education with a development of primary school in the Visayas in partnership with Lasallian Schools Supervision Services Association Inc.
Tan, through real estate unit Megaworld Corp., is set to put up Newtown School of Excellence within the company’s 30-hectare The Mactan Newtown township development in Cebu.
Megaworld said in a disclosure to the stock exchange Newtown School of Excellence would have two main buildings, including a single-story Kindergarten Building, which is composed of three classrooms, a library, playground and a multipurpose hall.
The five-story Elementary Building is composed of 21 classrooms, audio-visual rooms, computer rooms, music room, home economics room, prayer room, library and learning resource center, auditorium, covered court, physical education instructional room, science laboratories, clinic and a canteen.
Megaworld Cebu Properties Inc. president Noli Hernandez said the school would primarily cater to the children of the township homeowners, particularly those who live in condominium developments.
It will also cater to the children of the expat community and residents of Lapu-Lapu City and nearby towns and cities and the children of those working in nearby businesses and business process outsourcing companies.
“Being inside The Mactan Newtown, the school will also have access to its own beachfront, allowing the institution to conveniently utilize the beach facilities for school activities. With the improvement of the quality of life of the future generation as its primary goal, this school will provide an exceptional educational program through the reputable brand of LASSSAI,” Hernandez said.
The school will initially offer classes for the primary school this new school year.
Megaworld said the curricula in different programs to be offered in Newtown School of Excellence would be technology-based and would be geared towards academic excellence and proficiency.
The school is strategically located near the heritage sites of Mactan Shrine and Lapu-Lapu
Shrine as well as popular hotels and resorts such as Movenpick and Shangri-La Mactan.
As one of Megaworld’s premier township developments outside Metro Manila, The Mactan Newtown is currently being developed into a vibrant mixed-use community comprised of residential condominiums, office towers, hotels, mall and commercial centers and its own beach club and beachfront facilities.
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