Close  

Sy family to build P1-B sports academy in Laguna

The family of taipan Henry Sy is expanding the education footprint of National University through the planned building of a P1-billion world-class sports academy in Calamba, Laguna. The family plans to open the facility by 2018.

Hans Sy, National University chair, told reporters that the board of NU had approved the establishment of the academy, which would serve as a new business. It will be a place where older sports professionals can train the next-generation athletes.

ADVERTISEMENT

Sy said the academy would start with programs for popular sports like basketball, volleyball and tennis.

“We felt that it is something we should go into because we want to support sports development and, at the same time, help older athletes,” Sy said.

FEATURED STORIES

“I’m happy that the board approved it, my siblings approved it, because this is something that we believe can help the country not (only) in terms of sports development, it would be able to help put away drug issues (for the youth),” he added.

He said the facility would be built on a four-hectare property, although Sy said he was keen on buying more land for a larger facility.

“There’ll be two things. One is for the training, and the other one is for the development of professional teams, not necessarily for PBA. It may include foreign professional teams,” Sy said.

Sy said the school had yet to decide on the name of the sports academy but added that NU was open to getting partners in the future.

“This is a sole undertaking of the National University but once this is done, we can go into partnership,” Sy said.

Right now, the school is in the process of finalizing the design of the academy with its architects, Sy said.

“We have foreign consultants. We want to have international standards. In fact, we can invite even NBA teams to come over to hold their training program here,” Sy said.

ADVERTISEMENT

The Sy family in 2008 acquired control of NU, which is located in Manila and is considered among the oldest universities in the country.

Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: academy, Business, economy, Family, Laguna, News, Sports, Sy
For feedback, complaints, or inquiries, contact us.
usa

Neil Young’s New Album ‘Colorado’

October 23, 2019 04:40 AM

newsinfo

Swine fever reaches Pangasinan

October 23, 2019 04:19 AM

newsinfo

In Kidapawan, businesses yet to open after quake

October 23, 2019 04:18 AM



© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.