Posted on April 01, 2015 09:15:00 PM [ BusinessWorld Online ]
By Daphne J. Magturo, Reporter
THE EDUCATION ARM of conglomerate Ayala Corp. on Wednesday said it will open 11 new branches of its low-cost, private secondary schools nationwide within the year.
In a statement, Ayala Education, Inc. said the new Affordable Private Education Center schools will be located in the cities of Manila, Marikina, Pasay, Parañaque, Muntinlupa, as well as the municipality of Pateros and in the provinces of Cavite and Rizal.
The brand, a joint venture between Ayala Corp. and UK-based Pearson, initially rolled out the first 12 private high schools in Metro Manila for School Year 2014-2015, serving more than 1,300 students.
The new branches will bring the network to 23 branches that will serve over 4,000 students this coming school year.
“Our country’s greatest resource is our people. We would like to provide quality, affordable education for as many Filipinos as possible and help transform thousands of lives,” Ayala Education Chief Executive Officer Alfredo I. Ayala was quoted in the statement as saying.
The Ayala group’s foray into education is part of the conglomerate’s massive transformation in recent years that saw it enter businesses offering services to a larger part of the population, paving the way for investments in water, telecommunications, power and infrastructure.