Techno Hub Project 3

The third project, LHRR is originally with the government.

However, the pace at which the project is moving, can sometimes be too slow for comfort.

We decided to take on a different, alternate site, with the same size although different circumstances.

The template for the LHRR project is for the De Guia Estate, situated in nearby Cavite Province wherein the property cannot be acquired until a new title can be issued by the appropriate government functionary. The existing title is obsolete and has to be re-issued by competent authority. There are no liens nor encumbrances to the title except that the document is outmoded since it is a Spanish title. The original template that will be used as a model for LHRR takes on a senior citizen's habitat model. However, some very slight modifications for the actual LHRR may be in order, the final output will still include a component of the homes dedicated for our senior citizens.

Standards for Foreign Contractors

Advice to Foreign Contractors:

1.  The standards for foreign contractors for the THP I-III undertakings will vary from country to country.

2.  There will be separately drawn contract terms between Cyberpark and foreign entities, suitable to the culture and legal requirements of both the Philippines and the country of origin of the foreign contractor.

3.  In case of dispute, Philippine law will be applied only to a minimum, the provisions of international arbitration shall be invoked.

In brief, there will be least restrictions for the entry of foreign contractors, as long as they will comply with the reglamentary procedures for foreign companies to undertake business in the Philippines, including the acquisition or application for the appropriate visas for their executives, middle level managers and supervisors as well as staff.  On this score, there will be ample capability for the Procuring Entity to provide assistance to the Contractor, if and when it will be requested.