2017-05-12
Committed to provide real life education, STI Education Services Group, Inc. (STI ESG) marked the construction of the new STI Academic Center on May 9, 2017 in a groundbreaking ceremony.
Soon-to-rise at P. Celle corner EDSA, Pasay City, the campus will stand on a 3,911-square-meter property and can accommodate up to 8,400 senior high school and college students. The academic center has an earmarked budget of approximately PhP1.2B to be invested in top-of-the-line facilities and equipment.
"For the past years, we have been expanding and improving our facilities to keep up with the demands and challenges of the 21st century. We recognize the significance of creating a conducive learning environment that will empower our students with relevant skills, knowledge, and character in today's world," said STI President and COO Peter K. Fernandez.
Equipped with modern facilities, air-conditioned classrooms with flat screen TVs, student activity centers with internet connection, industry-grade laboratories, and a basketball court to name a few, the academic center is set to open in time for the opening of classes for school year 2018-19.
It will offer senior high school and bachelor's degree programs in Information & Communications Technology, Business & Management, Hospitality Services, Tourism Management, Engineering, and Arts & Sciences.
As part of the company's expansion efforts, STI ESG will build new campuses in Sta. Mesa, Davao, and San Jose del Monte in Bulacan to be operational by June 2018.
Just a month ago, STI broke ground for two academic centers in Lipa and Tanauan. The latter is an academic center with "agripreneurship" (agricultural entrepreneurship) courses including managing quick service and gourmet restaurants in partnership with Tony Tan Caktiong of Jollibee Foods Corporation and Edgar "Injap" Sia II of DoubleDragon Properties Corp. and CityMall Commercial Centers, Inc.
For the past decades, STI has always been at the forefront of improving the quality of education in the country. Two years ahead of the full implementation of K to 12 program in 2016, STI is the largest pioneer of senior high school (SHS) in the country offering Grades 11 and 12.
STI also shifted to an outcome-based education curriculum (OBE) to prepare students and advance their competencies at par with the global community. The OBE is purposefully-designed so that STI students are armed with the necessary skills, knowledge, and qualities required to be successful after they exit the educational system.
"As we continue to grow our reach and improve our campuses nationwide, we are also building stronger foundations in education. From the facilities, to the curriculum, and to the services we provide, we are committed in finding better ways to nurture our students to become competent and responsible members of society," Fernandez added.
The successful operations of campus expansions for the past years led STI to scale up its educational network in the country. The company recently listed PhP5 billion worth of bonds to finance the expansion of its campuses and other general corporate requirements. The bonds were issued in tranches with the first tranche at PhP3 billion in seven-year and 10-year tenors.
