Friday, March 26, 2010

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UniKL in venture to build China campus
By Sharen Kaur
Published: 2010/03/26

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Universiti Kuala Lumpur (UniKL), a private technical university owned by Majlis Amanah Rakyat (Mara), has teamed up with the Chinese government to set up a campus in Luoyang, China for some RM750 million.

The campus, which will operate by early 2012, will offer space science and other technical courses in English. It will be linked to UniKL's university partners in Europe, Australia and New Zealand.

Master Malaysia Global Sdn Bhd managing director Rosmawati Sayuti said the joint-venture company, which is being set up, will build the campus in two phases starting this year.

The first phase is to construct the campus and install it with lab equipment. The next phase is to expand the campus to accommodate some 4,000 students.

China's provincial government of Luoyang has allocated 424ha of land for the project.
"It will be a premier education centre for Chinese and Malaysian students looking to further their studies in the technical and non-technical fields that China has to offer," Rosmawati said.

Master Malaysia Global, which will have a controlling stake in the joint venture, will provide the funding for the project.

"Several Chinese and local investors have approached us for interest in Master Malaysia Global. We are in talks and we will use our shareholders' fund and borrowings for the project," Rosmawati said.

Master Malaysia Global's focus in China is long term and it aims to set up a few campuses in the region collaborating with open universities and its partners, Rosmawati said.

"Our aim and objective is to promote Malaysian-made products and services in China and one of the growth sectors is education," she said.

Rosmawati was speaking after signing a memorandum of understanding between UniKL and the Yanshi city government at Balai Berita in Kuala Lumpur yesterday. The latter was represented by its mayor Shang Yangzhao. Also present was UniKL president/CEO Prof Datuk Dr Abdul Hakim Juri.

Shang, who is here on a five-day working trip, said the potential to offer courses in English in China is huge.

"We believe that education can and will play a role in making China's development sustainable and in managing the country's globalisation," Shang said.

He said the entry of UniKL in China will help the country become a space science education hub.

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