Iskandar Malaysia’s EduCity continues to grow
The New York Times has another piece on Malaysia’s Iskandar economic development zone, this time focusing on EduCity@Iskandar. EduCity is the 123 hectare proposed home to at least seven higher education institutions, with professional sports facilities and housing for over 4,000 international students.
Interest from foreign universities has begun to flow in to the fledgling zone. Already the University of Newcastle is setting up a medical school due to open September 2011. The Netherlands Maritime Institute of Technology and the Management Development Institute of Singapore are also due to open campuses at EduCity over the next few years. Raffles Education, a huge private Asia-Pacific education group, has also expressed an interest.
Khairil Anwar Ahmad is the CEO of Education@Iskandar and he hopes the multi-varsity collection will act as a feeder to the new businesses coming to the zone. Although the initial plan was for 12,000 students the actual number could reach 16,000 if the level of interest was any indication, he said. The range of vocational education choices will hopefully match the diversity of business the Malaysian government is aiming to attract to the Iskandar Malaysia development, which is three times the size of Singapore in physical area and seen as a vital component in Malaysia’s Economic Transformation Programme. Total investment in the region has already topped RM63.77 billion (US$20.26 billion).
source & article: New York Times
- Biotech entrepreneurship flourishing in Malaysia
- ‘Wave’ of FDI flows into Malaysia in 2011
- The Economist: good policies creating a strong Penang
- Senai Hi-Tech Park will help transform Malaysia, says PM Najib
- AirAsia in share swap with Malaysia Airlines?
- Japanese M&A activity and FDI grows in Malaysia
- RIM may set up Blackberry procurement center in Penang
- Corporatize sports funding, says Malaysian govt.
- Tune Hotels to take budget hotel model to Australia
- BAE Systems looking for Malaysian aerospace partnerships