Open University Malaysia (OUM) will invest some RM500 million to build a new main campus in Cyberjaya mainly for use of its sister company, the International Open College (IOC).

The campus would be built in phases with the RM500 million phase one expected to be completed in five years, OUM President and Vice-Chancellor, Professor Emeritus, Tan Sri Anwar Ali said at a recent media conference to announce the project.

He said the investment would be for the construction of the administrative offices, the IOC and the newly-launched OUM Business School.

OUM will also build hostels for the IOC students.

The campus will be built on a 4ha site in Cyberjaya, next to MEASAT Satellite Systems Sdn Bhd It will initially take in some 1,000 students but upon full completion it will be able to accommodate some 5,000 students

Currently, OUM operates 34 learning centres nationwide with a combined enrolment of close to 150,000 students.

The Open University, which is affiliated with a number of institutions in Yemen, Bahrain, Sri Lanka, Maldives, Vietnam, Mauritius, Somalia, Zambia, Ghana and Hungary, is able to reach over 6,000 international students.

Its location in Cyberjaya, which is part of the Multimedia Super Corridor (MSC), enables the university to tap the excellent infrastructure, advanced global telecommunications and logistics network to provide high quality education.

Cyberjaya is also home to a number of higher learning institutions including the Multimedia University (MMU), Lim Kok Wing University and the Cyberjaya University College of Medical Sciences (CUCMS).

Source : NST Business Times 18 Mar 2014

Previous articleMM2H eyes 70,000 HK retirees
Next articleIOI Prop to gain from MRT2
As one of the premier cyber cities in the region, more than 700 companies, including over 30 multinational corporations, have chosen Cyberjaya as the preferred location to operate their businesses. With the current 16 established property developers vying to invest more than RM20bil in Cyberjaya by 2016, there will be more than 28,000 residential units with an expected population of 100,000 by then. The opening of Cyberjaya's first neighbourhood mall, D'Pulze Shopping Centre and IOI City Mall Putrajaya will serve as a catalyst to boost Cyberjaya to the next growth tier. Coupled with completion of various residential developments, Cyberjaya will see population expansion soon. Other catalysts would involve the upcoming Cyberjaya City Centre, Xiamen University Malaysia Campus, the Maju Expressway extension through Cyberjaya and the Sungai Buloh-Kajang-Putrajaya MRT 2 extension. If you are seeking investment opportunities, Cyberjaya should be in your checklist. Call 016-7737036 for more information.