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