ISKANDAR Investment Bhd (IIB), the catalytic developer of Iskandar
Malaysia in Johor, said it will initiate talks soon with foreign
business and law school operators to set up shop in EduCity, the 120ha
education enclave in Nusajaya.
Managing director Arlida Ariff said there are signs that the economy is
recovering and now would be the best time to start talks with players
in the education sector to keep EduCity vibrant.
So far, the
UK's Newcastle University of Medicine (NuMed) has agreed to set up a
branch campus worth US$100 million (RM347 million) in EduCity.
The NuMed campus, the first outside the UK, will start construction soon and open in 2011.
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