Inti College invests in Kuching campus


INTI College Sarawak will invest some RM50mil in a purpose-built permanent campus in Bandar Baru Samariang, Kuching. 

The college's owner, Inti IABS Sdn Bhd, is acquiring 40.4ha at the new township for the project from Projek Bandar Samariang Sdn Bhd, a joint venture between Cahya Mata Sarawak Bhd (CMSB) and the Employees Provident Fund (EPF). 

The sales and purchase agreement for the land was signed in Kuching yesterday. The signatories were Inti College Sarawak chairman Datin Liliah Mohd Salleh and Projek Bandar Samariang director Robert Geneid. 

Datin Liliah Mohd Salleh (second from left) and Inti College director Nobel Pang Paul Gen (right) explaining about the new campus' features to Tan Sri Dr George Chan Hong Nam in Kuching. On the left is Initi College CEO William Tan and behind Chan is Datuk Sulaiman Abdul Rahman Taib.

Sarawak Deputy Chief Minister Tan Sri Dr George Chan Hong Nam and CMSB group chairman Datuk Sri Sulaiman Abdul Rahman Taib witnessed the signing. 

Liliah said the new campus project would be implemented in several phases, with phase one to be completed by mid-2005. Phase one will cater for up to 3,000 students, with on-campus accommodation for 1,000.  

“Phase two will provide additional facilities, including a multi-purpose hall, another academic block and an additional hostel. This will allow the campus to take in up to 5,000 students and accommodate 2,000 staying in. Upon full completion, the new campus will be able to take in 8,000 students, with 3,000 residing in hostels,” she said. 

Liliah said on completion of the expansion project, Inti College Sarawak would be one of top three campuses within the Inti international group of colleges. 

She said Inti College Sarawak started in 1992 with barely 186 students but the population had now grown to 3,260, with almost 10% comprising international students from 16 countries. The college has produced over 6,000 graduates. 

Sulaiman said in his speech that the new campus site was near the new township's lakeside development that would provide a tranquil garden environment. 

He said the new township now had over 13,000 residents, and that its population would increase to between 200,000 and 250,000, when its development was completed in about 30 years. 

 Stock Watch On INTI

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

Myanmar, with US$6b in foreign reserves, is doing utmost to stabilise currency
Thailand approves US$1.64b more support measures
Edra wins bid to build 600MW power plant in Bangladesh
Malaysia's retirement scheme third in Asia
UK reveals US$13.3b of inward investment in green push
Bitcoin pushes toward record before debut of futures-based ETF
Hong Kong's new China futures create bourse history, but lag rival Singapore
Chinese property bonds firm after Kaisa and Sunac make coupon payments
CIDB hopes for funds to boost tech in construction
IOI Corp offers to buy debt notes

Others Also Read