17 December, 2018

El Sewedy Education's university project in Egypt's new capital to be developed in five phases

The project is expected to cost a total of $389.83 million

Image used for illustrative purpose. Construction workers looking at blueprint on construction site.

Image used for illustrative purpose. Construction workers looking at blueprint on construction site.

Getty Images

17 December 2018
El Sewedy Education's newly launched seven billion Egyptian pounds ($389.83 million) university project, located in Egypt's New Administrative Capital, would be developed in five phases over a period of 10 years, the company Chairman said.

'Knowledge Hub - International University Institution of Egypt' was formally launched last week with the signing of an agreement with UK's Coventry University for opening its branch within the development.

Ahmed Elsewedy told Thomson Reuters Projects that the first phase of Knowledge Hub would utilise 27,000 square metres out of the 50 acres earmarked for the project.

"The first phase is already under construction since September 2018 and is scheduled to receive its first batch of pupils by September 2019," he said, adding that the university would be able to accommodate 1,500-2,000 students when it is completed by 2028.

The project has been designed by US-based architecture firm Gensler.

John Latham, Vice-Chancellor and CEO of Coventry University, told Thomson Reuters Projects that the new branch would be its first in Egypt and the third in the Arab world after the UAE and Oman.

El Sewedy had said in last week's press statement on the Coventry University agreement that the Knowledge Hub project aims to fulfil Egypt's vision for 2030 by enhancing the quality of higher education.

The statement said 18,000 students in Egypt are studying on UK university programmes. It also noted that in January 2018, the International Branch Campus (IBC) agreement was signed between Minister of Higher Education and Scientific Research, Khaled Abdel Ghaffar and the UK's Department of Education to facilitate partner institutions to establish a base in another country.

[1 US Dollar = 17.96 Egyptian Pounds]

(Reporting by Marwa Abo Almajd; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)


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