The construction of Quest International University Perak’s permanent campus is targeted to take off in the first quarter of 2016. This was confirmed by the developer of Qi City, Green Venture Capital (GVC). QIUP is one the main components of Qi City development.
GVC yesterday inked a Memorandum of Agreement (MOA) with the main contractor, China Energy Hua Ren Industrial Investment Co., Ltd (CEHR) . QIUP also inked an Agreement with GVC for its future campus and was represented by its Chief Operating Officer, Mr. Nicholas Goh.
An elated Mr. Goh said that he looks forward to the completion of the new campus as it will be equipped with the state of the art facilities in line with the vision of the University to be a research-led University and ensuring that the programmes are industry-relevant using motivational teaching methods which are highly effective.
This Agreement was signed as part of the MOA signing ceremony between Green Venture Capital (GVC), a subsidiary of Wawasan Qi Properties Group with CEHR to help facilitate the China-based entity to lead the construction of the RM1.1 billion integrated edu-city project in Bandar Meru Raya district.
The construction for the Qi City Development Project on a 10.5-hectare site is expected to start in the first quarter of next year and expected to be completed in three years. It comprises a teaching hospital with public and private wings, Quest International University Perak (QIUP) campus, three condominium blocks, a medical rehabilitation centre and hotel suites.
GVC executive chairman Dato’ Sri Dr Vijay Eswaran said that the international collaboration would help them achieve the vision to create the first education and medical hub in the country. “CEHR’s entry into Qi City project is significant as it is a testament to the strength and potential of this uniquely modeled development,” he said in his speech at the signing ceremony here today.
GVC was represented by Mr. Kuna Senathirajah and its chief executive officer S. Chandragesan while CEHR was represented by its chairman Mr. Wang Wei.
Also present was Menteri Besar Datuk Seri Dr Zambry Abd Kadir.