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Progress in University City project reviewed


MUSCAT: The Higher Committee for the University City (Oman University and Science and Technology City) on Monday held a meeting under the Chairmanship of HH Sayyid Shihab bin Tareq al Said, His Majesty the Sultan’s Adviser and Chairman of the Committee.

The meeting reviewed the progress made in the University City project and the latest deliverables by the project master plan, the consultant including the proposed stages of work to complete the project’s master plan and the proposed spaces for each stage as phased out implementation set in the master plan.

The meeting also discussed the strategic financing alternatives proposed by the financial consultant of the project. It also reviewed the latest developments on cooperation with Oman Investment Fund, the economic and social feasibly study, the investment opportunities and the prospective economic outcomes of the project.

The meeting also discussed the strategic plan of the university with elite academic and research institutions and local organisations through establishing specialised centres for this purpose.

In this regard, the meeting discussed a proposal for cooperation with HAAS School of Business at Berkeley University, California, by establishing a specialised innovation and entrepreneurship centre at the University City to serve as business incubators and accelerators for promoting entrepreneurship in the Sultanate.

It should be noted that Berkeley University is classified in the 5th ranking in Shanghai Ranking 2017. The cooperation with an elite university such as Berkeley is one of the strategic aims to achieve a full-fledged system for entrepreneurship at the University City in particular and the Sultanate in general. The meeting also followed up the implementation of the Committee’s recommendations and the decisions during the previous meetings. — ONA

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