Plans to actualise the KWASU Students Smart City Initiative has taken another positive step, as the institution held an interactive forum with prospective Investors both home and abroad virtually.
Investors were presented with Memorandum of Agreement which they are expected to sign and submit to the university. This has become necessary so as to further emphasise on the investor friendliness and transparency for which KWASU is known for.
The Director of Physical Planning Unit (PPU), Architect Salihu Suleiman, while presenting the documents to the investors on the 27th of January 2021, urged them to speedily review the documents and come up with possible suggestions, amendments and acceptance of the terms contained in the Memorandum.
Arch. Suleiman highlighted that the Students Smart City is a ground breaking project, unique to KWASU and designed to address the issue of students accommodation on the university campus.
He noted that on completion, the city, which will be in a cluster of ten structures, will have attendant infrastructure such as roads, shopping mall, carparks and alternative power supply among others.
Investors in an earlier meeting with the university management had been presented with structural drawings of the Students Smart City.
In his welcome speech the Vice Chancellor of Kwara State University Professor Muhammad Mustapha Akanbi SAN who was represented by the Deputy Vice Chancellor Administration, Professor Omololu Fapojuwo, reassured the prospective partners of the institution’s commitment to completing the first phase of the record setting project before the end of the 2020/2021 academic session.
He called on the investors to support KWASU in this drive as it will be of great financial benefit to them and the university community.
The Director of KWASU Investment and Consultancy Services, Dr. Rahman Mustapha reiterated that the university was relying on the active participation of the private sector in completing the epoch making project.
Speaking on the Memorandum of Agreement, the Director of KWASU Legal Services, Mr Y.O Yakub said the document blended the law with the project to ensure that interests of various partners were protected.
He said the institution was however open to dialogue with the prospective partners.