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FINANCIAL NEWS
Bahrain Polytechnic on track for $265m expansion
24 Feb 2010
(MENAFN) The Bahrain Polytechnic expects its massive $265.22 million expansion plans to be completed by January 2012, which involves taking over and rebuilding the entire former Bahrain University campus at Isa Town to cater for thousands more students, Gulf Daily News reported.
The project, which is backed by Prince Salman bin Hamad Al Khalifa, comes in line with the Bahrain’s Economic Vision 2030 master-plan for the country’s future.
Chief Executive Officer of Bahrain Polytechnic, John Scott, said that the expansion was vital to continue the significant growth of the institution, since its opening in September 2008.
The polytechnic currently has 931 students and expects this figure to rise to nearly 1,600 next semester, with an expected growth of five to seven thousand students over the next ten years.
Currently, the institution occupies a small area within the 23 hectare university site and have plans to take over, redesign and rebuild the whole site follow almost a year’s talks with the Works Ministry.
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