University of Central Asia Receives Long-term OPIC Support to Complete its Second Campus in Khorog, Tajikistan
October 29, 2015
(OPIC)
The University of Central Asia (UCA) is rapidly progressing to complete the
construction of its second campus in Tajikistan, scheduled to be ready by 2017,
at a total capital layout of $94.4 million.
Alongside a $64.4 million commitment from the Aga Khan Development Network
(AKDN), including $7.5 million from the Aga Khan Foundation, Overseas Private
Investment Corporation (OPIC), the United States Government’s development
finance institution has extended $30 million to complete Phase I construction of
its Khorog campus. This support marks OPIC’s second partnership with AKDN,
following financing to expand the Aga Khan University Hospital in Karachi,
Pakistan.
“While OPIC’s contribution is financially significant, it is even more
noteworthy as a demonstration of confidence in UCA’s objectives and the quality
of its facilities and academic programmes. This will no doubt encourage
potential partners of the University. We are building three campuses of the same
stature, facility and standards to ensure equity in development across UCA’s
founding states. We will be a key intellectual driver and serve as a role model
to encourage others to raise standards in the region,” said Shamsh Kassim-Lakha,
Executive Chairman of UCA’s Board Executive Committee and AKDN Diplomatic
Representative to the Kyrgyz Republic.
When fully operational, UCA will have campuses in Tajikistan, the Kyrgyz
Republic and Kazakhstan. The investment by OPIC builds upon the progress of
UCA’s Naryn campus in the Kyrgyz Republic, scheduled to be the first to open in
September 2016 and funded by AKDN. The Khorog campus will open in September
2017, followed by a third campus in Tekeli, Kazakhstan currently anticipated in
2019.
Recruitment for UCA’s first cohort of undergraduate students has already begun.
The first four academic specialisations will be Bachelors degrees in Earth and
Environmental Sciences and Economics in Khorog; Computer Sciences, and
Communications and Media in Naryn; followed by Engineering Sciences and Business
and Management in Tekeli.
"Top quality, locally-available university education is an important foundation
for Central Asia’s growing middle class. The University of Central Asia’s work
throughout the region will help equip a diverse range of talented students with
the training they need to tap into a dynamic and changing job market. OPIC is
proud to support this latest effort of UCA, which promises to have a lasting
positive impact,” said Elizabeth Littlefield, OPIC’s President and CEO.
Construction is already underway in Khorog on a site located over 2,200 metres
above sea level. Modern welfare facilities for construction workers including
food and health services were completed last June. Following extensive site
preparation, Phase I includes a 15,000 square metre facility comprised of a
three-storey academic building (housing a library, classrooms, a computer lab,
student common spaces, dining hall, administrative offices and faculty
reception, offices and residences), student dormitories, a laboratory, student
life building and international standard sports facilities.
“The University’s campuses are strategically located in secondary cities to act
as nodes of development for underserved mountain communities, providing high
quality tertiary education; fostering innovation through interactions with
national businesses; and connecting these underserved locations to regional
economic growth centres,” said Rahim Somani, UCA’s Chief Financial Officer.
“Khorog’s Phase I campus anticipates an economic impact of $275 million over 25
years in Tajikistan, including the creation of 300 national construction jobs
and approximately 100 permanent jobs in university operations.”
In 2006, UCA’s first operational unit, the University’s School of Professional
and Continuing Education (SPCE) was established. It has since reached 80,000
learners in the region, half of them in Tajikistan. In Dushanbe, the capital of
Tajikistan, the University has a SPCE Learning Centre which offers certificate
courses and training to youth and adult learners and university faculty.
UCA’s Aga Khan Humanities Project (AKHP) which offers innovative humanities
curricula and faculty training programmes is also located in Dushanbe. AKHP
courses are now being offered at a total of 74 institutions across Central Asia,
taught by approximately 600 instructors, reaching over 13,000 students.
Among other academic initiatives at UCA are its three research institutes. The
Mountain Societies Research Institute is dedicated to addressing challenges and
opportunities within Central Asian mountain communities. The Institute of Public
Policy and Administration fosters stimulating, innovative and rigorous inquiry
into public policy related to socio-economic development. The Central Asian
Cultural Heritage and Humanities Unit supports research to address a critical
part of the UCA mission to help the peoples of the region to preserve, promote
and draw upon their rich cultural traditions and heritage as assets for the
future.
UCA is part of the AKDN, which has been actively working towards the vision of
an economically dynamic, politically stable, intellectually vibrant and
culturally tolerant Central Asia since 1992.
Welcome to the Exporting Source
Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.