IPB to develop assets<\/p>\n
BOGOR: The Bogor Institute of Agriculture (IPB) plans to
\ndevelop 17 of its assets, mostly former campuses, in an effort to
\nfinance the education budget, which this year amounts to some Rp
\n450 billion.<\/p>\n
IPB rector Ahmad Ansori Mattjik said on Monday the institute
\nwould generate money from the development of the assets so that
\nit would not burden students too much. The cost of educating a
\nstudent was some Rp 18 million per year, he said.<\/p>\n
He added IPB had set up a team that would be tasked to take a
\nclose look at the 17 assets, located outside the main campus at
\nDarmaga, Bogor.<\/p>\n
He said that three former IPB campuses, at Baranangsiang,
\nTaman Kencana and Gunung Gede had potential to make money.<\/p>\n
According to Ahmad, the former Taman Kencana campus would be
\nused to build a luxury hospital, while Baranangsiang campus would
\nbe used for a special program for business executives, and other
\ncommercial activities like a convention center and an
\nagribusiness center.<\/p>\n
IPB also plans to build a shopping mall, guest house and other
\ncommercial developments. --JP<\/p>",
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