City University plans expansion
City University has outlined a $1.9 billion expansion plan in preparation for the move to four-year degree courses and expected student growth in the next decade.
Dennis Sun Tai-lun, chairman of its community relations committee, unveiled the development plan yesterday after the government approved partial funding and an interest-free loan for the construction of three academic blocks.
A $500 million creative media building, outside the campus at a site north of Cornwall Street in Kowloon Tong, is expected to be in service in 2008.
The other two projects, a $600 million community college and a $530 million academic-administrative building covering 14,000 square metres for the four-year undergraduate curriculum, are expected to be built inside the Kowloon Tong campus and be finished in 2009 and 2012, respectively.
'The university requires additional space to ease its overcrowded campus and cater for an increasing student population due to the planned four-year undergraduate curriculum and expanding self-financed programmes,' Dr Sun said.
The university expects that by the 2012 academic year, the number of undergraduate students will jump from 9,600 to 11,500, whereas the number in the self-financed programmes will total 6,800, up from 4,600.
Dr Sun said the university also was seeking a $300 million grant from the University Grants Committee for a 9,000-square-metre building to increase floor space for each student to the UGC standard of 9 square metres, from the current 6.
The university said it would continue its fund-raising effort to secure the minimum matching grant.
The Legislative Council set up a $1 billion fund to award matching grants to the eight UGC-funded institutions that secure donations. The UGC will match donations to schools that raise a minimum of $45 million.
The university said it had received more than $20 million.