Exim Bank Finances Construction Of British University Vietnam In Hanoi

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Export-Import Bank of Malaysia (EXIM Bank) recently witnessed the official opening ceremony of the British University Vietnam (BUV) Ecopark Campus, which it financed under its Overseas Project Financing Facility.

The ceremony was officiated by Phung Xuan Nha, Minister of Education and Training, and attended by officials from the Vietnam government, BUV board members and EXIM Bank representatives. Among them are Nguyen Van Phuc, Deputy Minister of Education and Training, Sir Graeme Davies, Chairman of BUV and Dato’ Loy Teik Ngan, BUV board member. The EXIM Bank delegation is headed by its President/CEO, Norzilah Mohammed.

The university is located in Hung Yen Province, located 10km from Hanoi’s city centre. This state-of-the-art campus took three years to construct and has the capacity to accommodate up to 3,000 students. The university’s open design concept, which fosters closeness to nature, is also equipped with modern, high-tech facilities. Known as BUV Ecopark Campus, students will be exposed to an active learning environment that encourages discovery and research capabilities.

Apart from making available the ideal learning environment, students will also leverage on teaching methodologies and learning experiences structured according to UK standard formats and programmes, ensuring quality graduates for the market.

According to Norzilah, BUV is indeed another milestone for EXIM Bank in penetrating the global education market in support of Malaysian investors and exporters.

“In 2017, EXIM Bank extended its credit support of RM16.2bil for both financing and insurance into 12 primary key sectors under the national key economic areas. We also extended RM2.05bil in both financing and insurance to support the SME segment,” she concluded.

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