World Bank, Others, Mull $10m School

AS part of its expansion initiative, FUNTAJ International Schools Limited has concluded plans to establish a $10m day secondary school in the heart of the Federal Capital Territory, Abuja.

The project, when completed, is expected to complement existing secondary school in Kuje, on the outskirts of the city.

Under the arrangement, the International Finance Corporation (IFC), an arm of the World Bank, is to provide $5m; a local bank in Nigeria will furnish $3m, while founders of the schools would provide the remaining $2m.

FUNTAJ Schools started in 1997 as a Nursery/Primary School in Asokoro District with just a building. Already land has been acquired in other parts of the FCT, especially in the virgin lands of Kafe and Lokogoma Districts where further expansion is to take place in the near future. This is expected to be capped with a university in Bwari.

In line with its international best practices, the school’s founders organised a forum last week at Sheraton Hotel and Towers, Abuja where three architectural firms were invited to compete for architectural design.

The firms included El-Mansur Coy, Inter State Architects and Space Designers. It was not clear, however, as at press time, which of the firms scaled through the bidding process.

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World Bank, Others, Mull $10m School

AS part of its expansion initiative, FUNTAJ International Schools Limited has concluded plans to establish a $10m day secondary school in the heart of the Federal Capital Territory, Abuja.

The project, when completed, is expected to complement existing secondary school in Kuje, on the outskirts of the city.

Under the arrangement, the International Finance Corporation (IFC), an arm of the World Bank, is to provide $5m; a local bank in Nigeria will furnish $3m, while founders of the schools would provide the remaining $2m.

FUNTAJ Schools started in 1997 as a Nursery/Primary School in Asokoro District with just a building. Already land has been acquired in other parts of the FCT, especially in the virgin lands of Kafe and Lokogoma Districts where further expansion is to take place in the near future. This is expected to be capped with a university in Bwari.

In line with its international best practices, the school’s founders organised a forum last week at Sheraton Hotel and Towers, Abuja where three architectural firms were invited to compete for architectural design.

The firms included El-Mansur Coy, Inter State Architects and Space Designers. It was not clear, however, as at press time, which of the firms scaled through the bidding process.

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frontpage

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Your email address will not be published. Required fields are marked *