For Construction Of A New Campus… US$50M Boost For IPAM

 

The Ministry of Higher Education and Tertiary Institutions on Thursday, the 2nd of August at an event held at State House, signed a fifty million United States Dollars (US$50M) with FEMAB Sierra Leone Limited for the construction of a campus facility for the Institute for Public Administration and Management (IPAM) at Bureh on the outskirts of Freetown.

Signing the contract, the Minister of Higher Education and Tertiary Institutions, Professor Aiah Kpakima disclosed that the growing demand of enrolment at IPAM has led to the University using over ten rented premises in Freetown.

“Last year, we have over five thousand students enrolled at IPAM and we foresee that in the next ten years there will be over twenty five thousand students to be enrolled,” said Professor Kpakima. For this reason, Dr. Kpakima said, his Ministry thought it fit to sign the said contract so as to have an additional campus that will meet international standards including administrative blocks, hostels for students, car park, and other facilities.

IPAM, he said, shoulder 25% of the total cost for the proposed construction work through loan from local Banks while the 75% will be paid by FEMAB SL Ltd. with it headquarters in Nigeria.

The project, he said, will commence soon and is expected to be completed in three years with the first phase targeting two years for completion.

The Chief Minister, Prof. David Francis who was the principal witness to the contract disclosed that the said contract is the first signed by the government since it acceded to power.

The contract, he said, demonstrates government’s commitment in providing quality education in the country.