THE Management Development Institute of Singapore (MDIS) announced on Monday that it would set up a RM300 million (S$129.2 million) campus in Iskandar Malaysia - the first major investment in the Johor development corridor by a Singapore organisation since Iskandar was set up in 2006.
The deal was inked just a month after Singapore and Malaysia resolved a niggling land dispute and committed to joint venture projects in Iskandar.
This development, MDIS said, was an important consideration in sealing the deal.
The private university college will be set up on a 30-acre area of land in Iskandar's EduCity. It will boast state-of-the-art facilities, a hostel and campus-wide wireless access. Construction is expected to start in 2011.
The campus will be opened in three phases. The first phase will be ready by 2013, when MDIS intends to enroll 2,000 students.
Initial courses offered will be: business management, mass communications, information technology and digitial media, and travel and tourism.