University plans B4.6bn project

PROPERTY

Chula wants to build creative centre, dorm

Published: 12 Mar 2013 at 00.00
Newspaper section: Business

Chulalongkorn University has unveiled an ambitious plan to spend 4.6 billion baht to develop a dormitory, park, new road and a creative centre.

Prof Pirom Kamolratanakul, the university's president, said more than 2 billion baht will be spent on a dormitory for international students on a 16-rai plot on Banthat Thong Road.

Another huge investment of about 2 billion baht will be used to build a creative community-based innovation centre on a 21-rai site where Rajamangala Institute of Technology's Uthenthawai campus is located.

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wisawat
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Discussion 2 : 12 Mar 2013 at 07.032
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D1: Neither. It results in a richer top echelon.

"The centre will aim each year to develop at least 50 small and medium-sized enterprises, more than 75 patents and new products and 50 businesses related to the creative economy."

It appears that the school will capitalize off of "intellectual property" and small business loans/kickstarters. Who will really benefit? The 1%, of course. Like anything else here, it's all about the profits, nothing more.
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boons
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Discussion 1 : 12 Mar 2013 at 02.321
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Does this result in more educated students? Or more indebted students?
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University plans B4.6bn project | Bangkok Post: property