USP Vice-Chancellor and President, Professor Rajesh Chandra and the Ambassador of Republic of Marshall Islands, His Excellency Ruben Zackhras, Ambassador, Extraordinary & Plenipotentiary, after the signing.
The University of the South Pacific (USP) and the Government of the Republic of Marshall Islands (RMI) signed a Deed of Assignment on 26 May 2016.
The signing of the Deed of Assignment enables USP to initiate all renovation works on the piece of land at Long Island, which the RMI Government has allocated for the University to develop its campus.
Speaking during the signing at the RMI Embassy, USP Vice-Chancellor and President, Professor Rajesh Chandra expressed his gratitude to His Excellency Ruben Zackhras, Ambassador, Extraordinary & Plenipotentiary.
Professor Chandra said that he had been personally involved in this project for many years and thanked the President and the Government of RMI for valuing education.
Talking about the tender, Professor Chandra said that the University is going to consider the tender at the tender board meeting on 31 May 2016.
“We have partly through the generosity of your Government and partly through USP’s contribution, found all the money that will allow us to have the tender awarded,” he told H.E Zackhras.
Professor Chandra added that USP will have a very good system of monitoring to ensure that all of the construction work goes ahead and that the new academic year will have the new facilities in use.
Professor Chandra mentioned that in the recent USP Council meeting, the Council has endorsed the proposal of establishing a Micronesian Centre for Sustainable Transportation and the University has undertaken to work closely with RMI government to secure and provide resources for this establishment.
The Vice-Chancellor and President further said that USP is aware of the commitment that the RMI government has made and the University’s obligation to respect that commitment and make sure that the Government gets value from all USP’s investments.
While thanking Professor Chandra and USP on the progress of the Long Island land, H.E. Zackhras said that signing of the Deed of Assignment was important, as it confirmed the University’s protection of its investment.
“We are delighted that this is taking place. We have been working on this for a long time and I am looking forward to see it become successful,” H.E Zackhras said.
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