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Plans have commenced developing the Greenfield campus for a university in Durbanville; the first one the be developed by Stadio Holdings, a subsidiary of the private education group Curro.
This was announced last night (Wednesday) by Dr. Chris van der Merwe, founder of Curro Holdings and the CEO of Stadio Holdings after he was awarded as Business Leader of the Year by Durbanville Business at their year-end function. This function also served as a fundraising event for Huis Jabes, a home abused for women and children.
Van der Merwe said Stadio Holdings has reached an agreement on the salient terms for the proposed acquisition of a portion of vacant land on the corner of Okavango Road and Wellington Road on the periphery of Durbanville.
“The National Development Plan has set a target to increase higher education to 1,6 million students by 2030.
Currently, there are only about 1,2 million students enrolled in higher education institutions. Many learners who qualify for admission to tertiary education institutions simply do not get admission to universities,” said Van der Merwe.
Stadio, an investment holding company which specializes in the acquisition and development of higher education institutions, was listed on the JSE on 3 October.
The Stadio Group currently accommodates more than 30 000 tertiary students across its various brands, including Embury, The Southern Business School, Afda, as well as Lisof and Millpark – the latter two of which acquisitions are in the process of being finalised.
Van der Merwe said in a media release the planned new campus in Durbanville will include existing faculties within the Stadio Group, such as information technology, education, commerce, law, and the creative industries – including fashion design, advertising, marketing and communication, and the film industry.
Other future faculties will also be developed and acquired by Stadio.
“Stadio is actively exploring the development of a school of engineering, health sciences, and medical school,” he said.
The establishment of these still requires further engagement with various roleplayers, he said.
The new campus will accommodate between 4 000 and 5 000 students.