Welsh university considering campus development through PPP
Swansea University, located in south Wales, has issued a prior information notice (PIN) regarding the procurement of a private partner for the development of Health, Wellbeing and Life Science campus, to be located within, or near, the university’s Singleton Park Campus.
The notice states that the University is considering the most appropriate structure for this project and proposals for the most effective structure are welcomed as part of the market sounding exercise. The project could be structured as a partnering development arrangement or through a joint venture.
The project is intended to expand the Singleton Campus, where a growing cluster of medical and health technology businesses currently operate and collaborate. The total estimated investment is GBP50 million (US$65.3 million).
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