 |
|
|
|
|
FANUES takes
responsibility of all business transactions related to the college town and
university parks of the “University”. It takes title to, and holds in its
own name, any real estate in Palestine designated under agreement contract with
the host country for the “University’s” college town, university parks,
and any of the “University” medical facilities. Under above
acquisitions and with such type of interests, FANUES Foundation shall sublease
property for development and building and managing the college town including
its shops, specialized refectories, and other services, provided that the
sublease agreements are exclusively limited to the contracting parties without
the beneficiary/ies accruing in consequence thereof any acquired sub-rights at
any time during the life of the lease contract with the host country, or upon
its expiration or termination, and provided that subcontracts expire at the
expiration or termination of the lease contract with the host country. The model of the American college town is a living example of how a small community established to serve a land-grant university could grow and flourish into an attractive educational and business center. The support services built around the campus would attract employees as well as businesses and entrepreneurs. In a third world country geared for peace and regional economic integration within the global free market economy, such center can boost trade, productivity, and living standards, especially when it will act as a magnet for many international, academic, cultural, and business activities to boost Middle East peace. |
|
Send mail to [email protected] with
questions or comments about this web site.
|