By TCN News,
Aligarh: A US-based non-profit organization ‘The Frank Islam and Debbie Driesman Foundation’ (FIDDF) has released a sum of Rs 1.5 crore as the first installment to the Aligarh Muslim University (AMU) for the construction of a new management complex, which will house the Frank and Debbie Islam Department of Management and Faculty of Management Studies and Research.
Frank Islam is an alumnus of this University, a release from the AMU said.
AMU has already earmarked three acres of land near its founder’s house. The total project including the establishment of an endowed chair for entrepreneurship, innovation, corporate responsibility and business etc. is estimated to cost USD 3 million, of which one million dollar will be contributed by the AMU and USD 2 million will be contributed by the FIDDF in nine installments, as per a MoU signed by the AMU with the FIDDF.