![]() Financial Daily from THE HINDU group of publications Friday, Sep 26, 2003 |
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Industry & Economy
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Infrastructure Plans to focus Chennai as Asia's investment haven Our Bureau
Students of the American International School at the dedication function of their new campus in Chennai on Thursday. Bijoy Ghosh
Chennai , Sept. 25 CHENNAI outscores other cities in overall ambience that is crucial to employees' feel good factor, an important intangible in deciding an investment destination, according to the Tamil Nadu Chief Minister, Ms J. Jayalalithaa. Addressing the dedication ceremony of the American International School here on Thursday, she said the Government plans to reposition Chennai as the best investment destination in Asia. With the focus on infrastructure, and available facilities in health, education, Chennai outscores most cities on overall ambience, she said. The Government will soon launch the information technology expressway along the Old Mahabalipuram Road. The Chennai Infrastructure Development Plan is underway with an outlay of Rs 18,000 crore aimed at comprehensive development of the metropolitan area, she said. The US Consul-General, Dr Richard Haynes, said the international school in Chennai would prove a key factor in attracting foreign investments, especially, major projects that involve relocation of middle and senior level management staff who could have children in schools. The American International School would facilitate students and families to fit in and enable transition from education abroad to Chennai. Situated on a 10-acre landscaped area at Taramani, the American International School offers a curriculum based on American standards of education. It will coach students from pre-school and kindergarten level up to grade 12. Students gain an American High School Diploma upon graduation. Advanced placement courses are offered simultaneously. The curriculum also provides for health and physical education, music, art, foreign language instruction and special needs department for students with special learning needs. The school has 260 students of different nationalities. This number is expected to go up to 300 by August 2004 and peak at 540 students. The facilities include air-conditioned classrooms and library, laboratories, cafeteria and sports halls for basketball, volleyball, badminton, indoor soccer and tennis courts.
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