March 9, 2007
MIT to Help Create U. in Abu Dhabi
The Massachusetts Institute of Technology has closed a deal with a state-owned company in Abu Dhabi to help develop a new technology-focused research institute. MIT officials say the state of Abu Dhabi will pay $35-million in research money for joint projects between MIT and the institute, to be called the Masdar Institute of Science and Technology.
"This is an arrangement for capacity building," MIT's chancellor, Phillip L. Clay, said. "This is an effort to assist Abu Dhabi in
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