Student - November 13, 2008
AFSG MOVE DEPENDS ON THE CREDIT CRISIS
The chair groups of the Agrotechnology and Food Sciences Group (AFSG) will be moving from the Dreijen to Wageningen Campus – unless the economic crisis turns out to be more serious than expected. Plans for a second education building besides the Forum are going ahead in any case, the executive board agreed last Monday.
The decision to build a second education building is definite, though. The Forum is already too small for the huge increase in student numbers, and some classes are having to be taught at the Dreijen. The new teaching accommodation, which will be on campus on the south side of the Forum, should be ready in 2012. It will be smaller than the Forum but bigger than the Atlas building.
The new building will cost 100 million euros. Wageningen UR will borrow most of this sum, which will temporarily reduce its solvency ratio to 35 per cent. This would go down to 30 per cent if the credit crisis got much worse. The aim is to maintain a long-term solvency ratio of at least 40 per cent.