Agreement on long-term planning between the BMF and BMBWF as well as the University of Graz and Graz University of Technology established, rental start at the beginning of 2030, space for 3,400 students
Vienna (OTS) – Megaproject GCP
The Ministry of Finance and the Federal Ministry of Education, Science and Research have agreed with the University of Graz and the Graz University of Technology (TU Graz) on the financial cornerstones for the major construction project “Graz Center of Physics”. The planning phase can begin, the planned rental start is in 2030. “With this project, we are creating an excellence cluster in the middle of Graz, which will bring both scientific and economic synergy effects. In the past few years we have seldom had such a long lead time for building projects in the university sector. However, in terms of dimensions, the “Graz Center of Physics” is no ordinary university project either. The federal government bears the total construction costs amounting to 313 million euros, which are refinanced through rent payments, as well as the costs for the equipment amounting to 41 million euros ”, said Finance Minister Gernot Blümel.
The Styrian Governor Hermann Schützenhöfer is also very satisfied with the outcome of the negotiations: “The Graz Center of Physics is not only an important project for the university location, but also for Styria as a research location. I am particularly pleased that the federal government is making such a substantial sum available for the expansion. At the new joint location, the Karl Franzens University and the Graz University of Technology will be able to make even better use of synergies in the future. This improves the possibilities for students and teachers and offers new opportunities for cooperation between science and industry. Styria is the number 1 research country in Austria. This position will be further strengthened with the Graz Center of Physics. “
Established by the BIG
It is planned that the physics institutes of the Karl-Franzens-Universität Graz (Uni Graz) and the TU Graz will be merged at one location in Graz at the beginning of 2030. The “Graz Center of Physics” is being built under the supervision of BIG, which also remains the owner of the property. The University of Graz and TU Graz will rent from 2029/2030. Half of the costs for the facility of around 41 million euros will be paid by the two universities from their existing global budget and the other half by the federal government. Education and Research Minister Heinz Faßmann emphasizes: “The new Center for Physics is an expression of the partnership between Graz University of Technology and Karl Franzens University. It is also a reaction of the federal government to the extremely science-friendly attitude of the Styrian state government, which invests a lot in science and research. “
The federal government bears the long-term rental and operating costs
The BMBWF and the universities had to reach an agreement with the BMF for the long-term planned rents and operating costs from 2029. Together with the universities and the BMBWF, long-term planning was carried out and the additional requirement for rents and operating costs for the service agreement period 2028-2030 was noted.
“With the Graz Center of Physics, thanks to the cooperation between the federal government, the state and universities, another lighthouse is being created for the science and research region of Styria. The bundling of all physics studies in one place will further strengthen the cooperation between the two largest Styrian universities. In addition, Graz will become even more visible internationally as a location for outstanding research, ”said the Styrian State Councilor for Science and Research Barbara Eibinger-Miedl.
The new campus with a gross floor area of almost 50,000 m² will accommodate around 3,400 students. Economies of scale and synergies can thus be achieved.
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