The Karim's group is to build the first phase of a new campus for Universidad Tecnológica Centroamericana (Unitec), in an area adjacent to the towers of Altia Business Park in San Pedro Sula.
The first phase consists of five four-story buildings, an outdoor sports facilities, auditorium for 400 people, a recreation center and parking area for 640 cars, and is projected to be ready by the end of 2013.
An agreement between the CABEI and the Central American Technological University will give students access to loans with which to finance up to 100% of the cost of their studies.
The project is aimed at people studying graduate and post-graduate level technical courses in order to improve the quality of education and improve Honduras's competitiveness in this area.