The National University (NUS) opened its latest building, the Stephen Riady Centre, on Friday afternoon.

The three-storey building is open to all NUS students and houses state-of-the-art facilities for learning, sports and the performing arts, as well as retail and dining outlets.

The centre, which is beside an open green field in the middle of the University Town campus, is named after Indonesian tycoon Stephen Riady who has donated a total of $30 million to NUS. Altogether NUS will receive up to S$75 million, with a matching grant of up to S$45 million from the Government.

"While the government plays a key role in providing opportunities, the government cannot do this alone. The involvement of our community in education is crucial... It is especially heartening when successful individuals do their part to help others succeed," said Education Minister Heng Swee Keat, who was the guest of honour at the opening ceremony of the new building.