They could set up this in BD. Which is a neutral place.Chittagong is a good place. Bangladesh have international universities like Asian Women University and OIC Islamic University
University is in the wrong place.
I think they might set up sister campuses in other countries. Why is a university not the right place for interaction and cross-cultural contact? I think it will be ideal.
Off topic, I know BD has a history of very good universities. My great-grandfather was a professor in Dhaka University!
