A new university that will be co-founded by the Beijing Institute of Technology and Lomonosov Moscow State University is due to begin construction in Shenzhen early next year. Student recruitment will start in 2016 with the eventual goal of having 5,000 students enrolled by 2021. Both undergraduate and post graduate courses will be offered. Graduates will receive diplomas from both the Moscow and Beijing institutions. Under the signed agreement the new university is mainly seeking to enrol local Chinese students as well as a limited number of international students.