Nalanda University !!!

Centuries before Oxford university even opened its doors, a school in northeast India attracted thousands of the brightest minds from China, Persia and Turkey. Deeply influenced by Buddhist teachings, it was known as Nalanda - the "giver of knowledge"

Political leaders from throughout Asia have joined forces with Nobel-laureate economist Amartya Sen, the Dalai Lama and other notables to rebuild this once great institution. They plan to spend $1 billion to establish a new Nalanda on a 200-hectare site not far from the old university.

Source: Newsweek