On Friday, May 23rd, 2014, at the International University of Sarajevo (IUS), a signing ceremony of transfer of school ownership was held and was attended by the President of the Foundation for Development of Education, Mr. Hasan Topaloğlu.

Mr. Hasan Topaloglu has pointed out that one of the most important goals in establishing IUS was to build a bridge between Bosnia and Herzegovina and the Republic of Turkey. The Foundation for Development of Education was established solely for the purpose of education, but also with the aim to develop cultural ties and cooperation in the fields of industry and trade between Bosnia and Herzegovina and Turkey.