This further comment on that Indymedia article truly nails the lie:
"Centres of excellence seem to be a backdoor mechanism for approving public-private-partnership, with their whole system of dubious and opaque accounting. PPP revolves around some absurd accounting of future value: a private partner will typically be guaranteed a 12% per annum return on their initial investment, an indemnity from the financial consequences of failure (hence a publicly funded typical cost over-run of three times the initial costing), the right to dictate service contract terms (maintenance, cleaning, security, expansion, etc) for periods of up to 45 years and a 4% per annum depreciation on asset value (i.e. they are compensated for a 4% per year decline in land and buildings, which in reality increase in value by 8% per annum over those timescales).
There is an entire futures market where private partners trade their interests in PPP projects for astronomical values, often immediately after winning the tender and before contributing any work."