Business Opportunities in Singapore
Education Services
The Asia-Pacific market is the fastest-growing
source market for international students and Singapore
is well-positioned to tap on this growth. EDB has engaged
both the public and private education sectors in a bid
to make Singapore a 'Global Schoolhouse' - a world-class
education hub internationally renowned for its intellectual
capital and creative energy.
Singapore is already home to a global
e-learning institute - Universitas 21 Global - and 11
leading international universities. These are among
the best in their respective fields, with strong education
and research traditions spanning diverse industries
around the world.
INSEAD saw the need to go ahead with its Phase 2 expansion,
two years ahead of schedule. The University of Chicago
Graduate Business School set up a permanent campus here,
the first leading US business school to do so in Asia.
Universitas 21 Global - a consortium of 16 well-known
universities and Thomson Learning - also picked Singapore
to establish its headquarters, and launch its global
e-MBA programme.
Shanghai Jiao Tong University was the first Chinese
university, and the first from Asia, to establish itself
here. Other well-known names include Georgia Institute
of Technology, Johns Hopkins University, Massachusetts
Institute of Technology, Technical University of Munich,
Technical University of Eindhoven, Stanford University
and University of Pennsylvania's Wharton School of Business.
These institutes will be complemented
by other schools in Singapore, public and private. They
will cater to students from various age groups and with
various interests.
Without a doubt, Singapore is an attractive
location for education service providers and also for
students. To ensure consistent high quality, the Singapore
Quality Class for Private Education Organisations (SQC
for PEOs), a trustmark of quality, has been put in place.
An accreditation system for private institutions, which
can serve as a guide for the quality of the institutions,
is also being developed.
With so many initiatives to support the
development of education services, and Singapore's reputation
for education quality, you know you are in good hands
when you become part of the education industry.
There are many investment opportunities available in
the following areas:
- Tertiary education
- Private commercial and specialty schools
- Corporate training
- Preparatory and boarding schools
- E-learning and supplementary
services
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