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IN THE SPOTLIGHT

New International School Development Opportunities for Singapore Announced

By Anne Keeling
29-Apr-15
New International School Development Opportunities for Singapore Announced


Singapore has opened up new opportunities for international school development in an announcement released recently by the country’s Economic Development Board.
The Request For Interest announcement is for Foreign System Schools and will take place on 5th May in Singapore. All interested parties must register with the Singapore Economic Development Board by that time.
“This announcement is an acknowledgement by the Singapore government of the crucial part Foreign System Schools, particularly English-medium international schools, play in attracting international companies to the country,” said Nicholas Brummitt, Chairman of the International School Consultancy (ISC), the leading provider of data and market intelligence on the global international school market.
“Availability of quality schools for children of international executives is a key consideration when they decide on a posting location,” said Mr. Alvin Tan, the Economic Development Board’s Assistant Managing Director and Chair of the inter-agency Request For Interest committee. “Foreign system schools play a part in strengthening Singapore’s position as an attractive global city and home for business,” he added.
This new Request For Interest exercise will help to ensure Singapore’s educational infrastructure continues to have the capacity to attract new international companies. Several 30-year lease sites zoned for education use are being made available, and the EDB is looking for a range of high-quality schools and curricula to meet the diverse educational needs of the families of international executives relocating to Singapore.
According to the latest data in the ISC Research Singapore Market Intelligence Report, which includes market analysis, trends, forecasts and the intelligence necessary for international school development, Singapore currently has 83 English-medium international schools and kindergartens, employing 5,667 full time staff and teaching 58,785 students.
The ISC Research Singapore Market Intelligence Report states that, with very few exceptions, local citizens are not allowed to attend international schools at primary level in Singapore and so demand for places is therefore closely linked to the size of the expatriate community. The government maintains tight control of the international schools sector, and releases land for school development only when it foresees sufficient demand for places. “This announcement and the opportunities it will generate will come as excellent news for the international business community,” says Nicholas Brummitt.
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A closed door briefing will take place on 5th May in Singapore. The Singapore Economic Development Board states that all interested parties wanting to attend the briefing are invited to register no later than 12pm on 5th May by emailing [email protected]
More information about the ISC Research Singapore Market Intelligence Report is available from Richard Gaskell, ISC Director for International Schools [email protected] +66 85 957 1410




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