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New $140 Million Campus for the Canadian International School at Jurong
Singapore, 16 March, 2010 – Singapore based Knowledge Universe and the Canadian International School announced today a proposed joint venture that will facilitate and finance a new world-class $140 million Canadian International School campus at Jurong in Singapore.
The new 43,000 sq.m (463,000 sq. ft) “Lakeside campus” at Jurong West is estimated to be completed by August 2011. The campus will provide state-of-the-art classrooms, academic facilities, spacious sporting, outdoor and playground facilities, as well as a Performing Arts and Fine Arts centre, Auditorium and Media Centre, and will reach its full capacity of 3,300 students over the next 10 years.
The Canadian International School is currently housed on four sites spread across Singapore. On completion of the new Lakeside campus, three of the school’s existing campuses and their communities will be consolidated into the new campus. The existing and recently renovated East Coast campus at Tanjong Katong will remain and be further developed.
When asked about the significance of this proposed joint venture, Peter Maslen, Chief Executive Officer of Knowledge Universe said, “We are delighted to facilitate this large and important project for the Canadian International School. The new world-class integrated state-of-the-art campus will complement their well-deserved excellent academic record and reputation. We are also pleased that the current administrative and academic leadership team will remain in place”.
The Canadian International School’s founder and Managing Director, Thomas Tang, said “As one of the world’s largest and most respected private educational organisations, Knowledge Universe opens a whole new range of opportunities and resources to us. Knowledge Universe intends to acquire a majority stake in the school and fund our expansion, and we as founders will continue to manage the school while retaining a significant equity stake. We had delayed our building project to finalise this collaboration, and both parties have been very thoughtful and prudent in considering how it would best be structured to ensure that it brings maximum benefits to our students”.
Peter Maslen, Knowledge Universe CEO, commented “In contemplating this significant investment in the school and its future in Singapore, we are particularly focused on maintaining the academic quality of the school, as well as the quality and capability of the existing management team, which we found to be outstanding”.
Head of School, Dr. Glenn Odland remarked, “This announcement indicates a strong synergy between Knowledge Universe’s educational philosophy, their expertise in online learning, and our existing strength in developing the whole student through a wide range of experiential learning opportunities. With the help of Knowledge Universe, we are even better equipped to prepare our students for their futures.”
Knowledge Universe moved its global headquarters to Singapore in 2007. “We are proud to be Singaporean,” said chief executive Peter Maslen. “Singapore’s reputation as a centre of excellence in education, its development as an educational hub and its transparent and open government were decisive factors in our decision to locate our global headquarters in Singapore”.
Parents at the Canadian International School will have the opportunity to hear more about both the new Lakeside campus and the school’s relationship with Knowledge Universe over the coming weeks at information evenings.
About the Canadian International School
The Canadian International School (CIS) was founded in 1990 and offers the International Baccalaureate Programmes – Primary Years Programme, Middle Years Programme and Diploma Programme to students from 3 to 18 years of age. CIS also offers the Ontario Secondary School Diploma. Students from over 50 countries pursue excellence in the mastery of creative problem solving, effective communication, leadership, international understanding, and responsible citizenship.
URL: www.cis.edu.sg
