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The largest educational company Singapore KinderWorld International Group implementing an investment project in the Republic of Kazakhstan: a Letter of Intent signed

On January, 19 in Astana, a Letter of Intent regarding the implementation of the investment project was signed between NC KAZAKH INVEST JSC and Singapore company KinderWorld International Group and Akimat of Astana city. As part of the signed agreement, in Astana, Almaty and Shymkent cities it is intended to build educational institutions on the Singapore continuing education model based on the international educational programs of Cambridge IGCSE, Cambridge AS/A Level.

The Singapore businessmen intend to construct and put into service a kindergarten for at least 200 places, school for at least 2000 places and a college for at least 2000 places. The investor plans to attract at least 30 % of Kazakhstan teachers. Akimat of Astana city will allocate a 5 ha land plot in order to implement the project.

Within the framework of accompaniment and service support of investors, NC KAZAKH INVEST JSC organized meetings with Akim of Astana city Bakhyt Sultanov and Deputy Akim of Shymkent city Danat Zhumin. The administration of cities has shown greater interest in the implementation of the project of the Singapore investors. Right after meetings they toured the land lot for the future educational institutions. 

During signing the agreement, the Deputy Chairman of Board of NC KAZAKH INVEST JSC Marat Birimzhan noted this project is important for the development of the domestic education system. NC KAZAKH INVEST JSC is ready to provide a full spectrum of support in terms of concluding the investment contract, land acquisition and visa procedures. 

It is necessary to note that the agreement on creation of the educational center from pre-school up to secondary school education was reached within the framework of the Kazakhstan-Singapore Investment Forum on November 21, 2018: then the Memorandum of mutual understanding was signed between NC Kazakh Invest JSC and the company KinderWorld International Group.

For reference:

The company KinderWorld International Group started its activity in 1986 in Singapore and successfully implements the educational network. The program of continuous education aims at the active development of STEM educational system (Science, Technology, Engineering and Mathematics). The company currently administrates twenty educational centers in Southeast Asia.

Schools are accredited by the international organizations, the company was awarded as one of the best companies as part of the ASEAN Business and Investment Summit, held in Singapore on 12-13 November, 2018.

  https://ru.invest.gov.kz/media-center/press-releases/krupneyshaya-obrazovatelnaya-kompaniya-singapura-kinderworld-international-group-realizuet-investits/