CIBT Education signs up four more Chinese partners
2009-01-28 16:51 ET - News Release
Mr. Toby Chu reports
CIBT ADDS 4 NEW PARTNERS TO HOTEL AND TOURISM DIVISION IN CHINA
CIBT Education Group Inc.'s hotel and tourism training division in China has signed co-operative joint program agreements with four additional partners in China since the company's recent news in Stockwatch on Jan. 15, 2009. The new joint program partners include a university in Fujian province, two hotel chains in Beijing and Shandong province, and an education consulting company in Guiyang province, China. The agreements range in scope from providing professional certification in the American Hotel Lodging Association programs, delivery of hotel management programs, flight attendant programs, and hospitality English training programs, to senior management training seminars.
These co-operative agreements will further CIBT's expansion efforts and provide a pipeline for programs to be introduced into these new markets, which may also serve as recruitment and job placement centres for other CIBT programs in the future. Upon the successful implementation of these joint programs in various cities throughout China, CIBT will then assess and determine further investment or other joint venture opportunities in these regions.
CIBT has signed co-operative joint program agreements with the institutions in the table.
Institution City Province
Sunlight Building Co. Gansu Guiyang
Beijing Yansha Centre Co. -- Kempinski Hotel Beijing Beijing
Shandong Blue Sea Hotel Group Yantai Shandong
Zhangzhou Normal University Zhangzhou Fujian
"We are excited that many schools and industry players are eager to join our hotel management training platform in China," commented Toby Chu, vice-chairman, president and chief executive officer of CIBT. "These industry players will provide our graduates with practical work experience, while our education partners will provide solid academic credentials. We will continue to recruit new academic and industry partners to expand our hotel management training programs with the intention of adding more programs and potential investments into the Asian market."
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