Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Budhi Lestari links up with S'porean SMEs to develop $20.5m education facilities

  • The Jakarta Post

    The Jakarta Post

Nusa Dua, Bali   /   Fri, September 6, 2013   /  06:28 pm

Indonesia's prominent education group PT Budhi Lestari teamed up on Friday with two Singaporean training and education small and medium enterprises (SMEs) to set up education facilities with a US$20.5 million investment in Indonesia.

The signing of memorandums of understanding (MoUs) for the cooperation was witnessed by Cooperatives and SMEs Minister Sjarifuddin Hasan and Singapore's Senior Minister of State for Trade and Industry and National Development Lee Yi Shyan on the sidelines of the 37th Asia Pacific Economic Cooperation (APEC) SME working group meeting.

Under the first agreement, PT Budhi Lestari will partner with Bridge Learning Group to set up two learning centers for students with learning difficulties in Jakarta. Meanwhile under the second agreement, PT Budhi's subsidiary, Raffles International Group of Schools, will establish a polytechnic in Jakarta together with Republic Education Group, according to Raffles CEO Gary Tan.

The learning centers will commence student intake in November this year, while the polytechnic will kick off operations next year, according to the firm's business plan.

PT Budhi Lestari is an education vehicle under the late William Soeryadjaya, the founder of Indonesia's conglomerate group PT Astra International Tbk.

Your premium period will expire in 0 day(s)

close x
Get 50% off for Premium Subscription

Renew your subscription to get unlimited access