HONG KONG, March 30, 2017 /PRNewswire/ -- Nord Anglia Education, Inc. (NYSE: NORD), the world's leading premium schools organization, today announced that it has entered into agreements with local partners to develop a new school in Dublin expected to open in September 2018 and an additional campus for the British School of Guangzhou expected to open in September 2020.
Nord Anglia in partnership with educational investor Barry O'Callaghan is to develop the new international school in Dublin which will comprise an 800 seat campus located in South County Business Park, Leopardstown, approximately 8km from Dublin City. Nord Anglia will invest approximately $3.8 million over the next 18 months to create a world class learning environment for students from the age of three to 18 years old. The campus will feature extensive facilities, including specialist arts and STEAM (science, technology, engineering, art and maths) facilities to support the delivery of Nord Anglia Education's collaborations with The Juilliard School and the Massachusetts Institute of Technology (MIT), respectively.
Located close to the new central business district within the Tianhe district, the additional campus for The British School of Guangzhou will provide an increase of 500 seats of capacity for the school. In addition to impressive academic facilities, students will benefit from an auditorium and excellent sports facilities including an indoor sports hall, swimming pool and outdoor playing fields. Nord Anglia Education will invest approximately US$3.2 million in the new campus over the next 3 years.
"We are delighted to announce the development of our first school in Ireland," said Andrew Fitzmaurice, CEO, Nord Anglia Education. "As one of the fastest growing economies in Europe, Ireland is an increasingly attractive destination for families, fuelling demand for international education from both expatriate and local parents alike.
"Similarly, our school in Guangzhou continues to experience strong demand and has grown into the leading international school in the city since its foundation in 2005. We are looking forward to offering an outstanding international education to families in both cities."
The opening of both schools is subject to the receipt of further regulatory approvals.
About Nord Anglia Education, Inc.
Nord Anglia Education (NYSE: NORD) is the world's leading premium schools organization. Our 43 international schools are located in China, Europe, the Middle East, Southeast Asia and North America. Together, they educate more than 37,000 students from kindergarten through to the end of secondary education. We are driven by one unifying philosophy - we are ambitious of our students, our people and our family of schools. Our schools deliver a high quality education through a personalized approach enhanced with unique global opportunities to enable every student to succeed. We primarily operate in geographic markets with high foreign direct investment, large expatriate populations and rising disposable income. We believe that these factors contribute to high demand for premium schools and strong growth in our business. Nord Anglia Education is headquartered in Hong Kong SAR, China. Our website is www.nordangliaeducation.com.
For further information, please contact:
Corporate Finance and Investor Relations Director – Nord Anglia Education
Tel: +852 3951 1130
Managing Director, Investor Relations – ICR
Head of Brand - Nord Anglia Education
Tel: +852 3951 1144
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SOURCE Nord Anglia Education, Inc.