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CHISINAU EDUCATION CITY Project Overview ACCENT GROUP JSC Chisinau, 2013.

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Presentation on theme: "CHISINAU EDUCATION CITY Project Overview ACCENT GROUP JSC Chisinau, 2013."— Presentation transcript:

1 CHISINAU EDUCATION CITY Project Overview ACCENT GROUP JSC Chisinau, 2013

2 Concept The Education City will provide the highest standards of British education at the geographical heart of Europe. The City will be comprised of privately-owned education institutions, including a primary school, a secondary school, and a university for undergraduate and post-graduate tuition. The institutions will use British curricula, taught by teachers and professors from leading UK schools and universities. However, low construction and living costs in Moldova will mean tuition fees are one third of those in the UK. The City will be set in an environment specifically designed to attract, stimulate and inspire. This package will draw students from all over Southern and Eastern Europe, Russia, the CIS and the Middle East; students who would otherwise need to travel much further from home for quality education.

3 Facilities The Education City will benefit from the following, high quality facilities: 48 classrooms and additional science laboratories dedicated IT infrastructure and eLearning network extensive library indoor swimming pool two tennis courts 2 basketball courts synthetic football field (4th generation artificial lawn) sq meters of woodland highly advanced security system The current architectural design is shown in the Figure1. Figure1: proposed architectural design

4 Location Favourable conditions in Moldova: Moldova is a unique bridge between the EU and CIS, with strong cultural connections and short flight times to Russia, the EU and Central Asia. This location will give the City of Education a very large catchment area. Moldova is famous for its beautiful nature and healthy environment, due to low industrialisation, making it perfect for inspiring the young. Moldova has an increasing number of millionaires and wealthy people who are prepared to invest in their childrens education. The Moldovan State Fiscal Inspectorate reported 105 millionaires at the end of Q1, 2011, an increase of 37%, compared with In Moldova, the City of Education will be able to reduce CAPEX and OPEX significantly because Moldova has affordable land, low cost luxury construction materials and the lowest wages in Europe. This will be reflected in lower tuition fees. British education is very well-known and highly regarded

5 Aims Improve quality of education Offer internationally accredited examinations and curricula Attract staff from the leading UK schools Equip students for international university education Increase competition in the regions private education market Offer a model of quality education for other schools to follow Improve skill-set of workforce Target education in areas of high demand in Moldovan markets, for example, IT skills Stimulate a more competitive labour market by providing higher quality education Create jobs in construction and teaching assistance, which will contribute to long-term, sustainable growth in Moldova and its surrounding region Guide the next generation Be governed openly and democratically in order to promote similar values in the surrounding community Provide education which will encourage the development of confident, motivated, self-disciplined students, as close to their homes as possible, who will contribute to a brighter future Educate in an environment which truly inspires Build facilities which reinvigorate the tradition for iconic educational buildings Create a landmark in Chisinau which will attract attention from parents, students and tourists alike

6 Market analysis There have been private schools in Moldova since 1990, but they have varied in number and quality. Currently, according to the Ministry of Education, there are: 18 private schools 2 private secondary professional schools 6 private colleges 15 private universities 41 private institutions in total Theoretically, there are no private kindergartens because they are branded as clubs for children. Total number of students studying in private institutions: Total number of teachers or professors teaching in private institutions: All private institutions are non-profit and all but one follow the Moldovan curriculum. Private schools charge between 1500 USD and 2600 USD, dependent upon the age of the child, per year. This figure does not, however, include meals and accommodation.

7 There is only one International School: QSI International School. QSI has: 70 students between ages 3 and 16, mainly taken from the ex-pat community student : teacher ratio of 10:2 - each class has one Moldovan and one foreign teacher a choice of languages in which to study: Romanian, Russian, French, German, Spanish, intensive English tuition fees: USD for preschool and USD for ages 5-16 a curriculum accredited by the MSA (Middle States Association of Schools and Colleges, USA) The education market in Moldova is perfect for developing a more sophisticated, high quality and diverse project, such as the Chisinau City of Education. This would target a much wider market than QSI.

8 Regulation The private education sector in the Republic of Moldova is regulated by the Ministry of Education and Education Law, no. 547-XIII, adopted on July 21, The Ministry of Education in Moldova offers proactive support for diversification of the education sector. The project promoter, Accent Group, has very good relations with the Government and the political elite of the country (including former and present Presidents and Prime-Ministers, public servants, and state institutions) which will ensure governmental support throughout the Education Citys development.


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