CIBT Education Group Inc. is an education management company that trades on the NYSE Amex. They focus on the global education market, and own and operate a network of business, technical, and language colleges in over 60 locations in 18 countries. CIBT Education Group Inc. has their headquarters in Vancouver, British Columbia.
The Company, through their colleges, delivers Western and Chinese accredited business and management degree programs, college preparation programs, and automotive maintenance programs. They also deliver IT programs, hotel management and tourism programs, language training and certification programs and career/vocational programs.
The Company’s wholly owned subsidiaries are CIBT School of Business, KGIC Education Group, and Sprott-Shaw Degree College Corp., which is comprised of Sprott-Shaw Degree College, Sprott-Shaw Community College (established in 1903) and Sprott-Shaw International Language College. These subsidiaries have a combined operating history of more than 136 years in China and Canada’s education sectors.
CIBT Education Group Inc. is also the exclusive licensee for the American Hotel & Lodging Association Educational Institute (ALHA-EI) and the Philippines and the WyoTech Institute. In addition, they own Irix Design Group. Irix is a leading design and advertising company based in Vancouver. CIBT also has academic or credit transfer agreements with non-profit universities in the United States, Canada, the United Kingdom, Australia, New Zealand and Malaysia.
One of the Company’s expansion models is to build a network of new CIBT Education Centers inside reputable government colleges or universities. After completing Phase 1, their Phase 2 plan is to have additional locations with the objective of having a CIBT Education Center in major Asian cities. The Company plans to build more full size campuses to accommodate their expansion plan into the technical and vocational education sectors, such as the health care sector.
Further to the above initiatives, they plan to acquire other state-owned colleges and transform them into private business colleges. CIBT has a continental-wide expansion plan to bring their presence into other Asian countries. These include South Korea, Thailand, Vietnam and the Philippines.
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