[SaigonTimes] Khoi Nguyen invests VND1.5 trillion in school system in HCMC

[SaigonTimes] Khoi Nguyen invests VND1.5 trillion in school system in HCMC

HCMC – After 10 years of operation, Khoi Nguyen Education Group, investor of the Canadian International School system, has invested VND1.5 trillion into building campuses in HCMC.

Nguyen Thi Kieu Oanh, chairwoman of Khoi Nguyen, told The Saigon Times today, September 13, that the group’s expenditure on constructing campuses for the education system, from kindergarten to senior high school levels, totaled VND1.5 trillion, inclusive of charges for renting land and constructing facilities.

The newest campus financed by Khoi Nguyen is the Canada-Vietnam Kindergarten, located on Street No. 23 in the Phu My Hung urban area in District 7. The group spent VND295 billion on building the campus, which offers students the best facilities for their comprehensive educational development.

The Canada-Vietnam Kindergarten started operations in the 2018-2019 school year, admitting 350 students, including those previously studying at the Binh Chanh campus.

At full capacity, the school can receive up to 630 students, aged one-and-a-half years to under six years.

“We have yet to recoup the investment capital but will continue to expand the system,” Oanh noted, adding that investment in education is a long journey and the group will continue to pursue it.

Khoi Nguyen will invest another VND220 billion to build additional facilities to serve students and the public in the future, according to Oanh.

The group is expected to initially build a makerspace, where students can gather to invent, create and learn, and a multipurpose sports stadium at the Canadian International School, with total investment capital of VND100 billion.

The Canadian International School system currently has a few campuses in HCMC’s Binh Chanh District and District 7, including the Canadian International School, the Bilingual Canadian International School, the Canada-Vietnam Kindergarten and Albert Einstein School.

By Minh Tam - Saigon Times