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NEWS & MEDIA
Chiway Education and China Overseas join hands for a model of “Education + Real Estate”
The bidding for the No.20 plot of Gaoxin District in Changsha was officially opened on April 24th, 2020. It attracted huge attention from many established real estate companies and education enterprises because the plot location is in a relatively developed area where a high-end private bilingual school is required to be built. In the end, China Overseas Property won the bid together with Chiway Education as the operating partner. The two parties will work together to build a high-end private bilingual school catering to students from the ages of 3 to 18.
Chiway Education has signed a cooperative agreement with China Overseas Property and China Overseas Education to introduce a new model of “Education + Real Estate” so that to improve the sharing of high-quality resources and give full play to their leading roles in the respective fields. The cross-boundary cooperation will further integrate the edges, resources and talents in order to share and enhance each other’s advantages, exploring and contributing to real estate innovation as well as education revolution.
China Overseas is a subsidiary of China State Construction Engineering, China's largest construction company. Founded in 1979, it has 41 years of experience in real estate development and operations management. It has formed three major business units: residential development, urban operations, and creative design & modern services. Its business covers more than 70 cities in mainland China as well as Hong Kong and Macao, with the overseas market covering the United States, the United Kingdom, Australia, Singapore, etc.
Chiway Education has over 20 years of experience in education investment and management. As one of the earliest practitioners of private education in China, Chiway Education is a leader in termsof both scale and strength. It has established more than 10 international bilingual schools as well as schools and nursery schools for children of foreign workers. Upholding the concept of “Chinese Origins, Global Originality”, Chiway Education maintains its advantages in cultivating international talents in order to meet the increasing needs for high-quality international education with Chinese characteristics.
With the rapid growth of globalization, there is a rapid surge of needs for international talents andan increase in the development of international schools. Chiway Education has accelerated the practice for the internationalization of education by putting forward the new concept of International Education 3.0 and by creating two featured brands, namely, Overseas Chinese Academy of Chiway and Walton Foreign Language School. In addition, Chiway Education has co-established the Chiway Repton School Xiamen with the Repton School in UK who has a history of nearly 500 years. Schools established by Chiway Education are distinguished and influential in the local area, among them are: the Overseas Chinese Academy Suzhou, the Overseas Chinese Academy Wuxi, the Walton Foreign Language School Taicang, the Walton International School Xuzhou, the Hefei World Foreign Language School, etc.
Among these schools, Chiway Repton School Xiamen is located at the core area of Maluan Bay in Jimei District of Xiamen. It is set to open on September 2020 and will cater tostudents from the ages of 3 to 18. This high-end international school adopts the rich experience of the 500-year-old UK’s Repton School, while at the same time promoting the school concept of Chiway Education which is, “Chinese Origins, Global Originality, Promote the Supreme Good, Excel in the Future”. By providing and integrating the best of Western and Chinese education, it will become a world-class school encouraging innovative abilities and cultural heritages.
In addition, a new Overseas Chinese Academy of Chiway will be built in a demonstration area in the Yangtze River Delta. The school that is located in the Fenhu Economic Development Zone of Suzhou will be under construction very soon and will open in September 2022.
The project in the Gaoxin District of Changsha stands for a new chapter of cooperation between Chiway Education and China Overseas. In the future, cooperation of this kind will improve on to a larger scale, depth and level. We look forward to the establishment of more schools under this new model.