A financial entity set up by CIBT Education Group in Canada has bought and demanded full repayment of $12.3m of debt owed by the troubled education provider KGIC, triggering a sequence of events that is likely to lead to its sale of KGIC in a matter of weeks.
Growing China-and-Canada based company, CIBT Education Group, has announced plans to build a Global Education City (GEC) in downtown Vancouver, Canada. The real estate project will offer campus space for education providers, student accommodation and immigration consulting services.
The last few years have presented the international education sector with significant challenges, but the continuing demand has kept most businesses buoyant and growth on the agenda. The PIE takes a look at a selection of the key players in language, pathways and higher education that are navigating through somewhat turbulent times.