CIBT Education Group Inc. (AMEX: MBA), an education management and investment company, has its primary focus on the global education market. Through its three subsidiaries, the company possesses a combined operating history of more than a century in China and Canadaâ€™s education sectors. CIBT currently owns and operates a network of 45 business and language colleges with a presence in Canada, China, Vietnam, Jordan and the Philippines.
The company offers business and management degree programs, automotive, and diesel maintenance programs, IT programs, and career/vocational programs through its global network of campuses. CIBT has established aggressive plans for expansion designed to create more than 50 additional teaching locations in China by next year, with plans for additional schools in South Korea, the Philippines, Thailand, Malaysia, India and other parts of Asia.
CIBTâ€™s plan to expand into other Asian markets utilizes a â€œSpoke & Hubâ€ model with a regional full-size campus servicing CIBT Centers which reach into various Asian markets. The Hubs will also accommodate the companyâ€™s plans for growth in technical and vocational sectors such as hotel management, construction trades management, multimedia animation and film production. CIBT has also told of plans to acquire other state-owned colleges and transform them into private businesses or career colleges.
The company aims to create a massive distribution network for its educational services, solidify its footprint in China and build momentum to expand across Asia. In view of its past success, CBIT has much to be proud of as it remains focused on the future with ambitious plans to become a global leader within one of Asia’s fastest growing sectors.