Malaysia’s growing private education sector may be set for a round of consolidation, as local players use fast growth as a means to build reputations and compete with stronger internationals in the area.

Education has been identified as one of the National Key Economic Areas (NKEAs) and Malaysia is busy positioning itself as a stable, safe and relatively cheap place for overseas students to study. Already the world’s 11th largest exporter of educational services, there are currently 90,000 international students from over 100 countries studying at its schools, colleges and universities. The government is counting on increased demand for quality education from students in new markets like the Middle East, China and Africa.

Malaysia-based branch campuses of big name Western institutions are competing with locals like Sapura Resources, SEG International Bhd, Help International Corp Bhd and Masterskill (M) Education Group Bhd. Some of these companies have already acquired smaller players, and many expect them to merge further with each other, link up with larger internationals, or form education networks to pool resources and offer a wider variety of study choices.

Some Malaysian institutions have also branched out overseas, such as Universiti College Sedaya with its campus in Indonesia, and Limkokwing University in London.

source & article: Bernama via Business Times