Pegasus Vietnam to implement Outward Bound Vietnam with BIDV aid

Chairman of KinderWorld Education Group Ricky Tan (left), and BIDV Binh Dinh director Nguyen Quang Dong at the contract signing ceremony

This strategic co-operation between two organisations further strengthens the development of the unique outdoor educational project Outward Bound Vietnam.

Located at Tan Thanh Tourism Zone—part of the province's Nhon Hoi Economic Zone—Outward Bound Vietnam is part of the Pegasus Intergrated Education and Eco-tourism Development project with a total area of 60.86 hectares and three development phases.

As part of the Outward Bound International network with 38 member countries worldwide, Outward Bound Vietnam hopes to inspire young people to be responsible to society, the community, and the environment through a holistic learning and development model adhering to the highest standards of training and security of all Outward Bound schools.

In addition, the project will be developed with the combination of an eco-tourism and wellness centre to provide comprehensive services to customers, including families and business organisations.

The plan for Pegasus Intergrated Eco-tourism Development in Binh Dinh

Ricky Tan, chairman of KinderWorld Education Group, shared that as part of the corporate social responsibility initiative to support the development of local youth and students, Outward Bound Vietnam has committed to offering 100 training scholarships for Cat Hai Secondary School students and Binh Dinh Youth Union.

Moreover, KinderWorld Education Group commits to investing VND500 billion ($22.01 million) into the province through the establishment of Pegasus Integrated Eco-tourism Development and Singapore Vietnam International School (SVIS).

The implementation of the eco-resort component will commence in April 2018. KinderWorld looks forward to receiving support from local authorities and the continued collaboration with BIDV in this upcoming venture.

In Vietnam, KinderWorld plans to develop several Outward Bound Vietnam campuses in Hanoi, Vinh Phuc, Quang Ninh, Quang Tri, Danang, and Binh Dinh. Particularly, the project in Binh Dinh commenced operation in 2016 offering a variety of courses for students, the local Youth Union, and internal training for the group's employees.

In 2018, Outward Bound Vietnam plans to expand its training programmes to participants from Singapore, including Outward Bound Singapore, Republic Polytechnic, Hwa Chong Institute, and National Trade Union Congress of Singapore (NTUC)—a union of 58 affiliated organisations, two associations, 10 social enterprises, and 6 organisations with about 900,000 members.

Nguyen Tuan Thanh, Deputy Chairman of the Binh Dinh People’s Committee expressed great hopes for the project

Speaking at the ceremony, Nguyen Tuan Thanh, Deputy Chairman of the Binh Dinh People’s Committee, emphasised that Outward Bound Vietnam contributes greatly to both education and tourism in Binh Dinh. He strongly believed that this sponsorship is an important milestone marking the progress of the project and expressed the province’s commitment to creating a favorable environment for investors.

Outward Bound Vietnam is hoped to promote provincial tourism and education in equal measures

Nguyen Quang Dong, director of BIDV Binh Dinh, said that as a pioneer in consulting and supporting foreign invested enterprises in investing in the province, BIDV Binh Dinh is willing to co-operate and commit to meeting the demand for credit and banking services of Pegasus to implement Phase 1 of Outward Bound Vietnam.

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