http://www.edb.gov.sg/edb/sg/en_uk/index/news/articles/inter-agency-committee-launches-third-request-for-interest-exercise-for-foreign-system-schools.htmlInter-agency Committee Launches Third Request-For-Interest Exercise for Foreign System Schools
An inter-agency committee led by EDB launched the third Request-For-Interest (RFI) exercise for Foreign System Schools (FSS). RFI 2012 makes available four parcels of land, three of which - at Depot Road, Pasir Ris and Punggol, have a lease period of 30 years. The exercise was first launched in 2008, to provide a competitive process for FSS to obtain long-term land sites. Through the exercise, the government aims to increase the range of education options, and ensure sufficient FSS capacity, as such schools are seen as critical infrastructure for Singapore's continued competitiveness in the global business environment.
"As international businesses grow their activities in and from Singapore, we continue to see demand for places in international schools. The long-term land sites made available through the RFI will encourage FSS to invest in the necessary infrastructure and resources to deliver high-quality education options. This will contribute to strengthening Singapore's position as an attractive global city for investors to locate and grow their businesses." said Alvin Tan, EDB's Assistant Managing Director.
(FOR IMMEDIATE RELEASE)
3 April 2012
INTER-AGENCY COMMITTEE LAUNCHES THIRD REQUEST-FOR-INTEREST EXERCISE
FOR FOREIGN SYSTEM SCHOOLS
Such schools form important infrastructure for Singapore’s continued competitiveness
in the global business environment
1. An inter-agency committee, chaired by the Economic Development Board (EDB),
launched the third Request-For-Interest (RFI) exercise for Foreign System Schools
(FSS) today. Three land parcels at Depot Road, Pasir Ris and Punggol, each with a
lease period of 30 years, and one interim site at Bedok, available up to 31 December
2015, are being made available for FSS use.
2. The RFI exercise will increase the range of FSS options and ensure that there are
sufficient high quality FSS places available. Such schools are an important part of the
necessary infrastructure for Singapore to remain attractive as an operating base and
investment destination for international companies.
3. “As international businesses grow their activities in and from Singapore, we continue to
see demand for places in international schools. The long-term land sites made available
through the RFI will encourage FSS to invest in the necessary infrastructure and
resources to deliver high-quality education options. This will contribute to strengthening
Singapore’s position as an attractive global city for investors to locate and grow their
businesses.” said Alvin Tan, EDB’s Assistant Managing Director.
4. The RFI exercise was first launched in 2008, to provide a competitive process for FSS to
obtain long-term land sites. These are 30-year lease sites that are zoned for educational
use. In addition to new FSS entrants, the RFI exercise also provides an opportunity for
existing FSS occupying short-term premises to invest for the long term and enhance the
quality of their education offerings.
5. Since the introduction of the RFI exercise, the government has discontinued the price-
competitive tender of vacant state properties for interim use by FSS. Such properties will
only be tenanted to a FSS to increase its capacity while it is building on a long-term site.
6. Submitted proposals will be evaluated based on the quality of the proposal, the track
record of the FSS, its ability to meet market demand, as well as the financial ability of the
FSS operator.
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ABOUT THE EDB
The Singapore Economic Development Board (EDB) is the lead government agency for planning and executing
strategies to enhance Singapore’s position as a global business centre. EDB dreams, designs and delivers solutions
that create value for investors and companies in Singapore. Our mission is to create for Singapore, sustainable
economic growth with vibrant business and good job opportunities. EDB’s ‘Host to Home’ strategy articulates how we
are positioning Singapore for the future. It is about extending Singapore's value proposition to businesses not just to
help them improve their bottom line, but also to help them grow their top line through establishing and deepening
strategic activities in Singapore to drive their business, innovation and talent objectives in Asia and globally.
For more information on EDB, please visit
www.sedb.comFor media enquiries, please contact:
Ms. Tham Yen Hsiang
Business Marketing
Tel: (65) 6832-6077
Mobile: (65) 8499-8425
Email:
yhtham@edb.gov.sgANNEX A
2012 Request-for Interest for Foreign System Schools
1. This is a Request-for-Interest exercise, and does not constitute an offer of the sites
listed. The Singapore Government reserves the right to decide whether to proceed with
awarding the sites at the end of the exercise, and to vary the specifications of the sites at
its discretion.
2. Long-term sites available through the RFI exercise are zoned specifically for education.
This is unlike short-term sites tenanted to FSS, which will eventually be recalled by land
planning agencies for long-term development, the soonest being in 20151.
3. A FSS can consider taking up an interim site in addition to at least one 30-year lease
site. The interim site enables a FSS, which may be new to Singapore, to build up
capacity while constructing its permanent site.
4. Interested FSS are invited to submit proposals for specific sites, and may bid for multiple
sites. Interested FSS can collect a full set of tender information, available from 12 pm on
3 April 2012 up to 5pm on 2 May 2012 at:
Economic Development Board
250 North Bridge Road
Raffles City Tower, Level 18
Singapore 179101
5. A closed-door briefing will be held for all interested parties who are keen to learn more
about this initiative and who may wish to participate. Details of the briefing are as
follows:
Date : 16 April 2012
Time : 10.30 a.m.
Venue : Mochtar Riady Auditorium, Singapore Management University
Interested parties should register by emailing Ms Clare Cheng at
clarec@edb.gov.sg.
6. Participating FSS should ensure their proposals are received by 2 July 2012 at 5:00pm.
Only shortlisted FSS will be notified to attend interviews by the Committee. The
interviews are expected to be held in Singapore between July and August 2012.
7. Site details for RFI 2012 are as follows:
1 To facilitate a smooth transition for FSS on short-term sites, the government will ensure sufficient
advance notice is provided to affected FSS, and where necessary, provide assistance for students in
affected FSS.
Option Property(s) Tenure / Lease Period Estimated Land Area (ha) Estimated Gross Floor Area (sqm)
Property #1:
“Lots 2659P-PT, 1243T-PT MK 29 at Pasir Ris Drive 3” -- 30-year-lease site 30 years 5.00 N.A
Property #2:
“Lots 2253W-PT, 2257A-PT MK 21 at Punggol Field Walk” -- 30-year-lease site 30 years 3.75 N.A
Property #3:
“Lot 3453L-PT MK 1 at Depot Road” -- 30-year-lease site 30 years 1.74 12,575
Property #4:
“Former ITE Bedok, 71 Chai Chee Street” -- interim site Available till 31 December 2015 4.88 23,196
Note:
1. Property #4 is only available on an interim basis. The schools should be prepared to relocate
to the purpose-built campuses on properties #1, #2 and #3 after the tenancy of the interim site
ends.
2. The areas and boundaries as shown for Properties #1, #2, #3 and #4 are approximate. The
exact boundaries are subject to further refinement by the land authorities prior to any official
offer of sites.
For RFI enquiries, please contact:
Ms. Lin Yiting
Human Capital Division
Tel: (65) 6832-6396
Email:
yiting_lin@edb.gov.sgANNEX B
Factsheet on the Request-for-Interest (RFI) exercise for Foreign System Schools
(FSS)
Q: When was the first RFI held?
A: The RFI exercise was first launched in 2008. The second RFI exercise was held in 2010.
Q: Who are the winners so far?
A: Cognita was the RFI 2008 winner and established the Stamford American International
School. Dulwich won RFI 2010 and is projected to commence operations in 2014.
Q: How many sites have been offered under previous RFIs?
A: A total of 12 sites have been offered under the previous two RFIs. These include seven sites
in the RFI 2008 exercise, and five sites in the RFI 2010 exercise.
Q: Who sits on the RFI Evaluation Committee?
A: Chaired by the EDB, other members of the RFI evaluation committee include the Council for
Private Education (CPE), Monetary Authority of Singapore (MAS), Ministry of Education (MOE),
Ministry of Trade and Industry (MTI), National Population and Talent Division (NPTD),
Singapore Land Authority (SLA), and Urban Redevelopment Authority (URA).