(Alliance News) - Myanmar Strategic Holdings Ltd said on Friday said it is planning the opening of a fourth Wall Street English language centre in Myanmar.
The new centre is expected to open by January 2020, and will be located in central Mandalay, Myanmar's second-largest city, with capacity for 800 students.
As of March, Wall Street English in Myanmar currently serves around 1,400 students across three centres.
Chief Executive Enrico Cesenni said: "This fourth centre is a true testament to the success of the three centres operating in Yangon and delivering internationally recognised standards of education, and to the strength of the on-going partnership with Wall Street English."
"This fourth centre opening also marks an expansion of the Wall Street English brand in Myanmar, with this being the first centre opened outside of Yangon. With economic growth forecast to remain robust in Myanmar, the board believes that it is right in targeting popular areas, such as Yangon and Mandalay," Cesenni added.
Myanmar Strategic shares were untraded at USD10.25 in London on Friday.