The government of Maldives has signed agreement with Shri Educare to privatise Ghiyasuddin School.
The agreement was signed on behalf of the government of Maldives by Education Minister Dr Musthafa Luthfee while Mr Karikeya Bharat Ram signed on behalf of Sri Educare Pvt Ltd.
Speaking at the agreement signing ceremony held this morning at the President's Office, President Mohamed Nasheed reiterated the government's long-term ambition to dramatically improve the state of education in the Maldives.
He added that the government's aim was for at least 60 per cent of student who finish school to pass all their exams with higher than C grades.
Stating that Ghiyasuddin School was the first school to be privatised under the government's public-private partnership policy, the President said that more such schools would be established in the Maldives.
The President added that he was confident that such partnerships would improve the quality of education, make schools more efficient and give parents a choice of different schools.
Speaking at the function, Education Minister Dr Musthafa Luthfee said that privatisation of schools would provide more choices to parents and increase competition within the system.
Minister of Civil Aviation and Communcation, Mr Mahmood Razi and Kartikeya Bharat Ram from Sri Educare Pvt Ltd also spoke at the function.