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  • 7 Prestigious Schools in Korea and Elsewhere Apply as Founder and Operator Candidates of Gaepo Foreign School

  • Integrated News SMG 4050

    The Seoul Metropolitan Government said a public bid to select the founder and operator of Gaepo Foreign School has received project applications from seven schools in Korea and from foreign countries, including the U.S., Britain, Finland, and Singapore. The school will be constructed on the 16,078 sq. meter property at Gaepo-dong 153, in Gangnam-gu, Seoul.

    Site of Gaepo Foreign School

    Gaepo Foreign School, which will include kindergarten, elementary, and middle and high school programs, will have over 800 students. The project will start in May of next year, with the slated inauguration of the school having been set for, September 2013. The city government held a public bid from June 13 to August 18 to recruit the founder and operator of the school.

    Schools that submitted application are seven institutions, namely Ellesmere College of the U.K., Eton House of Singapore, Manchester Grammar School of the U.K., the Waterford School of the U.S. Jyväskylä Lyceum of Finland, Brighton College of the U.K., and the Seoul European School. (※chronological order of application)

    The city’s government will form an assessment committee that is comprised of the heads of foreign communities; Seoul City Council members; and professionals from the legal, accounting, construction sectors and foreign schools, and will choose three to five schools in September’s phase one screening process.

    Afterwards, judges will visit the schools that passed the initial screening, in person, in October, and will conduct onsite due diligence, before singling out two to three schools as preferred negotiating partners, after a general assessment.

    Meanwhile, Gaepo Foreign School will provide school property to the selected operator through the method of, “property lease on rent,” and the operator will be required to mobilize the construction costs.

    In September of last year, Seoul Metropolitan Government inaugurated the, “Dulwich College Seoul” in Banpo-dong, and will open The Dwight School of the U.S. in Sangam-dong DMC in the September of next year.