IT'S A DEAL ... Yeoh (left) and Lipman after signing the agreement in
Adelaide. - Bernama photo |
MELBOURNE: Malaysia's YTL Corporation has signed a joint
venture agreement with the International College of Hotel Management (ICHM) in
Adelaide.
Datuk Mark Yeoh Seok Kah, executive director responsible for YTL's Hotels and
Resorts Division, flew to Adelaide from Kuala Lumpur for the signing, which took
place at the Adelaide Town Hall on Tuesday.
YTL Corporation is part of the YTL group, one of Malaysia's leading integrated
infrastructure conglomerates.
The group is owner and developer of prime hotels and resorts in the region,
including the JW Marriott and Ritz Carlton Hotels in Kuala Lumpur, the Vistana
chain and major resorts in Malaysia, including the exclusive Pangkor Laut and
Tanjung Jara.
It is also the major investor in the Eastern and Oriental Express.
Under the agreement, YTL ham licence to deliver the first two years of the ICHM
program in Malaysia.
Students who wish to continue for a third year and complete the Swiss Hotel
Association International Hotel Management Diploma, will do so in Adelaide at
the college's Regency Park campus.
They can also go on to the ICHM degree on campus or on-line. ICHM has similar
successful arrangements in place in South Africa, Japan, Taiwan and China.
According to ICHM chief executive, Gerald Lipman, as a result of these
agreements ICHM has more students studying offshore than in Australia.
"On campus in Adelaide we can boast full enrolment, with around 80 percent of
our students coming from overseas, including North and South America, Europe,
Canada and Asia.
Lipman said that with its joint venture agreements, such as with YTL, ICHM looks
beyond purely financial return to the flow-on benefits for ICHM and its students
and graduates. - Bernama
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