Abstract

The education sector is often criticized for the growing gap between what business needs and what education provides. This paper discusses an innovative use of tripartite public-private partnership (PPP) of the government, university and industry partners to design, build, operate and finance the delivery of the international trading program (ITP) in Nanyang Technological University (NTU) as a complement to the contracting model of government provision and university production of education. The program operation is institutionalized with a centre of excellence and its advisory board. A corporate partnership scheme provides the financial foundation and industry commitment to ensure program sustainability.

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