Business New Brunswick

Four contracts signed between New Brunswick and Chinese companies (08/11/03)

NB 1623

Nov. 3, 2008

BEIJING, China (CNB) - Four project contracts worth more than $85 million were signed today between New Brunswick companies and their Chinese partners. Premier Shawn Graham joined company officials for the signings.

"We have come to China to increase trade and find new partnerships for our New Brunswick delegation participants," said Graham. "With the signing today of four new contacts, we are clearly having great success. These contracts will create new jobs for New Brunswickers, and will help our New Brunswick companies be more successful. The partnerships being forged between New Brunswick and China will help move our province toward its goal of self-sufficiency by 2026."

The signing of contracts involving CANLink Aviation Inc., the Moncton Flight College, and Atlantic Education International Inc. followed meetings with senior Chinese political leaders to promote the expansion of trade and investment between Canada and China.

Moncton Flight College and Beihang Flight College agreed to a five-year, $65-million flight-training program from 2009-14. The agreement will create 20 jobs in New Brunswick, and will help maintain more than 60 jobs currently in place at the Moncton Flight College.

CANLink Aviation Inc. of Saint John signed a $500,000, two-year agreement with Beihang University to provide specialized English-language support in the field of aviation. The agreement will create 10 jobs in New Brunswick.

Atlantic Education International signed a five-year, $10-million agreement with AKD International Inc. New Brunswick will provide the curriculum and support to schools in China. A second agreement was signed between AKD International Inc. and Wuhu Education Board to establish a new school in Anhui province that will also use the New Brunswick high-school curriculum. The total value of this project is $10 million.

Graham has joined delegations from the provinces of Ontario, Quebec, Manitoba and Prince Edward Island to lead a group of more than 100 business, research and educational institution representatives. There are 13 representatives from New Brunswick who will meet with their Chinese counterparts to discuss and initiate new projects between China and Canada.

Beijing is the first stop in a three-city mission aimed at exploring business and market opportunities.

Background information containing details of the agreements follows.

08/11/03

MEDIA CONTACTS: Ryan Donaghy, communications, Business New Brunswick, 506-453-2694; Marie-Andrée Bolduc, Office of the Premier, 506-444-2286.

Contract details

The following New Brunswick companies signed agreements in Beijing, China, on Monday, Nov. 3:

Atlantic Education International signed a five-year, $10-million agreement with AKD International Inc. New Brunswick will provide the curriculum and support to schools in China. At graduation, Grade 12 students who have met New Brunswick graduation standards will receive Chinese and New Brunswick high-school diplomas. The first such agreement was signed in 1997. Since then, more than 2,000 students each year attend New Brunswick-supported schools in China. The partnership has also allowed more than 200 Chinese students to attend classes in New Brunswick each year.

A second agreement between the two institutions will see AKD International Inc. invest $10 million to create a new school in Shenyang/Zhengzhou that will also use the New Brunswick curriculum.

CANLink Aviation Inc. of Saint John signed a $500,000 agreement with Beihang University to provide specialized English-language support in the field of aviation, and help the university senior pilots work at the ICAO Training and Testing Centre for three-month durations. The agreement will last two years, and will create 10 jobs in New Brunswick.

Moncton Flight College and Beihang Flight College agreed to a five-year flight-training program from 2009-14. Moncton Flight College will train Beihang University's student pilots to Civil Aviation Authority of China's commercial standard during a one-year program at Moncton Flight College's campuses in Moncton and Fredericton. The majority of these new pilots will begin careers with China Southern Airlines at the conclusion of their training. This $65-million agreement will create 20 jobs in New Brunswick, and will help maintain more than 60 jobs currently in place at Moncton Flight College.

08/11/03