On October 15, 2022, Rising Capital’s Indonesian subsidiary, Indonesia Education Development Group, signed a Memorandum of Understanding for academic cooperation with Kalbis Institute in Jakarta. This agreement marks the beginning of comprehensive collaboration between the two parties in academic research, educational resource sharing, and international educational cooperation, representing a significant step for the company in advancing international educational partnerships.
This collaboration aims to deepen cooperation in higher education. According to the terms of the Memorandum of Understanding, Indonesia Education Development Group and Kalbis Institute will jointly undertake academic research projects, co-develop innovative curricula, facilitate faculty and student exchanges, and co-host various academic conferences and seminars. Through this partnership, both parties hope to strengthen Indonesia’s influence in the international academic community and promote closer connections between the ASEAN region and the global educational sector
Dr. Xue Ruiteng, Chairman of Rising Capital, stated, “The signing of this Memorandum of Understanding is yet another milestone in our efforts to contribute to the modernization and internationalization of education in Indonesia and the ASEAN region. Through our collaboration with Kalbis Institute, we aim to foster the development of more innovative talents, enhance the optimal allocation of educational resources within the region, and lay a solid foundation for future international educational cooperation.”
The President of Kalbis Institute in Jakarta also expressed strong appreciation for the partnership, saying, “Kalbis Institute has always been committed to providing students with an international learning experience. This collaboration with Indonesia Education Development Group will offer us more opportunities to promote mutual progress in academic research and educational innovation. We believe this partnership will yield fruitful results.”
The signing of this Memorandum of Understanding marks not only a new starting point for mutual development but also provides new opportunities for educational cooperation in Indonesia and the ASEAN region, promoting cultural and educational exchanges between China and Indonesia. In the future, both parties will engage in more diverse and substantive collaborations in the field of education, contributing to the advancement of global education
