STI Education buys maritime school

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STI Education Holdings Systems, Inc. has acquired Mandaluyong-based maritime school NAMEI Polytechnic Institute, as the company recognizes the growing demand for seafarers around the world.

In a statement issued Tuesday, the listed firm said its unit STI Education Services Group, Inc. (STI ESG) has purchased the school that specializes in courses in Maritime Transportation and Marine Engineering and Naval Architecture.

“It is an opportunity for us to introduce exciting changes and transform NAMEI into an educational powerhouse whose students will bring pride not only to their alma mater but also to the country,” STI President and Chief Operating Officer Peter K. Fernandez said in a statement.

Following the acquisition, STI ESG said it will establish information technology programs for maritime education to keep up with the demands in the seafaring industry, such as networking and communications, cybersecurity, and IT maintenance and services.

STI ESG is also exploring options to team up with crew companies in the world where hospitality and culinary students can have their training.

NAMEI will hold classes at the new STI Academic Center Sta. Mesa, along P. Sanchez Street in Sta. Mesa, Manila.

The 10-storey building, which sits on a 3,691-square meter property, can accommodate up to 9,000 senior high school and college students. It will begin operations for academic year 2019-2020. — Arra B. Francia