Site is targeting to fully launch the program by the end of CY2017, with a target of 300‐500 students to contribute revenues of $4‐6 million during CY2018.
The programme, which Site has been developing over the last 18 months will assist university engineering students to achieve professional experience stipulated by accredited engineering programmes.
The programme is designed to provide students with professional experience by utilising Site’s live training environments, such as the Safe Live Process Plant and Underground Mine.
Initially the program will be available at Site`s Clark, Philippines facility as well as with its partner Uniteam in Myanmar.
The programme is intended to be offered later in Papua New Guinea and other countries giving graduates the opportunity to travel and work abroad in a focussed, industry aligned environment.
Site has secured a large multinational Oil and Gas company and an overseas university to commence a first cohort of the programme, to be delivered in Myanmar utilising Site’s Safe Live Process Plant.
The company is also in discussions to run programmes in the Philippines, Papua New Guinea and Myanmar for engineering students from countries such as the U.S.
Furthermore, Site is exploring the Australian domestic student market.
Interestingly, there were over 52,700 domestic and 20,300 international students presently enrolled in accredited bachelor level engineering programmes with Australian universities.