FIVE new international schools will be needed by 2000 if the economy remains attractive to overseas investors and emigrant returnees, a government review has found.
But the forecast growth could be shaken by political instability or a downturn in foreign trade.
The Executive Council is expected to discuss today the review and recommendations on the funding policy and demand of international schools.
Survey Research Hong Kong was commissioned to study demand for places at international schools. The study surveyed all 40 schools with non-local curricula, including 2,500 families and 1,500 companies.
The economic indicator or Gross Domestic Product (GDP) at current prices was found to be the most significant determining factor in predicting the demand for places. Other factors included the number of expatriates and emigrant returnees.
The survey report said the demand for international school places this year was estimated to be 24,589, rising to 32,813 in 2000. That represents a slight drop in the average annual growth rate over the past 10 years.
