School in $80m loan fund bid

About $80 million is being sought from a government loan fund to pay for part of an extension to the French International School in Blue Pool Road, Happy Valley.

The extension will allow the school to handle 550 secondary students by September 1997, and 750 secondary students by September 2003.

It will provide the secondary section of the school with 46 additional teaching rooms, a physical education hall, a dining room, covered play areas and a garage.

The Director of Education recommends that the maximum loan under the direct subsidy scheme be made available to the school.

The capital assistance loan will be interest-free and repayable over 10 years.