A multi-million-pound deal has been secured for the North Wales private school after Prime Minister Theresa May’s trade delegation visited China.
The private school, which is located in Denbigh has secured a multi-million-pound investment from the Asian nation.
The announcement follows the Prime Minister’s visit to China last week, with Myddelton College and its sister school
Mark Coggins, who represented Myddelton College, and James Hu, CEO of world-leading international education specialists Ray Education, entered into a formal investment deal in the presence of Secretary of State for International Trade Mr Liam Fox.
The two institutions were put forward for this investment by the Department for International Trade, but the exact figure of investment is not known.
Mr Coggins said the new investment and strengthened international links would see Myddelton College go from strength-to-strength, benefitting both its students and the local community.
He said: “We are very committed to high-quality innovative education and the investment will be used to improve the student experience, facilities and the high teaching standard in both schools.
“This will create more jobs in the local community as we add to our teaching and support staff.”
Myddelton College’s headteacher Mark Roberts added: “I am thrilled about our new business relationship with Ray Education.
“It further expands our international links and will bring many benefits to our campus at Myddelton and also to the wider community in North Wales, including jobs and significant investment in the resources at the College.”
Myddelton College opened in September 2016 following the closure of the former Howell’s School three years earlier.
The college takes its name from the Myddelton family who, dating back to the 15th Century, were eminent figures in the history of Denbighshire and Wales.
Richard Myddelton was a prosperous wool merchant and governor of Denbigh Castle, while his son, Sir Henry Myddelton, was an entrepreneur and engineer.
Another of his sons, Thomas Myddelton, was Lord Mayor of London in 1613 and was one of the richest men in the kingdom when he died in January 1667.