According to the Myanmar Investment Commission (MIC), the International Language & Business Center (ILBC) has been permitted to invest USD 52 million to provide private educational services in Yangon, Mandalay, Nay Pyi Taw. ILBC has 30 campuses in 9 major cities in Myanmar providing preschool, kindergarten, primary school, secondary school curricula as well as English proficiency courses. The overall student population amounts to 13,000. Eight of the schools are in Yangon with 2,500 students. It is planning to launch its new campuses in April next year.