101.   But union leaders fear private institutions would be more concerned about making a profit than meeting pension commitments.

102.   Coanil is a private institution but gets some financial support from the government.

103.   Education Minister John Snobelen has said his main objective in the overhaul is to ensure that the system remains competitive with private institutions and runs efficiently.

104.   Fong said his Ministry was making necessary arrangements for local private institutions to offer twinning programmes to enable students to complete part of their courses locally.

105.   For private institutions, only Bumiputera students can apply for loans from the fund.

106.   For private institutions, the state would cover a third of the debt, leaving the rest to the college to pay from its tuition or endowment sources.

107.   For instance, private institutions of higher learning which offer degree programmes must have lecturers with a masters or PhD qualification.

108.   He added that he was also unaware of students applying directly to the private institutions.

109.   He added that the students would be placed in private institutions of higher learning, including Universiti Telekom, Universiti Petronas and others.

110.   He did not elaborate, but the number of private banking institutions and cases of corruption has greatly increased since Romania began moving toward a free market economy.