Capital subsidiary to provide e-commerce training
Thu 6 Sept 2001
News Release
Mr. Toby Chu reports
Capital Alliance Group's subsidiary, CIBT Canadian Institute of Business
and Technology Corporation, has entered into an agreement to provide
education services to the Chinese government's Ministry of Foreign Trade.
CIBT has been contracted to provide e-commerce training to the division of
the Ministry of Foreign Trade, which is responsible for establishing
on-line trading policies as well as co-operation with foreign government
organizations. The agreement also calls for project management, English and
computer training services to be provided at a later date.
Charles Chen, president, CIBT, China, states, "We are very excited about
the significance of this relationship with the government as it is the
first time that this ministry has hired a non-Chinese university to provide
employee training."
CIBT also recently launched its innovative "2 + 2" transferable degree
program. This program is specifically designed to provide students who
travel to foreign countries with the opportunity to continue their
education abroad. After completing the initial two years of the program in
Beijing, students can now apply to complete the final two years of their
studies at one of a number of affiliated campuses around the world. These
campuses include: Royal Roads University in Victoria, Canada; La Trobe
University in Melbourne, Australia; Assumption University in Bangkok,
Thailand; the University of Portsmouth in Portsmouth, United Kingdom; or
the Schiller International University in Leysin, Switzerland. Additional
international affiliate schools will be announced in the near future.
Following a government-sponsored inspection by Academic Committee of the
State of China, it has been recognized as one of the top 10 foreign-owned
MBA providers in the country.
"With impending entry of China in the World Trade Organization, along with
the awarding of the 2008 Summer Olympics to Beijing, CIBT is repositioning
itself to take full advantage of the significant and emerging business
training opportunities in the service industry as well as the tourism,
transportation, logistics and information technology sectors. Our recent
efforts to significantly enhance and expand our business English program
will assist us in meeting the demands of this rapidly growing market. We
are confident that our reputation and range of course offerings provide us
with a solid foundation for future growth," said Toby Chu, Capital Alliance
Group's president and chief executive officer. |
