CIBT Expands Project Management Training to New Markets in China
CDNX Symbol: CPT
VANCOUVER, Nov. 1 /CNW/ - Capital Alliance Group Inc. and its subsidiary -
CIBT Canadian Institute of Business and Technology Corporation ("CIBT") -
announces that CIBT and Project Management Institute, Beijing Chapter ("PMI")
will jointly deliver Project Management training under an agreement with the
Shandong Provincial Government Employee Education Office.
According to the agreement, CIBT and PMI will each contribute program
curriculum and provide qualified instructors. The first seven-day session will
begin in December 2001 and will target project managers at many of the largest
state-owned companies in the Chinese province of Shandong. This project marks
the first time the Project Management program has been offered outside of
Beijing.
Shandong is one of China's most populous, rapidly developing and
economically productive provinces. Over the first five months of 2001, foreign
contractual investments in Shandong totaled US$2.11 billion, representing a
23% increase over same period the previous year. Additionally, over the past
several years the province has attracted many of the world's largest
international corporations. China has a population of 1.3 billion and is one
of the world's largest economies, growing at 8% per year. According to Yahoo
News, China will join the World Trade Organization at its annual ministerial
meeting this month, which promises to make China a more open nation and create
thousands of new jobs.
"We are delighted to be working with PMI, an American-based professional
association recognized globally as the distinguished leader in Project
Management standards, education and certification," said CIBT president
Charles Chen. "Delivering this program directly to the Shandong Provincial
Government, with more than 10 million employees, provides us with a market of
considerable size. Additionally, partnering with a local government gives us
an important foothold in another region of China and positions us for future
growth based on the growing demand in China for project management skills."
Founded in 1969 and headquartered in the United States, PMI today is the
world's leading not-for-profit project management professional association,
with over 80,000 members in 125 countries worldwide. PMI operates numerous
programs, including professional standards, certification, research,
publications, education and training. PMI chapters around the world advance
its mission and objectives by promoting project management professionalism
within local businesses, universities and professional organizations in the
chapter area.
About CIBT
CIBT Canadian Institute of Business and Technology Corporation is a
leading provider of educational services in China through its three campuses
in Beijing. Its mission is to deliver a broad range of academic and career
training programs through a network of training facilities throughout Asia and
via the Internet. CIBT is among the first institutions in China to receive
official approval from the Academic Degrees Committee of the State Council to
award foreign MBA degrees. The Academic Committee of the State of China
recognizes CIBT as one of the top ten foreign-owned MBA providers in China.
Through its partnership with City University of Washington State, CIBT has
received a Letter of Commendation from the Northwest Association of Schools
and Colleges for the academic integrity of its MBA program. CIBT's other
partners include the Beijing Polytechnic University and distinguished
international universities including La Trobe University in Australia,
University of Portsmouth in the UK, Royal Roads University in Canada,
Assumption University in Thailand and Schiller International University in
Switzerland. Major sponsoring corporations of CIBT's training programs include
KPMG, Bank of China International and NASDAQ International.
On Behalf of the Board of Directors of
CAPITAL ALLIANCE GROUP INC. & CANADIAN INSTITUTE OF BUSINESS & TECHNOLOGY
CORP.
"Toby Chu"
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Toby Chu
President and C.E.O. |
