CIG and India's Invest Punjab Develop Programme to Enhance Investment Promotion Capabilities

PUNJAB (INDIA), 18 NOVEMBER 2020 — The Chandler Institute of Governance (CIG) is collaborating with India's Punjab Bureau of Investment Promotion (Invest Punjab) to design and deliver the Investment Promotion Skills Development Programme from 18 November to 22 December 2020. The virtual programme supports the enhancement of investment promotion and management strategies, and improves the ease of doing business in the State of Punjab.

More than 20 investment promotion sector officers from Invest Punjab will be attending the programme on a weekly basis for a period of six weeks. These officers are responsible for developing investment strategies, identifying new investor leads, and promoting Punjab’s attractiveness as an investment destination. The training programme is designed to equip the officers with the skills and competencies required for lead generation, investment promotion and investment facilitation.

The programme is helmed by CIG’s resource experts, Mr Sonny Tan and Mr Steven Yeo. Both Mr Tan and Mr Yeo were formerly from the Economic Development Board in Singapore, and have extensive experience in developing investment promotion strategies and policies.

Addressing the programme participants from Invest Punjab during the opening ceremony, Mr Sumeet Jarangal, Assistant Chief Executive Officer (ACEO), said:

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"I hope and I pray that this engagement which CIG and Invest Punjab is going to have over the course of time, is not only going to lead to investment for the State of Punjab, but ultimately bring about increased happiness and prosperity for every citizen of the State of Punjab.”

Mr Sumeet Jarangal

Assistant Chief Executive Officer of Punjab Bureau Investment of Promotion

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Ms Victoria Giaever-Enger, Lead Researcher and Head of Business Development, CIG, acknowledged the importance of having strong investment promotion skillsets in attracting investment for the state. She added:

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"Investment promotion and facilitation can help to increase both domestic and foreign investment and enhance their contribution to national economic development. As an investment promotion agency, Invest Punjab plays a key role in attracting these investments, and hence, it is essential for the officers to be equipped with the right skills.”

Ms Victoria Giaever-Enger

Lead Researcher and Head of Business Development, Chandler Institute of Governance

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This inaugural virtual programme collaboration between CIG and Invest Punjab is part of a bigger collaboration to enhance investment promotion and management strategies to drive investments into the State of Punjab, and falls under the Memorandum of Understanding (MOU) between the Government of Punjab and CIG.

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About the Chandler Institute of Governance (CIG)

The Chandler Institute of Governance (CIG) is an international non-profit organisation, headquartered in Singapore. We believe in a world where citizens have a deep sense of trust in their governments and public institutions, and where nations are governed by principled, wise leaders supported by an effective civil service. Trust and effective governance serve as a strong foundation for national development and prosperity. CIG supports governments in building government talent, leadership and public service capabilities through training programmes, research initiatives and advisory work. We are not affiliated with any national government or political party, and we do not represent any partisan or commercial interests. For more news and information, visit https://www.chandlerinstitute.org or follow CIG on Facebook, Twitter and LinkedIn @ChandlerINST

About the Punjab Bureau of Investment Promotion (Invest Punjab)

Punjab Bureau of Investment Promotion (‘Invest Punjab’) is a premier Investment promotion and facilitation agency which acts as a first point of contact for investors in Punjab. It is a multidisciplinary body for investment promotion, regulatory clearances, fiscal incentives and continuous industry engagement. Invest Punjab provides a dedicated Relationship manager to every investor for complete handholding and a single point of communication. As the nodal agency, the Bureau has also been entrusted with the responsibility to market Punjab as an ideal investment destination and to ensure a smooth transition of projects from proposal stage up to implementation stage and also offers aftercare services.

For more news and information, visit http://investpunjab.gov.in/ or follow Invest Punjab on Twitter @invest_punjab, and Facebook and LinkedIn @investpunjab

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For media clarifications, please contact:

Dominic GABRIEL (Mr)
Communications Manager
Chandler Institute of Governance
Email: Dominic.Gabriel@Chandlerinstitute.org

Wee Teng ONG (Ms)
Manager, Programmes and Partnerships
Chandler Institute of Governance
Email: weeteng.ong@Chandlerinstitute.org

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