Group photograph taken at the Lao-Singapore Training Centre during the closingceremony of the Privatisation and Financial Reforms course, Vientiane, Mar 9
(KPL) The Singapore Ministry of Foreign Affairs funded a five-day training course on “Privatisation and Financial Reforms” for 26 Lao government officials from February 20 to 24, 2017.
The course, which was held at the Lao-Singapore Training Centre, was conducted by Mr. Chan Wei Siang of the Singapore-based company, International Business Dynamics, according to a press release from the Vientiane-based Singaporean Embassy on March 9.
Through a mix of lectures and class exercises, the course aimed to give participants an international perspective of the trends and challenges in privatisation and financial reform and the implications they can have on a country. Participants were also exposed to various case studies on how countries undergo privatisation and financial reform. In addition, participants gained insight into the critical thinking required for companies to plan for privatisation and financial reform.
The course was conducted pursuant to the Initiative for ASEAN Integration (IAI). Under the IAI, Singapore conducts 25 to 30 courses a year at the Lao-Singapore Training Centre, focusing on areas of public governance, finance, urban management, hospitality and tourism, civil aviation, as well as IT skills and the English Language. About 600 Lao officials are trained each year and more than 12,000 Lao government officials have benefited from the ministry’s various training programmes under the Singapore Cooperation Programme since 1993.