Permanent Residency Granted, Funds Invested and Jobs Created under Global Investor Programme

Debated in Parliament on 8 May 2023.

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Leong Mun Wai asked the Minister for Trade and Industry for data on permanent residencies, investments, and funds under the Global Investor Programme (GIP) since 2004, including returns on GIP funds.
He also requested estimates of jobs and business spending created by Options A and B of the GIP since 2004.
The Minister responded that details on permanent residencies, investments, and job creation under GIP were previously shared in Parliament in February 2023, but the ministry does not track investment returns of individual GIP funds.

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Leong Mun Wai

Mr Leong Mun Wai asked the Minister for Trade and Industry (a) since 2004, how many persons have been granted permanent residency under the Global Investor Programme; (b) what is the total amount of Assets Under Management invested under the Global Investor Programme (GIP); (c) how many GIP funds have been set up to date; and (d) how many of such GIP funds have returned less than 70% of the original investment capital to the investees upon the funds’ expiry.

Summary written by AI (learn more)

Leong Mun Wai asked the Minister for Trade and Industry for data on permanent residencies, investments, and funds under the Global Investor Programme (GIP) since 2004, including returns on GIP funds.
He also requested estimates of jobs and business spending created by Options A and B of the GIP since 2004.
The Minister responded that details on permanent residencies, investments, and job creation under GIP were previously shared in Parliament in February 2023, but the ministry does not track investment returns of individual GIP funds.

Questions identified by AI (learn more)

Permanent Residency Granted, Funds Invested and Jobs Created under Global Investor Programme | PAPERCUTS

Permanent Residency Granted, Funds Invested and Jobs Created under Global Investor Programme

Debated in Parliament on 8 May 2023.

Summary written by AI (learn more)

Leong Mun Wai asked the Minister for Trade and Industry for data on permanent residencies, investments, and funds under the Global Investor Programme (GIP) since 2004, including returns on GIP funds.
He also requested estimates of jobs and business spending created by Options A and B of the GIP since 2004.
The Minister responded that details on permanent residencies, investments, and job creation under GIP were previously shared in Parliament in February 2023, but the ministry does not track investment returns of individual GIP funds.

Questions identified by AI (learn more)

Full Transcript

Leong Mun Wai

Summary written by AI (learn more)

Leong Mun Wai asked the Minister for Trade and Industry for data on permanent residencies, investments, and funds under the Global Investor Programme (GIP) since 2004, including returns on GIP funds.
He also requested estimates of jobs and business spending created by Options A and B of the GIP since 2004.
The Minister responded that details on permanent residencies, investments, and job creation under GIP were previously shared in Parliament in February 2023, but the ministry does not track investment returns of individual GIP funds.

Questions identified by AI (learn more)

Permanent Residency Granted, Funds Invested and Jobs Created under Global Investor Programme

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Leong Mun Wai

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Permanent Residency Granted, Funds Invested and Jobs Created under Global Investor Programme

Summary

Questions Identified

Full Transcript

Leong Mun Wai

Summary

Questions Identified

Leong Mun Wai

Gan Kim Yong