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UN Campus Bonn

New UN Investment and Technology Promotion Office in Bonn

Opening of the new UN Investment and Technology Promotion Office (ITPO): from the left: Peter Failer, head of the ITPO, UNIDO Secretary General LI Yong, Monique Barbut, Secretary General of the UNCCD, Federal Minister for Development Gerd Müller, Ashok-Alexander Sridharan, Mayor of Bonn, and Friedrich Däuble, Ambassador and Permanent Representative of Germany at the United Nations and other international organisations in Vienna

Press release of 03.05.2017 |

BONN – The United Nations, together with Germany's Development Ministry, today opened a new Investment and Technology Promotion Office (ITPO) at the UN Campus in Bonn. This new contact point for businesses and policymakers aims to promote sustainable business relations between Germany and developing countries and emerging economies.

At the opening of the new office, German Development Minister Gerd Müller said, "Making economic growth in developing countries and emerging economies sustainable is essentially the new dimension we want to lend our development cooperation. Germany is a pioneer of innovative technical solutions in fields ranging from power, to environmental technology, to mobility. The new office in Bonn provides business partners from Germany and abroad with a point of contact, enabling knowledge and innovation to be brought where they can help promote sustainable growth and, thus, opportunities for the future."

Mr LI Yong, Director General of the United Nations Industrial Development Organization (UNIDO), commented, "In collaboration with UNIDO’s global ITPO Network, the ITPO in Bonn will open up opportunities for companies in developing countries to access technology and investment, as well as for investors and technology suppliers in Germany and worldwide, helping them find potential partners and offering unique services to entrepreneurs and business institutions. In addition, ITPO Germany will be positioned to support the realization of the 2030 Agenda and the related Sustainable Development Goals, especially Goal 9 on industry, innovation and infrastructure."

Ashok-Alexander Sridharan, also present at the opening, noted, "As Mayor of Bonn, I am delighted to welcome the Investment and Technology Promotion Office of the United Nations Industrial Development Organization as the latest member of Bonn’s UN family. Acting as the interface between the private sector and development cooperation, it is a perfect match for Bonn. Not only is Bonn the place where roughly twenty United Nations agencies are shaping sustainability, it is also the place where all threads of German development cooperation come together."

The new Bonn office of the United Nations Industrial Development Organization specialises in developing countries and emerging economies. It will supply German businesses with information on commercial opportunities abroad and help them to forge contacts in the countries concerned. It also provides a point of contact for businesses from abroad. Delegations from developing countries and emerging economies can use a visit to the UN city of Bonn to set up meetings with German businesses and get the information they need.

UNIDO already has Investment and Technology Promotion Offices in China, Japan, South Korea, Italy, Russia, Bahrain and Nigeria. The opening of the German office will also serve to further strengthen Bonn as a UN hub. The city on the Rhine now hosts some 20 UN organisations, with a staff totalling over 1,000. 

UNIDO was founded in 1966 as the UN's organisation for industrial development. It currently has 170 member countries and is focused on helping developing countries establish sustainable and environmentally-friendly economic structures.

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