2001

PA Consulting Group signs Memorandum of Understanding with SP Power Economic Research Centre (China) - 07 May 2001

PA Consulting Group, a leading management, systems and technology consulting firm, with a major practice dedicated to the power sector announces the signing of a Memorandum of Understanding with SP Power Economic Research Centre (SPEC). SPEC is a leading economic consultant in China that specialises in the power sector.

The memorandum means PA and SPEC will co-operate in marketing to the power sector in China and neighbouring countries, and PA will also provide training in consulting skills for SPEC. Mr Bruce Wickes from PA Consulting Group, Auckland, played a key role in the development of the concept. SPEC and PA have worked successfully together in two recent power industry studies in China.

PA is looking to expand its work in China and neighbouring countries and SPEC wishes to strengthen its marketability and knowledge base by association with a leading global consulting firm. PA will assist SPEC to commercialise its processes, assist in training its human resources personnel and develop its management systems to international standards for consulting businesses. This will further strengthen PA's capability to obtain Power Sector work from the International Aid agencies – World Bank, Asian Development Bank and European Development Bank.

The memorandum was developed following a visit by a delegation of SPEC management to Australia, New Zealand and the US in late 2000. Its signing took place on February 27 2001 in Beijing, China, by SPEC's leaders Mr Wang Xinmao and Mr Ge Zhengxiang and by Mr Ken Rubin, Manager of PA's Government Services Division, Washington, United States and Mr Bruce Wickes. Mr Wickes will manage the ongoing relationship.

ends

For more information, please contact:

Derek Ip PA Consulting Group 20/F St Georges Building No 2 Ice House Street Central Hong Kong Tel: +852 2913 9100 Fax: +852 2810 1432 E-mail: derek.ip@paconsulting.com

Notes to editors

PA Consulting Group is a leading management, systems and technology consulting firm, with a unique combination of these capabilities. Established almost 60 years ago, and operating world-wide from over 40 offices in more than 20 countries, PA draws on the knowledge and experience of some 3,700 people, whose skills span the initial generation of ideas and insights all the way through to detailed implementation.

PA builds strategies for the creation and capture of shareholder and customer value, and helps clients accelerate business growth through innovation and the application of technology. PA works with clients to improve performance, mobilise human resources and deliver change effectively, including managing major projects, and designing and implementing enterprise-wide systems and full e-business solutions.

PA focuses on creating benefits for clients rather than merely proposing them, and this focus is supported by an outstanding implementation track record in every major industry and for governments around the world. PA also develops leading-edge technology both for its clients and within its own portfolio of venture companies in areas ranging from software to wireless technology to life sciences.

PA distinguishes itself from its competitors through the range and quality of its people, the depth of its industry insight, its development and use of technology, and also its independence and culture of respect, collaboration and flexibility in working with clients.

We are proud that our clients say "PA makes it happen".

  |  Previous  |    |  Next  |