Established in 2009, SPA China Department is the specialized focal point of Corporate Development for the group for bilateral investment and trade between Myanmar and China businesses. SPA China Department has kept its operating team in both Myanmar and PRC, and currently, it has been focusing on a few Myanmar projects with Chinese investments or financing covering agriculture, manufacturing, mining, renewable & non-renewable energy, logistics and infrastructure development sectors.
Operating in Myanmar definitely has its challenges. For the Chinese corporations, the need to understand the Myanmar culture and the way in which our business environment thinks and works presents a formidable task.
For the locals, the appreciation of modern Chinese business practices and language was likewise a daunting process. The gap was indeed large, and though both were eager to consummate business, business was not easy in coming. SPA China Department's ability to understand both the Chinese and the local mindset was, in the final analysis, our niche.
In the era of deepening development of relationship between Myanmar and China, and with the strategic direction of Chinese corporation "Going Out" to international, SPA China Department will be acting as a "bridge" to channel Chinese investment and financing into Myanmar benefiting both the locals as well as the investing parties.