BearingPoint Helps China-Singapore Su Zhou Industry Park (CSSIP) Develop Outsourcing Strategy
MCLEAN, Va.--(Business Wire)--
BearingPoint, Inc. (NYSE:BE), one of the world's largest
management and technology consulting firms, announced today that it
has completed a comprehensive outsourcing strategic plan for
China-Singapore Su Zhou Industry Park (CSSIP), a cooperative program
jointly established in 1994 by the governments of China and Singapore.
CSSIP, which has become one of the most successful industrial
parks in China, selected BearingPoint to develop an outsourcing
strategy that more effectively leverages its manufacturing and
industrial capabilities to deliver services to other firms and
establish additional revenue growth streams.
BearingPoint helped CSSIP identify the company's market potential
in the local and global outsourcing market, set a strategic direction
for growth, and establish goals and implementation objectives. The
five-phase project included internal and external business analysis,
strategic positioning, operations planning, strategy planning and
deployment.
Previously, BearingPoint developed similar strategic plans for
several Chinese cities and industrial zones.
"We are proud that we were able to participate in this effort and
help China-Singapore Su Zhou Industry Park establish itself as an
outsourcing provider, accomplishing its goal of being more than an
industrial park," said Martin Qi, Managing Director and leader of
BearingPoint's Public Services practice in China. "It is a significant
milestone that is meaningful for us and CSSIP."
BearingPoint was one of the first management consultancies to
assist the Ministry of Commerce in developing the outsourcing industry
in China, assisting the Chinese government in establishing a public
information platform for China's outsourcing service industry. It
helps clients worldwide develop outsourcing strategies through
comprehensive strategic business assessments, process optimization
studies and detailed implementation plans.
About BearingPoint, Inc.
BearingPoint, Inc. (NYSE:BE) is one of the world's largest
providers of management and technology consulting services to Global
2000 companies and government organizations in more than 60 countries
worldwide. Based in McLean, Va., the firm has approximately 16,000
employees focusing on the Public Services, Commercial Services and
Financial Services industries. BearingPoint professionals have built a
reputation for knowing what it takes to help clients achieve their
goals, and working closely with them to get the job done. Our service
offerings are designed to help our clients generate revenue, increase
cost-effectiveness, manage regulatory compliance, integrate
information and transition to "next-generation" technology. For more
information, visit the Company's Web site at www.BearingPoint.com.
Some of the statements in this press release constitute
"forward-looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995. These statements are
based on our current expectations, estimates and projections. Words
such as "will," "expects," "believes" and similar expressions are used
to identify these forward-looking statements. These statements are
only predictions and as such are not guarantees of future performance
and involve risks, uncertainties and assumptions that are difficult to
predict. Forward-looking statements are based upon assumptions as to
future events or our future financial performance that may not prove
to be accurate. Actual outcomes and results may differ materially from
what is expressed or forecast in these forward-looking statements. As
a result, these statements speak only as of the date they were made,
and the Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
BearingPoint Public Relations
Vivien Wu
(021) 52925392-8618
vivien.wu@bearingpoint.com
Copyright Business Wire 2008
