Bicacon delegation will embark on an Asset Management study tour of MWH New Zealand from the 4th August to the 8th August 2014. The purpose of the study tour is mainly to sign a Memorandum of Understanding (MoU) between the two companies for special projects which the two companies might be embarking on in the future. The highlight of the tour will be the signing of a sub-consultancy agreement between the two companies on the Department of Water & Sanitation Affairs projects for the Updating & Improvement of four cluster Asset Management Plans and a National Asset Management including other asset management support.
Bicacon identified New Zealand because it is a leading country worldwide (together with Australia) in the Asset Management environment. MWH New Zealand are also one of the leading companies in the Asset Management industry in New Zealand. The signing of the sub-consultancy agreement with MWH New Zealand will ensure that Bicacon becomes an Asset Management giant in the asset management environment in South Africa and in Africa, and set Bicacon above the industry players in asset management and related work. The agreements will also ensure that MWH Global establishes a footprint in the African market.
As part of the MWH New Zealand study tour, the Bicacon delegation will have the opportunity to interact with
- New Zealand Trade and Enterprise & Ministry of Foreign Affairs
- New Zealand Treasury
- New Zealand Water
- Local Government New Zealand
- Office of the Auditor General (Infrastructure Perspective) New Zealand, as well as
- Local Government New Zealand
These interactions will enable the delegation to have an in-depth insight into the asset management environment as well as the possible business mergers or partnerships that Bicacon can embark on with New Zealand companies.
We wish the Bicacon delegation a successful business trip to New Zealand and hope this will be the birth of many business partnerships between Bicacon and internal companies!