On the afternoon of February 18^th, Khin Maung Aye, chairman of the Kaung Myanmar Aung Group, and Ko Ko, former Minister for Home Affairs of Myanmar, visited the Bauing Group accompanied by He Longde, president of the Qianhai Silk Road Industrial Investment Co., Ltd, at the invitation of Gu Shaoming, chairman of the board of Bauing Group. The two sides carried out in-depth exchanges on deepening the “One Belt and One Road” cooperation and developing business in Myanmar, and reached a consensus.

▲ Gu Shaoming, chairman of the board of Bauing Group

Gu Shaoming, chairman of the board of Bauing Group, first welcomed the arrival of Chairman Khin Maung Aye, and then briefed the guests on the development process of the Bauing Group and the improving business layout in the process of practicing the national strategy “One Belt and One Road”. Chairman Gu Shaoming said, “In the international development process, Bauing Group has leveraged the overseas infrastructure construction, power grid construction, intelligent city construction and many other fields by considering the architectural decoration and major design business as the fulcrum, has actively fulfilled our corporate social responsibility in the exploration, and has established a sincere friendship with the Southeast Asian countries.” He hoped that Bauing Group would continue to participate in the construction of Myanmar in depth and deepen exchanges and cooperation with the Kaung Myanmar Aung Group and other outstanding enterprises in Myanmar to achieve interoperability, complementary advantages and win-win cooperation.

▲ Lieutenant General Ko Ko, former Minister for Home Affairs of Myanmar

At the forum, Lieutenant General Ko Ko, former Minister for Home Affairs of Myanmar, encouraged Bauing Group to enter Myanmar, and wished both enterprises to strengthen cooperation for mutual benefit and win-win situation. He said, “China and Myanmar have always been friendly neighbors, and the traditional friendship between our two peoples goes back to ancient times. Since the reform of Myanmar, the friendly relations between our two countries have maintained a steady development. Our two countries have pragmatic cooperation in various fields and the trade has been deepened. Close economic and trade exchanges have been established, especially on the civilian level. Since Myanmar is in the reform and development period, we need financial, technical, resource and other supports. We hope that more outstanding Chinese entrepreneurs can enter Myanmar for investment and business promotion.”

▲ Khin Maung Aye, chairman of the Kaung Myanmar Aung Group

Khin Maung Aye, chairman of the Kaung Myanmar Aung Group, highly recognized Bauing Group’s development of more than two decades, and expressed his appreciation for Bauing Group’s active participation in the “One Belt and One Road” construction. He said, “Myanmar is in a major reform and development period at this time, we need to introduce mature multinational enterprises with qualifications, reputation and complete technologies, just like Bauing Group.” He hoped that Kaung Myanmar Aung Group and Bauing Group could deepen the cooperative relationship, fully tap the cooperation potential of both sides in overseas projects, and strengthen cooperation in infrastructure, real estate, architectural decoration design and construction, etc.

▲ He Longde, president of the Qianhai Silk Road Industrial Investment Co., Ltd

Gu Shaobo, chairman of the board of Bauing Decoration, expressed satisfaction with the cooperation between the two sides. He said, “During this cooperation between Bauing Group and Kaung Myanmar Aung Group, Bauing Group will bring more than two decades of accumulated experience to the development and construction of Myanmar without reservation.”

▲ Gu Shaobo, chairman of the board of Bauing Decoration

Gu Shaobo, chairman of the board of Bauing Decoration, expressed satisfaction with the cooperation between the two sides. He said, “During this cooperation between Bauing Group and Kaung Myanmar Aung Group, Bauing Group will bring more than two decades of accumulated experience to the development and construction of Myanmar without reservation.”

▲ The two sides exchanged souvenirs

▲ A group photo was taken to mark the occasion

Vice Chairman Than Tun, Vice Chairman Kyaw Thura and Managing Director Kaung Htet Tun of the Kaung Myanmar Aung Group, General Counsel Xiao Haitian of the Qianhai Silk Road Industrial Investment Co., Ltd, and LONDON, assistant to the president and general manager of International Business Division of Bauing Group, were also present at this meeting.

The friendship between Bauing Group and Kaung Myanmar Aung Group has a long history. In July 2016, when investigating the Myanmar market, Gu Pu, vice president of the Bauing Group, paid a visit to Khin Maung Aye, chairman of the Kaung Myanmar Aung Group. The two sides have carried out initial exchanges on the cooperation in the infrastructure construction and other aspects.

▲ Left (Xiao Haitian, general counsel of the Qianhai Silk Road Industrial Investment Co., Ltd), middle (Khin Maung Aye, chairman of the Kaung Myanmar Aung Group), right (Gu Pu, vice president of the Bauing Group)

▲ A group photo of Vice President Gu Pu of the Bauing Group and partners taken on the scene of Bauing’s power project in Myanmar

Khin Maung Aye

Current chairman of the Myanmar Bank Association, chairman of the Kaung Myanmar Aung Group, chairman of the Central Co-operative Society, chairman of the Myanmar Investors Development Association, chairman of the Co-operative Bank, chairman of the Myanmar Microfinance Bank, chairman of the Citizen Business Insurance, and chairman of the CB Securities.

Kaung Myanmar Aung Group

Kaung Myanmar Aung Group employs approximately 1,100 people, including nine major industry sectors: 1. Hotel, tourism, art and culture, education and medical industries; 2. Golden Myanmar Airlines; 3. Traffic and shipping industries; 4. Mining and energy industries; 5. Agricultural and ecological environment industries; 6. Construction industry; 7. Real estate development industry; 8. Trade and e-commerce; 9. Communications and telecommunications industries. Kaung Myanmar Aung Group has set up branches in Singapore, Korea, Japan and other countries.

Lieutenant General Ko Ko

From 2011 to 2016, he served as the Minister for Home Affairs of Myanmar.