On December 11th 2017, China PPP Center (CPPPC) collaborated with the Global Infrastructure Hub (GI Hub), a G20 initiative, to organize an infrastructure knowledge and tools workshop in Beijing. Experts from the GI Hub presented its current initiatives, including Global Infrastructure Outlook, InfraCompass, etc., and future initiatives such as the Infrastructure Performance Benchmarks.
The workshop was well attended, with approximately 60 representatives from more than 20 Chinese institutions. The institutions include relevant departments and institutions of Ministry of Finance, Ministry of Housing and Urban-Rural Development, Ministry of Transport, Ministry of Water Resources, Ministry of Commerce, Ministry of Environment Protection, The People's Bank of China, Development Research Center of the State Council, The Export-Import Bank of China, China PPP Fund, provincial financial bureaus of Hebei, Shanxi, and Shandong, Peking University, Central University of Finance and Economics, University of International Business and Economics, and University of Chinese Academy of Sciences, etc. International Economic and Financial Institute as well as Beijing Bridata Technology Company Limited provided assistance to organize the workshop.
The representative from the Department of International Economic Relations, a department within the Ministry of Finance of China responsible for the finance stream of the G20, said that the GI Hub has continued and grown its good co-operative relations with China since its establishment. China appreciated the work GI Hub has actively done to improve global infrastructure investment and to bridge the funding gap, etc. by focusing on the key issues of G20. The Department is willing to continue to work with the GI Hub under G20, and also to strengthen exchange and cooperation with international organizations including the GI Hub under the Belt and Road Initiative.
The representative from CPPPC said that both CPPPC and the GI Hub were established in 2014, which indicated great importance has been attached globally on the role of PPP to improve infrastructure for better public service provision. Currently, the GI Hub has released a number of knowledge tools and research achievements in the field of infrastructure and PPP, which have attracted the attention of numerous countries. CPPPC and the GI Hub have maintained close cooperation. This workshop is a more pragmatic application of co-operation with both parties, and is helpful and inspirational for China to further understand the needs for and current market development of international infrastructure, enhance international exchanges, and advance the Belt and Road international cooperation.
The GI Hub, headquartered in Sydney, Australia, was approved in the Brisbane G20 Leaders’ Summit in November 2014. It aims to increase the flow and quality of private and public infrastructure investments, by facilitating knowledge sharing, highlighting reforms and connecting public and private sectors globally. At the workshop, the GI Hub’s experts introduced InfraCompass, Global Infrastructure Outlook, PPP Risk Allocation Matrix, Global Infrastructure Project Pipeline, as well as some upcoming tools. By employing InfraCompass and Global Infrastructure Outlook, analysis and forecast for China and the Belt and Road countries were presented. The workshop was concluded as one rich in content, new in perspective, full of exchanges and good in results.
FROM： China PPP Center