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About us Members Positions Issue October 2017
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Dear Reader,

we look forward to the upcoming EIC Conference in Paris on 12-13 October 2017 with a workshop on “The Global Infrastructure Funding Gap – Why it exists and how it can be overcome”. The event is now fully booked.

Sincerely,
Your EIC Team

Headlines
Upcoming EIC Workshop on how to overcome the Infrastructure Funding Gap

The next EIC workshop will be held on 13 October in Paris and brings together high-ranking speakers who will first outline the infrastructure gap according to different world regions, and then analyse possible ways forward to fill this gap. Read more...

Working Group “Africa” analyses new EIP 

An ad hoc sub-group of the EIC Working Group “Africa” met on 27 September 2017 in Paris to agree on an EIC position on the new EU External Investment Plan. Read more...


News from Bruessels
EU Parliament calls for more sustainable management of global value chains

On 12 September 2017, the European Parliament (EP) has adopted a resolution on the impact of international trade and the EU policies on global value chains. Read more...


Multilateral & International Issues
EIC Director joins Board of Construction Sector Transparency Initiative CoST

EIC Director, Frank Kehlenbach, participated on 25-26 September 2017 in the Board Meeting of the Construction Sector Transparency Initiative (CoST). Read more...

Brief Notices

6th EU-Africa Business Forum in Abidjan

The 6th EU-Africa Business Forum will be held on 27 November 2017 in Abidjan, Cote d'Ivoire. With its overarching theme being "investing in job creation for youth", the Business Forum will look at the challenges and opportunities for investment in Africa along four strategic priorities of the EU-Africa cooperation. The call for expression of interest in participating in the EU-Africa Business Forum is open until 20 October 2017. Read more...


Members' Corner

Driver Group joins EIC as Associated Company Member

Driver Group joined the EIC network as Associated Company Member as of mid-September 2017. Driver is a multi-disciplinary consultancy which provides specialist commercial management, planning, programming and scheduling, project management, and dispute resolution support services. Read more...

 
Headlines

Upcoming EIC Workshop on how to overcome the Infrastructure Funding Gap 

Paris   The next EIC workshop titled “The Global Infrastructure Funding Gap – Why it exists and how it can be overcome” will be held on 13 October in Paris and brings together high-ranking speakers who will first outline the infrastructure gap according to different world regions, and then analyse possible ways forward to fill this gap.

High-ranking speakers from European and International Institutions

EIC and its French member SEFI (Syndicat des Entrepreneurs Français Internationaux) / FNTP (Fédération Nationale des Travaux Publics) are pleased to welcome speakers from the European Commission, the French Ministry for Economy and Finance - FIN INFRA, the OECD, from Agence Française de Développement, from the Asia Infrastructure Investment Bank AIIB, the Confederation of International Contractors' Association CICA, the Long-Term Infrastructure Investors Association as well as KPMG and Pinsent Masons.

Please take note that the conference is currently fully booked but all presentations will be made available online.

Link:
EIC Conference Website

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Headlines

Working Group “Africa” analyses new EU External Investment Plan 

Paris   An ad hoc sub-group of the EIC Working Group “Africa” met on 27 September 2017 in Paris to agree on an EIC position on the new EU External Investment Plan.

EU kick-starts its new External Investment Plan

Following the adoption by the European Parliament and the Council, the European Commission shall start in October 2017 with the implementation of its ambitious External Investment Plan (EIP) to boost investments in Africa and the EU Neighbourhood. The EIP will boost public and private investment and thus address some of the obstacles to growth in the EU’s partner countries and of the root causes of irregular migration.

Whilst direct EU funding can only go to eligible Financial Institutions (FIs) that were assessed by the Commission, such as the EIB, EBRD, AFD, KfW etc., business is encouraged to contact FIs managing the investment windows to get informed about the available instruments for their projects.

Follow-up at the EIC Workshop in Paris

In a letter addressed to the Director-General of the European Commission’s DG DEVCO, Stefano Manservisi, EIC President Dessoy expressed his expectation that the new EFSD Guarantee will also be available for sustainable energy, water and transport infrastructure projects and called for a maximum flexibility regarding the assessment of the financial viability of the project and also take into consideration the socio-economic benefits of infrastructure projects. The European Commission will share further details on the new EIP and its relevance for European international contractors at the upcoming EIC Workshop on 13 October 2017 in Paris.

Link:
EC Press Release on new EU External Investment Plan  
Letter to Director-General of the European Commission’s DG DEVCO

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News from Bruessels
 

EU Parliament calls for more sustainable management of global value chains

Brussels   On 12 September 2017, the European Parliament (EP) has adopted a resolution on the impact of international trade and the EU policies on global value chains.
 
Suggestions to reform Global Value Chains
The non-legislative EP Resolution (2016/2301(INI)) was approved by a significant majority of 497 votes to 124, with 56 abstentions. MEPs are proposing measures to protect workers and the environment worldwide by reforming global value chains (GVCs).
 
Their suggestions include boosting corporate social responsibility, by including CSR rules in the trade and investment agreements negotiated by the EU, requiring the EU Commission to consider stipulating extensive “due diligence” measures in supply chains, similar to those used for “conflict minerals”, including enforceable rules on labour and human rights in trade deals, and developing an EU strategy to protect whistle-blowers in forced labour and trafficking cases.
 
EIC Publication on Corporate Responsibility under preparation
 
EIC will respond to this discussion with its upcoming publication on Corporate Responsibility prepared by the respective Working Group, through which international policy-makers, clients, partners and other interested stakeholders shall be informed about the EIC perspective. The publication will also report good practice examples to demonstrate in practical terms how European international contractors have implemented CR practices in their daily international operations.

Link:

Multilateral & International Issues

EIC Director joins Board of Construction Sector Transparency Initiative CoST 

London   EIC Director, Frank Kehlenbach, participated on 25-26 September 2017 in the Board Meeting of the Construction Sector Transparency Initiative (CoST).

CoST mission and objective

Funded by the UK development agency, DFID, and the Dutch Ministry of Foreign Affairs, the CoST initiative was set up in 2008 in order to promote transparency in construction procurement by way of disclosing key project data, including purpose, value, award of contracts and delivery time, at various stages of the project. Through a country-centred assurance process, CoST provides a tool to empower the general public to come to informed decisions and to hold decision-makers to account.

CoST’s track-record shows that informed citizens and responsive public institutions lead to reforms that can reduce mismanagement, inefficiency, corruption and the risks posed to the public from poor infrastructure. EIC is a constant CoST supporter since 2012.

Future CoST policy

Historically, CoST concentrates on low-income countries in the developing world, mainly in Africa. However, over the past decade CoST has successively secured membership of middle-income countries, in particular from Central America.

The discussion in the London Board Meeting centred on the question of how CoST can secure the participation of high-income countries, e.g. from the EU, and how to strike an appropriate balance between the diverse country levels. CoST further considers to expand both a full membership as well as an affiliation option to sub-national levels and even on an individual megaproject level. Through these measures, CoST is working to achieve an ambitious expansion of the programme and the scale-up of its global impact.
 
Link:
CoST Website

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Picture Credits: andriigorulko / Fotolia.com

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