The 5th China Public-Private Partnership Development (Financing) Forum
OCT 30, 2019 | China
Organized by the Ministry of Finance (MoF), China PPP Development (Financing) Forum is China’s top-level event for international exchange and collaboration in areas of public-private financing. The 2019 Forum had a special focus on regulated PPP development for high-quality growth, which is in line with China’s paradigm shift to slower but more balanced and sustainable growth.
The World Bank was invited to the Project Financing session, a core part of the event with lively discussions among policy makers, financiers and project owners, on financing product/service innovations, risk management and eco-system improvement for healthy PPP development, etc. In his speech, Binyam Reja (Practice Manager, IEAT2) emphasized that in addition to contractor’s qualifications, FIs in the initial stage of PPP financing should also establish a full project life-cycle risk management system. A project monitoring mechanism needs to be in place to track and analyze the risks emerging in the implementation stage of infrastructure projects, and induce mitigation measures. In addition, the healthy development of PPP requires more talents, especially talents with solid financial background.