“These projects will create jobs and support the economy as well as delivering vital infrastructure that local communities need. That’s why we’re determined to get them moving as soon as possible without extra delays. Where the private markets aren’t working properly, it’s right that the Government should act to get things moving.”
- Yvette Cooper, Chief Secretary to the Treasury, March 2009
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Ten Alps Events is proud to present ‘Major Public Infrastructure Projects – Driving the UK Economy’, which will take place on 8th September 2009 at Church House Conference Centre, Westminster. This conference is being delivered in Association with the Major Projects Association.
In March 2009 the Government took action in order to ensure vital public infrastructure projects will not be disrupted by the global economic climate and to safeguard public investment in the procurement of these schemes to date.
The Chief Secretary to the Treasury, Yvette Cooper, announced that the Government would lend to imminent PFI projects unable to raise sufficient finance on acceptable terms, alongside commercial lenders and the European Investment Bank.
This action was taken in order to safeguard £13bn of public infrastructure procurement and assure the future of vital public infrastructure projects to help prepare the country for the future recovery. Funding will be available to PFI projects already in the pipeline which have issued a notice in the Official Journal of the European Union (OJEU), of which there are currently 110 with an estimated capital value of £13 billion.
With the potential for work on these vital on-hold PFI projects now moving forward, this Conference will provide an opportunity to examine the challenges and opportunities ahead, share best practice in major project delivery, and look at the future options for the delivery of major infrastructure projects through public/private partnership arrangements. The Conference and Exhibition will also offer extensive Networking opportunities within a flexible environment alongside key decision-makers and practitioners from the public and private sectors.
Themes will include:
• An overview of the new Infrastructure Finance Unit
• The contribution of major project delivery to fiscal stimulus during the economic downturn
• Policy and best practice in complex major project delivery
• The challenges and opportunities ahead
• Useful tools for project monitoring and cost management
• Successful approaches to public/private sector partnership working
• Best practice examples from education, waste, health, water and roads infrastructure projects
• Future options for the delivery of major infrastructure projects through public/private partnerships