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CWEG Followed the Peking University PPP Research Center Delegation to Visit the UK for Further Study and Exchange

06DAY
2018-09
    From August 27th to 31st, 2018, CWEG, as the only social-capital party participating in this visit, followed the Peking University PPP Research Center Delegation to conduct a one-week PPP investigation tour in the UK. During the tour, CWEG had scholarly exchanges with the University of Cambridge and University College London (UCL), and visited Equitix, the UK’s largest infrastructure investment company, Transport For London (TFL) and other prestigious institutions. Also, a series of in-depth discussions on PPP policy evolution, PPP project structure, financing methods and project implementation were carried out. Chen Lizi, Assistant Chairman at CWEG, participated in the visit and introduced CWEG’s experience in implementing China's national PPP demonstration projects, attracting wide attention.

The delegation also visited the Highways England (HE), KPMG, Merrill Lynch, Cambridge Biomedical Campus and Royal Papworth Hospital, hoping to learn from the UK's sophisticated PPP experience through in-depth exchanges, so as to promote the healthy and sustainable development of PPP in China.

   During the visit, the delegation was fully briefed on the UK's prevailing PPP national system, operation mechanism and specific practices, and probed deeply into the issues on how major infrastructure investors can overcome financing difficulties, how to control government expenditures and improve project operation performance, as well as how to localize the advanced management ideas, experience and technology imported from the UK.

   After thorough exchanges with the UK’s competent government departments, academic institutions and industry leaders in the field of PPP, the delegation made a summary of the PPP policies and development trends in the country where PPP originates, learning about its advanced PPP experience in a detailed way. CWEG shared the PPP ideas with Chinese characteristics, and China’s active explorations and practices on PPP model, which was highly praised by the British participants. They also expressed their welcome to Chinese companies interested in investing in and implementing PPP projects in the UK, so as to further strengthen the Sino-British cooperation in the field of PPP.