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Home Asset Management

Global bodies to collaborate on infrastructure development

by Infrastructure Journalist
April 24, 2019
in Asset Management, Company news, Features, News, Safety and Training
Reading Time: 2 mins read
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GI Hub SIF MoU global infrastructure development
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The Global Infrastructure Hub (GI Hub) and the Sustainable Infrastructure Foundation (SIF) will collaborate to create a greater range of resources on international infrastructure development.

The two organisations signed a Memorandum of Understanding (MoU) on 16 April 2019.

GI Hub’s work with the public and private sectors to globally increase the flow and quality of infrastructure projects complements SIF’s SOURCE initiative, an online platform that provides detailed project preparation advice.

Key future outcomes from the GI Hub and SIF MoU include:

  • Broader dissemination of the GI Hub’s knowledge tools, data gaps and leading practices guidance through SOURCE
  • Plans for a feasibility study into the integration of the GI Hub tools and SOURCE to provide an increasing range of resources for users of the SOURCE platform and assist the enabling environment for resilient and sustainable infrastructure projects globally
  • Improvement of global infrastructure project quality and flow through integrating the GI Hub’s tools with SOURCE

GI Hub CEO, Marie Lam-Frendo, said the SOURCE platform will assist the organisation in focusing on the project preparation stage of the infrastructure lifecycle.

“This stage is integral to improving the quality of infrastructure projects which in turn will help to drive more private investment and assist in closing the infrastructure gap globally. We’re looking forward to collaborating with SOURCE,” Ms Lam-Frendo said.

SIF CEO, Christophe Dossarps, said SOURCE has been specifically developed to deliver sustainable and quality infrastructure standards, knowledge, frameworks.

“Collaboration with the GI Hub was a natural and practical move towards that objective,” Mr Dossarps said.

“SOURCE has been focusing on raising the transparency and quality of projects from the earliest stages of the development process, namely through quality project preparation and consistent data, and the GI Hub and SIF collaboration is a key stepping stone for SOURCE’s multilateral approach to deliver at scale.”

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