- June 23, 2019
- Posted by: admin
- Category: News & Events
FIDIC signed a unique and avant-garde memorandum of understanding (MoU) with the China International Contractors Association (CHINCA) to better facilitate collaboration between international and Chinese businesses, aid skills and knowledge transfer, which would in turn help to increase the understanding and use of FIDIC contracts.
Signed in July 2019, this two-year MoU follows on from discussions between FIDIC and CHINCA to develop a partnership.
Both ogranisations agree that there is a need to improve collaboration and cooperation between businesses in China and internationally. They consider this important agreement as a way to not only promote FIDIC’s core values of quality, integrity and sustainability, but also to improve the competence of Chinese contractors in the management and application of FIDIC contracts.
In today’s globally advanced yet ever-changing world, it has become increasingly to increase the exchanges between engineering professionals and to find new ways to upgrade the skills of professionals working in the industry.
Dr Nelson Ogunshakin said “This is a landmark moment for FIDIC and the construction and infrastructure industry in China. Both FIDIC and CHINCA represent businesses whose activities create a legacy that citizens experience for generations and the social and economic impacts of that work influence wellbeing, culture and societal structures for decades, so it is essential that we work together for the common good. I look forward to both organisations learning from each other and to a fruitful collaboration to ensure that we create better outcomes for our world and its citizens.”
CHINCA Chairman, Fang Qiuchen was equally pleased about this new collaboration. “FIDIC contracts are one of the most popular templates used in international infrastructure projects. Chinese contractors are one of the largest application groups for FIDIC contracts and the MoU between FIDIC and CHINCA creates a communication bridge between Chinese contractors and international consultants. CHINCA also looks forward to strengthening cooperation with FIDIC’s newly established Beijing Office in the areas of training, standard contracts and in developing subcontract templates.”
FIDIC President, Alain Bentéjac also spoke about the importance of promoting mutual understanding and increasing collaboration. This he said, showed “…the key role of FIDIC on the global stage and I am sure that this MoU will lead to better links and mutual cooperation across the entire construction sector in China.”