- July 31, 2020
- Posted by: admin
- Category: News & Events
FIDIC has signed two important agreements for key international markets.
The International Federation of Consulting Engineers (FIDIC) has signed key agreements for the Chinese market and also for the African market.
The FIDIC has signed a memorandum of understanding (MoU) with the China Association of International Engineering Consultants (CAIEC). The aim of this agreement is to improve collaboration between international and Chinese businesses.
The arrangement will operate across a number of key areas and improve the competence of Chinese consultants in planning, design and the management and application of FIDIC contracts.
As a national, professional, non-profit organisation, CAIEC is compposed of qualified consultant experts and legally registered enterprises which are engaged in foreign investment and international engineering consulting. The three-year MoU which was signed with FIDIC follows up on detailed discussions between the two organisations.
CAIEC and FIDIC have agreed to collaborate in key areas of interest. Notably, this includes information exchange, events sharing and knowledge exchange. Another important point is the creation of a membership between CAIEC and FIDIC which will help to explore how they can develop a similar model in China.
The aim will be to provide a better representation of the consulting engineering industry by the Chinese FIDIC member association, the CNAEC, and to work together to support international consultants becoming members of CAIEC.
For the One Belt One Road programme, the two will provide opportunities for discussion and collaboration between Chinese, international and local consultants on the Belt and Road initiative (BRI). The two will jointly explore the application of FIDIC contracts and FIDIC Golden Principles for BRI projects and develop standard templates for documents to support their use.
FIDIC and CAIEC will also support the principle that the planning, design and supervision of BRI projects are undertaken by collaborative integrated teams of Chinese, international and local consultants. This will be to optimise outcomes in line with FIDIC’s values of quality, integrity and sustainability and the legacy created for society.
Commenting on the signing of the MoU, FIDIC Chief Executive Officer, Dr Nelson Ogunshakin said, “I am delighted that FIDIC has signed this landmark agreement with CAIEC and to be working closely with them on areas of mutual interest. Our MoU will be a big boost for FIDIC members, international consulting and engineering firms and also the construction sector in China and we are looking forward to working with CAIEC over the next three years.”
For the FIDIC President Bill Howard, “This agreement is another significant step in FIDIC’s efforts to work in global partnership with the Chinese construction industry. I am delighted to see such collaboration between industry associations in China and I am sure that by working together in a spirit of partnership we will be able to promote mutual understanding and achieve increased cooperation across the construction sector in China, thereby improving the quality, sustainability and delivery of services.”