Submitted by Angela Walters on Tue, 03/07/2018 - 15:42
The Global Infrastructure Programme and the UK Prosperity Fund.
The 'Global Infrastructure Programme' (GIP), which was officially launched at the Prosperity Fund Business Forum on 20 June in London, aims to address the gap in infrastructure provision between current capacity and future need in middle-income countries.
The UK Government’s Prosperity Fund comprises £1.2 billion from the aid budget which is ring-fenced to promote economic growth needed to reduce poverty in countries supported by the Organisation for Economic Co-Operation and Development (OECD).
The GIP is a cross-Government initiative between the Foreign Office (FO), Infrastructure and Projects Authority (IPA) and the Department of Business, Energy & Industrial Strategy (BEIS). The BEIS contribution to the work is centred on BIM and is being delivered through the CDBB. The programme's objective is to allow countries to take a more holistic delivery approach, starting from attracting the project finance and then using digital techniques throughout delivery. This more systematic approach to infrastructure development will support better economic and social outcomes to a number of countries in Latin America, Asia and Africa that are part of delivering the objectives of the larger Prosperity programme.
CDBB will be providing the expertise around digital construction methodologies, training and workshops, and supporting the procurement exercise required for projects in the partner countries.