CDIA Talks About Financing And Urban China At Metropolitan Solutions 2016

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CDIA, represented by Eva Ringhof, Urban Development Specialist, participated in the recently concluded Metropolitan Solutions 2016 — a single showcase that comprised international conferences, an exhibition area and a matchmaking platform. Centered around several key themes pivotal for sustainable urban development, the event focused on buildings and public space, energy, management, mobility and logistics, and water and waste water solutions. The event was held in Berlin, Germany, 31 May-2 June 2016.

Ms. Ringhof spoke at two conferences on 31 May: (1) Municipal Finance: Making Finance Work for Cities and (2) Sustainable Urban China.

Given the limits of public funding, CDIA is working with local governments to leverage these public funds and attract additional financing from the private sector. A cooperation with the national level is also crucial to enable political will. Cities need to work with a mix of financing resources, and develop different finance packages that are suitable for the envisaged project and its financier. Click here for the Municipal Finance program. Click here to view her presentation.

Cities are increasingly interested in Public-Private-Partnership Projects, not only because the private sector can bring in additional capital, but because the private sector often brings in operational efficiency and provides access to new technology. At the project level, the city’s ability of recovering costs is crucial. A city need to have a healthy and robust financial management to ensure cost recovery of the priority infrastructure. Click here for the Sustainable Urban China program. Click here to view her presentation.

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