The conference which is organized twice a year by The European Union Contractors' Association, the highest representative body of the European construction industry, was sponsored by our Association.
The General Assembly and the Autumn Conference of the European International Contractors Association (EIC-European International Contractors) were held in Paris / France on 12-13 October 2017 under the theme of "Financial Opening for Global Infrastructure Investments".
Conference has gathered high-level speakers who outline the infrastructure implications of different world regions and discussed possible ways to overcome the funding gap in 2030 to achieve Sustainable Development Goals.
According to OECD estimates, global infrastructure investment needs to be at least 70 trillion USD by 2030; it was emphasized that the Asian countries need only to invest $ 1.5 trillion in infrastructure for sustainable settlement in developed countries, which is calculated as US $ 8 trillion.
Recalling that the world population will reach 9.7 billion by 2050, short and medium-term forecasting statistics proved how much the infrastructure needs to be invested in developing countries. However, attention was paid to the necessity of financing alternatives for financing mega projects, as well as states. The need to diversify projects according to needs and reduce costs to a more acceptable level was emphasized. Presentations of the conference are available at http://www.eic-federation.eu/assembly/workshop_speakers/.
In the series of conferences held in April and October each year, representatives of Contractors 'Unions of 15 different countries, including the Turkish Contractors' Association, discuss current issues and opportunities in the building sector.
Our association, the conference in Paris, has previously taken the place of conference in Copenhagen and made the introduction of the industry.