The Department for International Trade: UK-China Infrastructure Academy
The UK-China Infrastructure Academy programme is incredibly important for the infrastructure sector. In 2017, China’s direct investment into the UK more than doubled to over £15 billion and as an international economic department, we’re excited to be involved in attracting foreign investment to all the regions of the UK through initiatives such as the UK-China Infrastructure Academy.
China as a world leading economy and the UK’s sixth largest trading partner is an important market for British companies and the Academy is a great opportunity to strengthen our trading relationships with China.
Alliance Manchester Business School is working with The Department for International Trade and Infrastructure and Projects Authority as well as a consortium of leading UK and international businesses to deliver the UK-China Infrastructure Academy.
This major initiative, backed by the UK Government, is designed to strengthen opportunities and understanding between Chinese and UK businesses; and attract high-quality Chinese investment into the UK. It forms a key pillar of the UK-China Infrastructure Alliance, announced during the 2016 UK-China Economic and Financial Dialogues as a key platform to enhance UK-China commercial cooperation in infrastructure in each other’s markets and in third markets.
The Academy is an executive education programme offering courses, seminars and workshops over the next three years (2018-2020) to senior executives from Chinese businesses and to officials from the Chinese Government.
Delegates learn from world-leading Alliance Manchester Business School academics to establish a deep understanding into the requirements, methods and best practices for delivering major infrastructure, energy and regeneration projects in the UK. They will also access practical examples and case studies - with first-hand exposure to live projects around the UK - through our partner organisations.
During the programme’s first cohorts in 2018, delegates heard speakers including the Mayor of Greater Manchester, Andy Burnham; Former Chief executive of Manchester City Council, Sir Howard Bernstein; Chief Executive of the Greater Manchester Combined Authority, Eamonn Boylan; Chinese Consul General to Manchester, Dr Sun Dali; and senior officials from a variety of government departments such as Infrastructure and Projects Authority, Department for Business, Energy and Industrial Strategy, Department for International Trade.
Delegates also visited Manchester City Football Stadium, Manchester Airport and Drax Power Station.
International property developer Far East Consortium (FEC) is transforming north Manchester via its £200m MeadowSide residential development and the Northern Gateway, an investment partnership with Manchester City Council to deliver 15,000 homes across north Manchester over the next fifteen years. Bordering the city’s largest green space and park, MeadowSide will provide 756 apartments, townhouses and penthouses and spearheads the Northern Gateway, which is forecast to generate more than £4bn of investment by unlocking the residential development potential of 390 acres or 13 million sq ft of land from north of Victoria station through to New Cross, the Lower Irk Valley and Collyhurst.
Our support in delivering this UK-China Infrastructure Academy Programme is another significant development in building on our strong relationship with China. I am delighted that we are able to deliver this prestigious joint initiative between the UK and Chinese governments. Alliance Manchester Business School and the University are home to some of the leading experts on business links between our two countries and we have put together a programme for the delegates that will foster relationships, and encourage infrastructure investment.