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ASEC hosts forum on education for its partners

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The ASEAN Secretariat hosted the ASEAN Partners’ Mini Forum on Education on 17 November to update ASEAN Dialogue Partners and other partners on the current status, achievements and opportunities on ASEAN education cooperation.

The event offered a rare opportunity of a dialogue between education practitioners from ASEAN Member States and representatives from the ASEAN Dialogue Partners and invited international organisations.

The Mini Forum focused on how education and its sub-sectors synergise with other ASEAN pillars and sectors to create a more holistic action in support of overall purpose of the ASEAN Community.  The dialogue identified converging points between priorities of ASEAN and ASEAN Dialogue Partners on issues such as inclusive education, vocational and skills training, internationalization of higher education, teachers’ competencies, and ASEAN awareness through education.

Representatives from the Republic of Korea (ROK), Switzerland and Norway shared their priority areas of support to ASEAN.  Specifically, ROK has expressed interest to support a proposal on ASEAN statistical capacity enhancement for basic inclusive education. Responding to emerging needs for teachers’ development, the Teachers Association of the Republic of Indonesia proposed for ASEAN to convene discussions on common teacher standards in ASEAN. Many ASEAN Dialogue Partners expressed appreciation and found value in a dialogue such as this to keep everyone abreast on the work of ASEAN sectors especially education.

Participants include education specialists from ASEAN, representatives from ASEAN Dialogue Partners, ASEAN entities and UN agencies.

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Philippines Growth to Remain Strong Despite Global Uncertainty

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The World Bank maintains its 6.7 percent growth forecast for 2018 and 2019 despite rising global uncertainty. Considering recent economic data, the composition of expected growth was revised as compared to the April edition of the World Bank Philippines Economic Update.

Given recent fiscal trends, government consumption growth was revised upwards, while private consumption growth is expected to expand at 5.9 percent in 2018 and 6.2 percent in 2019.

Investment growth was slightly upgraded due to higher public capital outlays, including increased infrastructure spending. Overall, it is anticipated that real GDP growth will increase towards the end of 2018 and into the first half of 2019 with higher election-related public spending.

The government’s ability to carry out its investment spending agenda will determine if the Philippines can achieve its growth target of 6.5-7.5 percent over the medium term,” said Birgit Hansl, World Bank Lead Economist for the Philippines. “In addition, higher private investment levels will be critical to sustain the economy’s growth momentum as capacity constraints become more binding.”

Exports, a key driver of growth for the Philippines economy, are projected to moderate in the coming years as global growth is expected to decelerate.

The World Bank’s June 2018 Global Economic Prospects projected a gradual global slowdown over the next two years, predicated on moderately higher commodity prices, strong but gradually moderating global demand, and incremental tightening of global financing conditions. Uncertainty around global growth conditions has risen, with the possibility of trade and other policy shocks emerging from major economies.

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New Programme Aims to Improve Infrastructure Procurement Capacity in Africa

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The Africa Infrastructure Fellowship Programme (AIFP) was today announced by Jean-Baptiste Lemoyne, Minister of State attached to France’s Minister for Europe and Foreign Affairs.

The World Economic Forum, the Global Infrastructure Hub and the private investment firm Meridiam have partnered to create the Africa Infrastructure Fellowship Programme (AIFP), an initiative to help African governments strengthen internal procurement capability by training and retaining key officials in procurement agencies, with the aim of attracting greater private-sector investment to Africa.

The components of the programme will be tailored to the needs of each country but, at its core, the AIFP will be made up of the following elements:

  • Three-day introduction to infrastructure procurement and networking with peers (provided by GI Hub)
  • Tutoring and examination through the Multilateral Development Banks’ Private Public Partnerships certification course
  • Two-week intensive course in infrastructure procurement (provided by selected universities)
  • Two-month placement in a private-sector company’s infrastructure team
  • Ongoing support for 12 months following the programme, including twice-yearly AIFP-related events hosted by the GI Hub

“It is important to emphasize that this project is in line with the mission of the Forum, to improve the state of the world. It is necessary to highlight the importance of jointly solving the challenges that surround the development of infrastructure at the global level,” said Denise Burnet, Head of Event Management and Member of the Executive Committee at the World Economic Forum.

Chris Heathcote, Chief Executive Officer of the Global Infrastructure Hub, said that, despite ongoing efforts, attracting private-sector investment into Africa remains a major challenge, and is a barrier to achieving the UN Sustainable Development Goals.

“In order to meet the UN SDGs and the demands of accelerating economic and population growth in the African continent, we forecast that these countries will need to spend $7.6 trillion to 2040. Our analysis forecasts that the continent will invest $4.3 trillion based on current trends, exposing an investment gap of $3.3 trillion, or 43%. Investors will only invest in countries where market conditions are favourable, and it’s our goal through this initiative to assist in creating an environment that is conducive to private-sector investment in infrastructure,” said Heathcote.

Thierry Déau, Chief Executive Officer of Meridiam, added: “As long-term investors, we are convinced that key success factors to projects rely on excellent synergies between the private and public sector. We chose to accompany the AIFP initiative, convinced that this agile organization based on strong commitments of stakeholders is the perfect tool to accelerate the deployment of sustainable infrastructure in Africa.”

Africa has the highest population growth globally, and a number of its countries rank highly in terms of economic growth; and yet these countries also have the lowest growth in infrastructure stock.

The AIFP will be a six-month capability-building programme that will give participants a robust understanding of procurement, governance and the role of the private sector in infrastructure projects. The programme will provide participants with a mix of theoretical and practical training, opportunities to work within major private-sector companies, and lead to the establishment of a strong network of infrastructure practitioners across Africa.

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How ICT is transforming and making our societies more resilient

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Together with the International Telecommunication Union (ITU) and other partners, the United Nations Industrial Development Organization (UNIDO) has organized a side event at the UN High-level Political Forum on Sustainable Development (HLPF) to explore how information and communication technology (ICT) is transforming and making our societies more resilient.

The HLPF, which runs through to 18 July, brings together more than a thousand government, business and civil society leaders. The Forum, which meets annually under the auspices of ECOSOC, is a platform for the exchange of experiences in the implementation of the Sustainable Development Goals (SDGs), identifying gaps and lessons learned.

A selected multi-stakeholder panel at the side event, “ICT enabling the transformation towards sustainable and resilient societies”, included government, business and the UN. Participants discussed how digital technologies are improving productivity and competitiveness, pointing out that recent studies confirm that digitalization has immense potential that could deliver around $100 trillion in value to business and society over the next decade. It was also noted that digital solutions have the potential to enhance resource optimization and efficiency in water and energy consumption.

Providing a UN perspective, UNIDO’s Takeshi Nagasawa said, “The sustainable energy transition and Industry 4.0 share important characteristics that can be interconnected to pursue a sustainable energy transition. Such integrated approaches could be guided by the SDGs, which provide important target setting for energy, climate change and industry,” adding that UNIDO has “the capability and relevant portfolio to foster Industry 4.0 across all stages of industrial development.”

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