Agreement between CDP and IFEL Foundation to boost support for municipalities on PPP issues

Agreement between CDP and IFEL Foundation to boost support for municipalities on PPP issues

A Memorandum of Understanding has been signed by the Institute for Finance and the Local Economy (IFEL) and Cassa Depositi e Prestiti (CDP). Its goal is to promote training and professional development through an educational pathway for employees and staff of public administration bodies and local authorities, with a specific focus on public-private partnership (PPP) activities and investments.

The institutional cooperation will allow the Foundation, established in 2006 by the National Association of Italian Municipalities (ANCI), to benefit from the opportunities offered by the InvestEU Programme by making use of Cassa’s technical and financial support as an Advisory Partner of the European Commission within the Advisory Hub promoted by the European Union.

Specifically, IFEL’s goal is to provide information tools that can contribute to the development and improvement of the administrative expertise of municipalities. To this end, it intends to promote studies, seminars and training and cultural initiatives that can transfer skills to manage the analysis and implementation stages of investments, including those set out by the NRRP, on the basis of public-private partnership schemes.

As part of the collaboration, which will lead to activities throughout all of Italy with a particular focus on small and medium-sized cities, action areas will be developed around the digital and ecological transition and enhancing heritage through urban redevelopment and regeneration initiatives. There are three training initiative cycles planned in this major programme, which will also see the collaboration of other parties with an interest in the issues covered by the Protocol. IFEL will also soon open an operational desk with 40 focused information points in a year on PPP for municipalities with experts in the field.

Specifically, CDP's consultancy activities for the Foundation concern: drafting operating manuals and explanatory documents for public entities to improve the qualitative and quantitative impact of the activity, especially at a local level; carrying out assessments and in-depth analyses on issues concerning public-private partnership transactions; and establishing training and technical assistance initiatives, including in the field of project financing.

Lastly, it should be noted that the technical panel that will implement the action plan has already been set up.