December Meeting Point out now

December News

AMCouncil December e-news is out now, the last one for 2018, packed with all the latest and greating AMCouncil happenings and news from the past month, including links to fantastic articles on:

– Sydney Trains Asset Management System & ISO 55001:2014;

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EA Infrastructure Position Statement

ipsEngineers Australia has released a draft Infrastructure Position Statement.  Take a look at the draft document here.

AM Council has been asked to provide feedback on the document through the AM Council representative on the EA Infrastructure Advisory Panel.  If you would like to provide feedback please send to info@amcouncil.com.au marked attention to Mr Toby Horstead.

State of the Assets Report 2018

Sate of Assets snipNovember saw the release of the ALGA’s 2018 National State of the Assets Report. It is reported that $30 billion is required to renew and replace ageing infrastructure that is needed now.

Capacity of infrastructure was also reported. Capacity is linked to productivity and productivity is a major focus in infrastructure investment. Councils estimate $24 billion of current infrastructure value has poor capacity over the approximate $426 billion estimated portfolio of council infrastructure fixed and land assets. Take a look at the report here.

AMCouncil checks out Mexican Government Infrastructure Tool

MexicoThe AMCouncil dropped by Trade Victoria office recently to meet with representatives from BANOBRAS. This included Mr Esau Garza, Trade Commissioner; Mr Alejandro Blasco, Head of Investor Relations; and Mr Luis Ampudia, Vice President of Investor Relations from Mexico who walked through the Mexican Government’s newly developed Infrastructure investment tool which is a good reference to explore potential usiness opportunities in Mexico.

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The new ISO55002

ISO55002ISO55002 has been significantly expanded and now includes:

• Detailed guidance for every clause of the 55001 requirements document, including clarification of the contribution of each requirement to the four ’fundamentals’ of asset management: value, alignment, leadership and assurance;

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