Selecting the Right Projects / Sectors for PPP Implementation

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Selecting the Right Projects / Sectors for PPP Implementation"

Transcription

1 the Right s / Sectors for PPP Implementation Policy Dialogue on PPP for Infrastructure Development in South Asia Organized by UN ESCAP September 2015

2 PPP Macro Level Large number of commercial banks, Support from Multilaterals, Foreign Direct Investment (FDI), Involvement of Pension and Insurance funds, Specialized lending institutions Standardized RFQ/RFP with international benchmarks related to procurement Lesser fluctuation of Government, Awareness amongst political leaders, Policy and Vision Documents Transparent & Fair Procurement Process Stable Political Situation & Will Well developed Financial Market Platform for interaction between Authority, Private players and End users PPP Act/Law, Sector specific laws, Regulatory bodies Strong Legal/ Regulatory Framework ful PPP Stakeholders Participation & Interactions Strong & Matured Private Sector Robust Risk Allocation Framework Economic & Financial Viability Adequate Government Support Sector specific Standardized Concession Agreements Value for money analysis, Demand Supply gap, Willing of user to pay, Taxation incentives, Interest rates Viability Gap Funding and other fiscal support, Quick decision making & approval granting framework Large number of private firms with sufficient technical and financial capabilities, Enabling environment for Consortium Page 2 Right

3 of PPP Example of Australian PPP Market Source: Public Private Partnerships in Australia and Japan, Japan External Trade Organization (JETRO), August 2010 Page 3 Right

4 s for PPP Type Description Sectors Examples Revenue Based feasible from revenue from user charge only Roads / Highways Airport Power / Energy Tourism Revenue + Govt. Support Only with Govt. Support feasible with mix of revenue from user charges and Government support feasible with Government support (Revenue from user charge insignificant) Roads / Highways Urban (water supply & transport) Tourism Roads / Highways Urban (water supply & transport) Healthcare Education Page 4 Right

5 Right s for PPP Roads and Highways Poor preparation of projects Aggressive bidding Lengthy dispute resolution Delay in land and environmental clearances Need to shift focus Greenfield to Brownfield projects Operation Maintenance and Transfer (OMT) Concessions Increase in limit for Foreign Investor s equity Adoption of new PPP variants Modified Annuity (Grant + Annuity + Toll) Hybrid PPP (Interest free Loan + Toll) BOT Model (Construction financed by the Authority) Page 5 Right

6 Right s for PPP Airports Small airports not so lucrative Cost based tariff determination at big airports Slow monetization of land Need to shift focus Metro to non-metro airports Increase in Foreign Investor s equity limit Adoption of new PPP variants Small airports Management Contract on Fixed fee + Incentive model; Standalone city side development to be allowed Large airports Long term lease/operation Maintenance & Transfer Concession; Tariff determination through Hybrid Till Page 6 Right

7 Right s for PPP Urban Transport Low population base in many cities Scarcity of land in urban area Absence of Tariff/ User charge regulations Slow monetization of land PPP variants that can be adopted Rolling Stock Cost plus/ Gross cost or Net cost contract Service/ Management Contract on Fixed fee + Incentive model BOT for Bus stand, parking, etc. with real estate as sweetener Page 7 Right

8 Right s for PPP Power / Energy Credit risk (High investment cost) Delay in Power purchase agreement, Guarantees, etc. Poor recovery Delay in land and environmental clearances Need to shift focus Increase in limit for Foreign Investor s equity Increase efficiency in power distribution PPP variants that can be adopted Operation & Maintenance Contract on Fixed fee + Incentive model Distribution Franchisee Private sector to have revenue rights Page 8 Right

9 Right s for PPP Water Supply & Sanitation Capacity to absorb supply (Bulk Water) Social consideration in tariff / user charges Revenue collection risks Need to shift focus Infrastructure creation to infrastructure management Improve service delivery Individual components Water Treatment Plant, Bulk supply pipeline, etc. PPP variants that can be adopted Performance based Operation & Maintenance contracts Non-Revenue Water (NRW) reduction, Supply duration & pressure BOT (Annuity) Page 9 Right

10 Right s for PPP Healthcare Pricing / Economic regulation Availability of suitable manpower Meeting social obligations Scarcity of land in urban area Need to shift focus Infrastructure creation to infrastructure management Improve service delivery Bringing in universal health insurance policy and linking it with project Providing subsidized land PPP variants that can be adopted Performance based Management & Operations contracts with Buy back arrangement on capacities Page 10 Right

11 Right s for PPP Education Lack of standard metrics for performance review Availability of suitable manpower Meeting social obligations Pricing regulation Need to shift focus Infrastructure creation to infrastructure management Improve service delivery Provide subsidized land PPP variants that can be adopted Private management of government schools Voucher system Page 11 Right

12 Thank You Abhaya Agarwal Partner - Infrastructure and PPP Ernst & Young LLP 6th Floor, Hindustan Times House, 18-20, Kasturba Gandhi Marg, New Delhi, Delhi , India Phone: Page 12

Developing a PPP market: Getting the fundamentals right

Developing a PPP market: Getting the fundamentals right Developing a PPP market: Getting the fundamentals right Essentials for private sector participation 17 March 2016 Why does private sector care about PPP projects? PPP projects offers stable cash flows

More information

PPP trends and initiatives in South Asian Countries

PPP trends and initiatives in South Asian Countries PPP trends and initiatives in South Asian Countries Policy Dialogue on PPP for Infrastructure Development in South Asia Organized by UN ESCAP 21-22 September 2015 Agenda 1 2 3 4 Infrastructure Assessment

More information

FINANCING TRENDS IN INFRASTRUCTURE, RISK AND RETURNS, THE OECD GREEN SURVEY

FINANCING TRENDS IN INFRASTRUCTURE, RISK AND RETURNS, THE OECD GREEN SURVEY FINANCING TRENDS IN INFRASTRUCTURE, RISK AND RETURNS, THE OECD GREEN SURVEY Workshop on Financing Green Infrastructure 3 November 2016, OECD Raffaele Della Croce Lead Manager, LTI Project, Financial Affairs

More information

Project Development Under PPPs

Project Development Under PPPs Project Development Under PPPs Presented by: Afzal Dar Senior Infrastructure Specialist Infrastructure Project Development Facility (IPDF) afzal.dar@ipdf.gov.pk Outline Understanding PPPs- what they are;

More information

Guidelines For Rajasthan Infrastructure Project Development Fund (RIPDF)

Guidelines For Rajasthan Infrastructure Project Development Fund (RIPDF) Guidelines For Rajasthan Infrastructure Project Development Fund (RIPDF) PPP Cell Planning Department Government of Rajasthan Contents 1. The RIPDF and its Role 2 i. Background of the RIPDF ---------------------------

More information

Role of Private Equity in Urban

Role of Private Equity in Urban Role of Private Equity in Urban Infrastructure July 18, 2013 Agenda Private Equity in India An overview Indian Infrastructure opportunity Key framework facilitating Infrastructure investment Uba Urban

More information

Strategy #1: Partnering with the Private Sector through PPP. EY Infrastructure Advisory. October 2017

Strategy #1: Partnering with the Private Sector through PPP. EY Infrastructure Advisory. October 2017 Strategy #1: Partnering with the Private Sector through PPP EY Infrastructure Advisory October 2017 EY Infrastructure Advisory Page 2 EY s Infrastructure Advisory and Project Finance Advisory Capabilities

More information

Draft PPP Policy Outline

Draft PPP Policy Outline Note 7 May 2012 Draft PPP Policy Outline This note is the seventh in a series of notes on developing a comprehensive policy, legal, and institution framework for public-private partnership (PPP) programs.

More information

Public Private Partnership in Highway Sector in Punjab, India

Public Private Partnership in Highway Sector in Punjab, India Public Private Partnership in Highway Sector in Punjab, India Infrastructure Governance Roundtable March 24 th, 2006 Kulwinder Singh Rao Deputy Project Director Punjab Roads & Bridges Development Board

More information

Sumant Chak MAKING PPP ATTRACTIVE FOR PRIVATE FINANCE IN INFRASTRUCTURE THE INDIA STORY. Asian Institute of Transport Development

Sumant Chak MAKING PPP ATTRACTIVE FOR PRIVATE FINANCE IN INFRASTRUCTURE THE INDIA STORY. Asian Institute of Transport Development MAKING PPP ATTRACTIVE FOR PRIVATE FINANCE IN INFRASTRUCTURE THE INDIA STORY Sumant Chak Asian Institute of Transport Development Railway Staff College, Vadodara Course: BIMSTEC and MGC officers Course,

More information

Experience of Implementing Transportation PPPs in India. Abhijit Bhaumik August 6, 2015

Experience of Implementing Transportation PPPs in India. Abhijit Bhaumik August 6, 2015 Experience of Implementing Transportation PPPs in India Abhijit Bhaumik August 6, 2015 Experience of Implementing PPPs in India India has witnessed successful PPPs across several infrastructure sectors

More information

Scheme Financing Infrastructure Projects through the India Infrastructure Finance Company Limited (IIFCL)

Scheme Financing Infrastructure Projects through the India Infrastructure Finance Company Limited (IIFCL) Government of India Scheme Financing Infrastructure Projects through the India Infrastructure Finance Company Limited (IIFCL) Published by The Secretariat for the Committee on Infrastructure Planning Commission,

More information

ORISSA PUBLIC PRIVATE PARTNERSHIP POLICY-2007

ORISSA PUBLIC PRIVATE PARTNERSHIP POLICY-2007 ORISSA PUBLIC PRIVATE PARTNERSHIP POLICY-2007 PLANNING & CO-ORDINATION DEPARTMENT RESOLUTION No.12711 / PPP 38/2006 Dated 07 th August 2007 Sub: - ORISSA PUBLIC PRIVATE PARTNERSHIP (PPP) POLICY- 2007 1

More information

Financing Strategies: Improving Public Expenditure Efficiency

Financing Strategies: Improving Public Expenditure Efficiency Financing Strategies: Improving Public Expenditure Efficiency National Workshop on Infrastructure Financing Strategies for Sustainable Development Organized by The United Nations ESCAP and National Planning

More information

FACILITATING ACCESS TO FINANCE FOR INFRASTRUCTURE PROJECTS: ESTABLISHING DEDICATED INSTITUTIONS

FACILITATING ACCESS TO FINANCE FOR INFRASTRUCTURE PROJECTS: ESTABLISHING DEDICATED INSTITUTIONS INDONESIA INFRASTRUCTURE GUARANTEE FUND (IIGF) FACILITATING ACCESS TO FINANCE FOR INFRASTRUCTURE PROJECTS: ESTABLISHING DEDICATED INSTITUTIONS United Nations Economic And Social Commission For Asia And

More information

B. Whereas the development of infrastructure requires debt of longer maturity to supplement the debt funds presently available; and

B. Whereas the development of infrastructure requires debt of longer maturity to supplement the debt funds presently available; and Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called the India Infrastructure Finance Company Limited (IIFCL) (Revised) 1. Preamble A. Whereas the Government of

More information

Long Term Investment: Investment Regulation, Financial Instruments, Risk Mitigation and Risk Sharing Mechanisms

Long Term Investment: Investment Regulation, Financial Instruments, Risk Mitigation and Risk Sharing Mechanisms 2017/FDM1/008 Session: 3 Long Term Investment: Investment Regulation, Financial Instruments, Risk Mitigation and Risk Sharing Mechanisms Purpose: Information Submitted by: Organisation for Economic Co-operation

More information

Gautrain Rapid Rail Link - A Public Private Partnership Development Model

Gautrain Rapid Rail Link - A Public Private Partnership Development Model Gautrain Rapid Rail Link - A Public Private Partnership Development Model T E R R Y R A M A B U L A N A M. C O M ; A G A ( S A ) ; D I P ( F A ) ; M I S T D E X E C U T I V E D I R E C T O R T I S H O

More information

Takeout Finance Scheme for Financing Viable Infrastructure Projects

Takeout Finance Scheme for Financing Viable Infrastructure Projects Takeout Finance Scheme for Financing Viable Infrastructure Preamble In the Union Budget speech for the year 2009-10, the Hon ble Union Finance Minister stated To stimulate public investment in infrastructure,

More information

GOVERNMENT OF ARUNACHAL PRADESH DEPARTMENT OF PLANNING

GOVERNMENT OF ARUNACHAL PRADESH DEPARTMENT OF PLANNING GOVERNMENT OF ARUNACHAL PRADESH DEPARTMENT OF PLANNING No. PD (PPP) 3/2010-11 Dated Itanagar, the 12th April, 2011 To. The Principal Secretaryl Commissioner/Secretary, GOVT. OF ARUNACHAL PRADESH. Sub:

More information

MINISTRY OF FINANCE AND ECONOMIC AFFAIRS

MINISTRY OF FINANCE AND ECONOMIC AFFAIRS MINISTRY OF FINANCE AND ECONOMIC AFFAIRS Contents 1. PREAMBLE 4 2. THE POLICY OBJECTIVES 5 3. DEFINITION OF PPP 5 4. BENEFITS OF PPP 6 5. KEY GUIDING PRINCIPLES 7 6. SCOPE AND APPLICATION OF PPP PROJECTS

More information

PUBLIC PRIVATE PARTNERSHIP IN NEPAL. Sushil Bhatta Member, National Planning Commission Government of Nepal

PUBLIC PRIVATE PARTNERSHIP IN NEPAL. Sushil Bhatta Member, National Planning Commission Government of Nepal PUBLIC PRIVATE PARTNERSHIP IN NEPAL Sushil Bhatta Member, National Planning Commission Government of Nepal 1 Outline Context Role of PPP in Infrastructure Evolution of Legal Framework for PPP PPP Practice

More information

Plenary 2: Public-Private Partnerships. Monday, 12:00 to 13:00

Plenary 2: Public-Private Partnerships. Monday, 12:00 to 13:00 Plenary 2: Public-Private Partnerships Monday, 12:00 to 13:00 Session agenda 1. What is PPP? 2. When are PPPs appropriate and where have they been used? 3. PPI in South Asia 4. Key terms 5. Summary and

More information

Investment Opportunities in Infrastructure Exciting Times to be in India

Investment Opportunities in Infrastructure Exciting Times to be in India Creation of world class infrastructure, a prerequisite & foundation for growth, has finally caught the imagination of India and the country is on the move. This is apparent in the rapid growth of wide

More information

An Introduction to PPP s

An Introduction to PPP s An Introduction to PPP s AAPA Facilities Engineering Seminar San Diego November 8 th, 2007 Presented by Manju Chandrasekhar Vice President Halcrow, Inc. Outline A Definition of PPP s Principles of PPP

More information

Public-Private Partnerships:

Public-Private Partnerships: Public-Private Partnerships: Risks & Rewards S. Brian Samuel, PPP Coordinator, CDB High-Level PPP Workshop, Caribbean Growth Forum St. Lucia, 15 th June 2015 POSSIBILITIES REWARDS RISKS LESSONS OPPORTUNITIES

More information

The Role of PT. Sarana Multi Infrastruktur in Infrastructure Development

The Role of PT. Sarana Multi Infrastruktur in Infrastructure Development The Role of PT. Sarana Multi Infrastruktur in Infrastructure Development 1 OUTLINE Background Profile Framework Financing Policy Challenges Target 2 BACKGROUND Rationale 1. Global economic condition 2.

More information

The Kuala Lumpur Statement on Financing Sources for Public-Private Partnerships in South-East Asia

The Kuala Lumpur Statement on Financing Sources for Public-Private Partnerships in South-East Asia Sub-Regional Expert Group Meeting (EGM) for South-East Asian Countries Financing Sources for Public-Private Partnerships (PPPs) The Kuala Lumpur Statement on Financing Sources for Public-Private Partnerships

More information

GLOBAL INFRASTRUCTURE FACILITY. A partnership platform for greater investment in the infrastructure of emerging markets and developing economies

GLOBAL INFRASTRUCTURE FACILITY. A partnership platform for greater investment in the infrastructure of emerging markets and developing economies GLOBAL INFRASTRUCTURE FACILITY A partnership platform for greater investment in the infrastructure of emerging markets and developing economies COLLABORATION FINANCE LEVERAGE IMPACT The Global Infrastructure

More information

Private Sector Participation in Highways Some Insights

Private Sector Participation in Highways Some Insights Private Sector Participation in Highways Some Insights STATE HIGHWAYS WORKSHOP By The World Bank 2 nd November, 2006 Presentation Structure Why Private Finance International Experience Key Lessons for

More information

Alternative ways of Financing Urban Development

Alternative ways of Financing Urban Development External Support for Decentralization Reforms & Local Governance Systems in the Asia Pacific: Better Performance, Higher Impact? Cities Development Initiative for Asia Alternative ways of Financing Urban

More information

18th Year of Publication. A monthly publication from South Indian Bank.

18th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community... Open YAccess www.sib.co.in ho2099@sib.co.in A monthly publication from South Indian Bank 18th Year of Publication SIB STUDENTS

More information

Keynote Address: Legal Issues for PPP Transactions

Keynote Address: Legal Issues for PPP Transactions Keynote Address: Legal Issues for PPP Transactions Asia PPP Practitioners Network 2016 Conference Korea Development Institute, 30 November 2016 M. Moseley Lead Lawyer Public Private Partnerships Group

More information

Overview of the framework

Overview of the framework Overview of the framework Need for a framework Economic growth and trade expansion in recent years have enhanced the relevance of port sector as a critical element in globalisation of the Indian economy.

More information

Infrastructure Development Finance Company Limited

Infrastructure Development Finance Company Limited Infrastructure Development Finance Company Limited Presentation on Road Sector Financing Our four sector focus: Energy. Telecom. Transport Industrial & Commercial Infrastructure Agenda 1 Road Sector Overview

More information

Improving public investment efficiency for infrastructure development

Improving public investment efficiency for infrastructure development National Workshop on Infrastructure Financing Strategies for Sustainable Development in Viet Nam Hanoi, 3 October 2017 Improving public investment efficiency for infrastructure development Mr Mathieu Verougstraete

More information

Partnerships in Transportation Workshop Transportation PPPs beyond Toll Roads

Partnerships in Transportation Workshop Transportation PPPs beyond Toll Roads TRANSACTION ADVISORY SERVICES PPP ADVISORY Partnerships in Transportation Workshop Transportation PPPs beyond Toll Roads Alistair SAWERS, Head of Transport, PPP Advisory, Ernst & Young 1 Introduction Brownfield

More information

OECD-India Investment Roundtable. India s Investment Policies and Outlook

OECD-India Investment Roundtable. India s Investment Policies and Outlook OECD-India Investment Roundtable India s Investment Policies and Outlook Umesh Kumar Joint Secretary Ministry of Commerce & Industry Department of Industrial Policy & Promotion New Delhi October 19, 2004

More information

India s PPP Program Progress, Key Takeaways & Emerging Challenges

India s PPP Program Progress, Key Takeaways & Emerging Challenges India s PPP Program Progress, Key Takeaways & Emerging Challenges South Asia Sustainable Development Department The World Bank LAC Study Tour April 2009 1 A quick regional snapshot In SAR, efforts to attract

More information

MEP Infrastructure Developers Limited Q1 FY16 Earnings Conference Call. August 17, 2015

MEP Infrastructure Developers Limited Q1 FY16 Earnings Conference Call. August 17, 2015 MEP Infrastructure Developers Limited Q1 FY16 Earnings Conference Call MANAGEMENT: MR. JAYANT MHAISKAR VICE CHAIRMAN & MANAGING DIRECTOR, MEP INFRASTRUCTURE DEVELOPERS LIMITED MR. MURZASH MANEKSHANA EXECUTIVE

More information

Investor Day April 2010 INVESTMENT STRATEGY. Mr. DAVID DIAZ Corporate Development Director

Investor Day April 2010 INVESTMENT STRATEGY. Mr. DAVID DIAZ Corporate Development Director Investor Day April 2010 INVESTMENT STRATEGY Mr. DAVID DIAZ Corporate Development Director abertis: Investment strategy 1. An overview of the infrastructure market 2. abertis strategy 3. A robust methodology

More information

Financing Sustainable Infrastructure In Asia. Fei Yu Deputy Representative Asian Development Bank North American Representative Office

Financing Sustainable Infrastructure In Asia. Fei Yu Deputy Representative Asian Development Bank North American Representative Office Financing Sustainable Infrastructure In Asia Fei Yu Deputy Representative Asian Development Bank North American Representative Office Agenda The Asia Scene The sustainable infrastructure gap The current

More information

The Role of the Public and Private Sector in Transport Infrastructure

The Role of the Public and Private Sector in Transport Infrastructure The Role of the Public and Private Sector in Transport Infrastructure Infrastructure Finance and the Challenges of Improving Transport Infrastructure and Services Transport Forum 2005 Washington DC, March

More information

India Infrastructure Debt Fund: A Concept Paper

India Infrastructure Debt Fund: A Concept Paper India Infrastructure Debt Fund: A Concept Paper - Gajendra Haldea Creation of world-class infrastructure has been recognised as a key priority and a necessary condition for sustaining the growth momentum

More information

18th Year of Publication. A monthly publication from South Indian Bank.

18th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community... Open YAccess www.sib.co.in ho2099@sib.co.in A monthly publication from South Indian Bank 18th Year of Publication SIB STUDENTS

More information

Mobilizing Islamic Finance for Long Term Financing: Lessons From Conventional Finance. Ana Carvajal

Mobilizing Islamic Finance for Long Term Financing: Lessons From Conventional Finance. Ana Carvajal Mobilizing Islamic Finance for Long Term Financing: Lessons From Conventional Finance Ana Carvajal Istanbul, November 2015 The Context: Gaps in long term finance Infrastructure Financing gap estimated

More information

India ASEAN Cooperation

India ASEAN Cooperation Moving Forward with ASEAN-INDIA Connectivity it Financing and Supporting Mechanism: Views from Exim Bank November 27, 2013 Bangkok India ASEAN Cooperation ASEAN is the second-largest trade partner of India

More information

Revenue Models, Financing Options and Value Capture

Revenue Models, Financing Options and Value Capture Revenue Models, Financing Options and Value Capture D T V RAGHU RAMA SWAMY Urban PPPs Snapshot Water Supply SWM/ Sanitation Urban Transport Urban Housing Too many models for implementation, no standardization,

More information

SECTOR ASSESSMENT (SUMMARY): ROAD TRANSPORT

SECTOR ASSESSMENT (SUMMARY): ROAD TRANSPORT A. Sector Road Map Road Improvement and Institutional Development Project (RRP PHI 41076) SECTOR ASSESSMENT (SUMMARY): ROAD TRANSPORT 1. Sector Performance, Problems and Opportunities 1. Roads provide

More information

ROAD DEVELOPMENT IN INDIA

ROAD DEVELOPMENT IN INDIA ROAD DEVELOPMENT IN INDIA - 2010 This report is the most up-to-date and comprehensive review of the Indian road sector. The report provides: The latest status of projects, programmes and policies (as on

More information

Political and Regulatory Risk in Infrastructure Projects

Political and Regulatory Risk in Infrastructure Projects Political and Regulatory Risk in Infrastructure Projects 2017 3. Political and Regulatory Risk The World Economic Forum s Framework Knowledge Series 2011/12 2012/13 2013/14 Project origination Project

More information

Model Concession Agreement for Highways: An Overview

Model Concession Agreement for Highways: An Overview Model Concession Agreement for Highways: An Overview - Gajendra Haldea The highways sector in India is witnessing significant interest from both domestic as well as foreign investors following the policy

More information

Scaling up investment in Infrastructure: The Indian experience

Scaling up investment in Infrastructure: The Indian experience Scaling up investment in Infrastructure: The Indian experience - Gajendra Haldea November 30, 2010 IMF, Washington Infrastructure Deficit Power 14% peaking deficit and 11% energy shortage; 27% T&D losses;

More information

2. Australia, Australian Government Ausaid (2011 )[online], /kevaid/ infra.cfm [Accessed 10 lh May 2011]

2. Australia, Australian Government Ausaid (2011 )[online],   /kevaid/ infra.cfm [Accessed 10 lh May 2011] REFERENCES 1. Asian Development Bank. (2008) "Public-Private Partnership Hand Book" http://www.adb.org/documents/handbooks/public-private-partnership/public- Private -Partnership.pdf 2. Australia, Australian

More information

Financing Infrastructure in Asia and the Pacific

Financing Infrastructure in Asia and the Pacific Financing Infrastructure in Asia and the Pacific Building Bridges III S. Samuel Tumiwa Deputy Representative North America Representative Office November 2015 1 What Does All This Mean Re-emergence of

More information

II Simpósio Internacional PwC Inovação em Gestão Pública Abril 2011

II Simpósio Internacional PwC Inovação em Gestão Pública Abril 2011 www.pwc.com/br II Simpósio Internacional PwC Inovação em Gestão Pública Abril 2011 Agenda 1. PwC 2. Global PPP context 3. What is PPP 4. Payment Mechanisms and Demand Risk 5. Alternative Financing Models

More information

Project Finance in PPP. Presented by Chaitanya Talwalkar Vice President, Axis Bank Ltd.

Project Finance in PPP. Presented by Chaitanya Talwalkar Vice President, Axis Bank Ltd. Project Finance in PPP Presented by Chaitanya Talwalkar Vice President, Axis Bank Ltd. 1 What is PPP? PPP (Public Private Partnership) involves a contract between a public sector authority and a private

More information

Financing for Sustainable Urbanization

Financing for Sustainable Urbanization Place Date here Financing for Sustainable Urbanization Rana Hasan* Asian Development Bank The 4th Asian Think Tank Development Forum New Delhi, India October 27 2016 This presentation has benefited from

More information

RCI as Driver of Inclusive Growth

RCI as Driver of Inclusive Growth RCI as Driver of Inclusive Growth 19 July 2013 Alfredo Perdiguero Principal Economist Thailand Resident Mission Southeast Asia Department Asian Development Bank Disclaimer: In preparing any country program

More information

Vizhinjam Port A case study. Rachna Gupta

Vizhinjam Port A case study. Rachna Gupta Vizhinjam Port A case study Rachna Gupta The Project Development of a Deepwater International Container Transshipment Terminal with Public Private Participation on BOT basis Location 20 km south of trivandrum

More information

OECD meets with business on base erosion and profit shifting action plan

OECD meets with business on base erosion and profit shifting action plan 4 October 2013 OECD meets with business on base erosion and profit shifting action plan Executive summary On 1 October 2013, the Organisation for Economic Cooperation and Development (OECD) held a meeting

More information

PROVINCIAL ASSEMBLY OF SINDH NOTIFICATION KARACHI, THE 17 TH MARCH, 2010

PROVINCIAL ASSEMBLY OF SINDH NOTIFICATION KARACHI, THE 17 TH MARCH, 2010 PROVINCIAL ASSEMBLY OF SINDH NOTIFICATION KARACHI, THE 17 TH MARCH, 2010 NO.PAS/Legis-B-1/2010- The Sindh Public-Private Partnership Bill, 2010 having been passed by the Provincial Assembly of Sindh on

More information

Training workshop PPP in health sector

Training workshop PPP in health sector EU Health Facility, Vietnam Training workshop PPP in health sector Session 9 Tran Duy Hung Senior PPP and Finance Expert Da Nang, 1-3 December, 2016 1 Content Healthcare PPP structures/options Financing

More information

Headline Verdana Bold. Uganda PPP Act - Implications for Public Sector Accounting Kenneth LEGESI Deloitte (Uganda) Limited

Headline Verdana Bold. Uganda PPP Act - Implications for Public Sector Accounting Kenneth LEGESI Deloitte (Uganda) Limited Headline Verdana Bold Uganda PPP Act - Implications for Public Sector Accounting Kenneth LEGESI Deloitte (Uganda) Limited About us Kenneth Legesi Infrastructure and Capital Projects / PPP Advisory Deloitte

More information

AMP Capital Advantage Core Infrastructure Fund

AMP Capital Advantage Core Infrastructure Fund AMP Capital Advantage Core Infrastructure Fund Product Disclosure Statement Issued 15 January 2018 Issued by AMP Capital Funds Management Limited ABN 15 159 557 721 AFSL 426455 Contents About AMP Capital

More information

Public-Private Partnerships Association of Government Accountants

Public-Private Partnerships Association of Government Accountants Public-Private Partnerships Association of Government Accountants Fall Education Seminar Bob Childree November 2010 America's Infrastructure Report Card America s Infrastructure Report Card (American Society

More information

Cross country analysis of PPP: The case of urban rail

Cross country analysis of PPP: The case of urban rail Cross country analysis of PPP: The case of urban rail Joana Ribeiro, Rui Couchinho, Rosário Macário IST, Universidade de Lisboa, Portugal Champika Liyanage, Christopher Boles UCLAN, UK Contents Introduction

More information

PROJECT INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: AB3202 Project Name. Kenya Nairobi Urban Toll Road PRG Region

PROJECT INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: AB3202 Project Name. Kenya Nairobi Urban Toll Road PRG Region Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized PROJECT INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: AB3202 Project Name Kenya

More information

PPP Ugandan Experience. September 5 th Speaker : Beatrice Florah Ikilai Team Leader: Privatisation Unit Ministry of Finance

PPP Ugandan Experience. September 5 th Speaker : Beatrice Florah Ikilai Team Leader: Privatisation Unit Ministry of Finance PPP Ugandan Experience September 5 th 2011 Speaker : Beatrice Florah Ikilai Team Leader: Privatisation Unit Ministry of Finance Prior to PPPs- Infrastructure Investments Funding From Capex Budget Limited

More information

BALANCED CONCESSIONS FOR THE AIRPORT INDUSTRY DELIVERING WIN-WIN OUTCOMES FOR SUCCESSFUL AIRPORT CONCESSION CONTRACTS

BALANCED CONCESSIONS FOR THE AIRPORT INDUSTRY DELIVERING WIN-WIN OUTCOMES FOR SUCCESSFUL AIRPORT CONCESSION CONTRACTS BALANCED CONCESSIONS FOR THE AIRPORT INDUSTRY DELIVERING WIN-WIN OUTCOMES FOR SUCCESSFUL AIRPORT CONCESSION CONTRACTS Purpose IATA frequently engages with governments and asset owners who are seeking to

More information

Key issues considered in the dialogue: - what financing measures will best ensure bankable projects. Specifically, the dialogue focused on:

Key issues considered in the dialogue: - what financing measures will best ensure bankable projects. Specifically, the dialogue focused on: SUMMARY REPORT OF THE ASIA PACIFIC INFRASTRUCTURE PARTNERSHIP (APIP) DIALOGUE HELD WITH VIETNAM GOVERNMENT OFFICIALS AT THE MINISTRY OF FINANCE HANOI, VIETMAN 20 TH JULY 2012. Introduction: A highly constructive

More information

EY Tax Alert. Executive summary

EY Tax Alert. Executive summary 26 July 2016 EY Tax Alert Services provided by SEZ unit to the DTA unit of the same legal entity held liable to Service tax, however no tax payable in absence of consideration Executive summary Tax Alerts

More information

India: Public Private Partnerships in Highways Sector

India: Public Private Partnerships in Highways Sector India: Public Private Partnerships in Highways Sector Prepared by World Bank as input for IDA paper, 2008 (provided by Tarun Sankar, PPIAF office, South Asia) India s transport program is one of the most

More information

XII. Public Private Partnerships for Public Transport Investments

XII. Public Private Partnerships for Public Transport Investments XII. Public Private Partnerships for Public Transport Investments Introduction to Public Transport Planning and Reform XII-1 What is PPP? Agreement between Public and Private sector entities Often (but

More information

Overview of the framework

Overview of the framework Overview of the framework Need for a framework The highways sector in India is witnessing a significant interest from both domestic as well as foreign investors following the policy initiatives taken by

More information

IPP TRANSACTION ADVISOR TERMS OF REFERENCE

IPP TRANSACTION ADVISOR TERMS OF REFERENCE IPP TRANSACTION ADVISOR TERMS OF REFERENCE Terms of reference for transaction advisor services to the Government of [ ] for the [insert description of the project] (the Project ). Contents 1. Introduction

More information

Private Capital for Public Ports

Private Capital for Public Ports Port Property Management and Pricing Seminar Private Capital for Public October 24, 2006 Ira Smelkinson Morgan Stanley New York, NY Current Infrastructure Environment Well developed capital markets for

More information

Problems and Prospects of Public Private Partnership in Bangladesh

Problems and Prospects of Public Private Partnership in Bangladesh Problems and Prospects of Public Private Partnership in Bangladesh M. Fouzul Kabir Khan North South University Dhaka, 16 July 2012 What is PPP? PPP is a form of medium/long term contractual arrangement

More information

THE FUTURE OF INFRASTRUCTURE FINANCE IN MEASA

THE FUTURE OF INFRASTRUCTURE FINANCE IN MEASA Infrastructure brings economic and social value to a country: it can drive economic growth by facilitating business activity; it can provide residents with essential services, from mobility to electricity;

More information

Alternative Investments Introduction To Real Estate Investments

Alternative Investments Introduction To Real Estate Investments Alternative Investments Introduction To Real Estate Investments Growth( %) India: Growth Engine of the World Economy India is the Seventh largest country in the world in terms of GDP and third largest

More information

CONFERENCE REPORT BACKGROUND

CONFERENCE REPORT BACKGROUND BACKGROUND Asia Pacific Infrastructure Partnership (APIP) Dialogue with the Government of Indonesia 22 October 2012 * 2:30 pm 5:30 pm Ballroom 3, The Ritz Carlton Jakarta Mega Kuningan, Jakarta, Indonesia

More information

Ordinary General Shareholders' Meeting of

Ordinary General Shareholders' Meeting of Ordinary General Shareholders' Meeting of 8 May 2018 Speech by the CEO Marcelino Fernández Verdes Introduction Fellow shareholders, good morning and many thanks for attending this General Shareholders'

More information

Indian Construction and Infrastructure Sector

Indian Construction and Infrastructure Sector ICRA RESEARCH SERVICES Corporate Ratings Indian Construction and Infrastructure Sector Revival expected with measures to ease project funding; Initiatives like InvIT are long term positive and can revive

More information

Report. NATIONAL MISSION FOR CLEAN GANGA Ministry of Water Resources, River Development and Ganga Rejuvenation

Report. NATIONAL MISSION FOR CLEAN GANGA Ministry of Water Resources, River Development and Ganga Rejuvenation Report MARKET CONFERENCE on Hybrid-Annuity based Public Private Partnership (PPP) model for creation of sewage treatment infrastructure under Namami Gange Programme NATIONAL MISSION FOR CLEAN GANGA Ministry

More information

Consulate General of India Durban. Trade and Investment Opportunities in India. Focus Area : Medical Tourism

Consulate General of India Durban. Trade and Investment Opportunities in India. Focus Area : Medical Tourism Consulate General of India Durban Trade and Investment Opportunities in India Focus Area : Medical Tourism Economy $2.45 trillion economy. Economic Growth: 7.9% (2015-16); 7.1% in (2016-17) Sectoral contribution

More information

INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE Presentation to UNECE PPP Conference Geneva, May 2018

INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE Presentation to UNECE PPP Conference Geneva, May 2018 INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE 2018 Presentation to UNECE PPP Conference Geneva, May 2018 PROPOSITION INFRAKAP HAS LAUNCHED THE EURASIAN INFRASTRUCTURE VALUE FUND FOR SOPHISTICATED

More information

ECONOMIC ANALYSIS. I. Introduction and Historical Background

ECONOMIC ANALYSIS. I. Introduction and Historical Background ECONOMIC ANALYSIS I. Introduction and Historical Background Accelerating Infrastructure Investment Facility in India (RRP IND 47083) 1. According to the Planning Commission of India s approach paper to

More information

TOOLKIT FOR ANALYSIS OF URBAN INFRASTRUCTURE PROJECTS FOR PUBLIC PRIVATE PARTNERSHIPS (PPP)

TOOLKIT FOR ANALYSIS OF URBAN INFRASTRUCTURE PROJECTS FOR PUBLIC PRIVATE PARTNERSHIPS (PPP) TOOLKIT FOR ANALYSIS OF URBAN INFRASTRUCTURE PROJECTS FOR PUBLIC PRIVATE PARTNERSHIPS (PPP) UNDER Mission Directorate Jawaharlal Nehru National Urban Renewal Mission Ministry of Urban Development Government

More information

AICEP BUSINESS OPPORTUNITIES SEMINAR EBRD Lisbon, 22 nd of November 2012

AICEP BUSINESS OPPORTUNITIES SEMINAR EBRD Lisbon, 22 nd of November 2012 AICEP BUSINESS OPPORTUNITIES SEMINAR EBRD Lisbon, 22 nd of November 2012 Municipal and Environmental Infrastructure Team Susan Goeransson, Senior Banker European Bank for Reconstruction and Development

More information

Private Sector Port Financing, Investment and Development Initiatives

Private Sector Port Financing, Investment and Development Initiatives Private Sector Port Financing, Investment and Development Initiatives Tony Renzi, Akin Gump Strauss Hauer & Feld LLP 2017 Akin Gump Strauss Hauer & Feld LLP Outlook for US Port Investment Significant unmet

More information

PPP - ADB's role in structuring, financing and procurement. Asean Connectivity Forum 8 November, 2016

PPP - ADB's role in structuring, financing and procurement. Asean Connectivity Forum 8 November, 2016 PPP - ADB's role in structuring, financing and procurement Asean Connectivity Forum 8 November, 2016 Contents I. Asian Development Bank products & procurement II. III. Challenges to PPP in Asia and the

More information

Public Private Partnerships. Gautrain Rapid Rail Link. in St Petersburg. World Bank Institute. CEO: Gautrain Management Agency

Public Private Partnerships. Gautrain Rapid Rail Link. in St Petersburg. World Bank Institute. CEO: Gautrain Management Agency Public Private Partnerships in St Petersburg Gautrain Rapid Rail Link World Bank Institute Jack van der Merwe (Pr.Eng) CEO: Gautrain Management Agency 07-08 December 2007 Why Gauteng... why Gautrain? The

More information

MITIGATING THE IMPACT OF THE FINANCIAL CRISIS ON THE URBAN POOR USING RESULTS-BASED FINANCING SUCH AS OUTPUT-BASED AID FOR SLUM UPGRADING

MITIGATING THE IMPACT OF THE FINANCIAL CRISIS ON THE URBAN POOR USING RESULTS-BASED FINANCING SUCH AS OUTPUT-BASED AID FOR SLUM UPGRADING INFRA GUIDANCE NOTES THE WORLD BANK, WASHINGTON, DC May 2009 IN-1 MITIGATING THE IMPACT OF THE FINANCIAL CRISIS ON THE URBAN POOR USING RESULTS-BASED FINANCING SUCH AS OUTPUT-BASED AID FOR SLUM UPGRADING

More information

EY Tax Alert. Executive summary

EY Tax Alert. Executive summary 10 October 2014 EY Tax Alert CBDT Circular on threshold limit for transfer of technical manpower to new SEZ unit for availing profit-linked deduction Executive summary Tax Alerts cover significant tax

More information

EY Tax Alert. Executive summary

EY Tax Alert. Executive summary 5 June 2015 EY Tax Alert India joins the Multilateral Competent Authority Agreement to facilitate standardized Automatic Exchange of Information Executive summary Tax Alerts cover significant tax news,

More information

Workshop on PPP in Roads and Highways

Workshop on PPP in Roads and Highways Workshop on PPP in Roads and Highways Vickram Cuttaree, PPP-Coordinator, Europe & Central Asia Member of the Global Expert Team on PPP June 7, 2011 Agenda Rationale for PPP and International Experience

More information

PricewaterhouseCoopers. World overview of the PPP Markets. 26 March 2012

PricewaterhouseCoopers. World overview of the PPP Markets. 26 March 2012 PricewaterhouseCoopers World overview of the PPP Markets 26 March 2012 Contents The global project finance market The global PPP market Trends, observations and the future The big picture Global project

More information

Delhi Tribunal rules income of non-resident that is not attributable to PE in India shall still be taxable in India as FTS

Delhi Tribunal rules income of non-resident that is not attributable to PE in India shall still be taxable in India as FTS 12 October 2016 EY Tax Alert Delhi Tribunal rules income of non-resident that is not attributable to PE in India shall still be taxable in India as FTS Executive summary Tax Alerts cover significant tax

More information

Session 8 Case Study: PHI: Development Policy Support Program Kelly Bird Southeast Asia Regional Department

Session 8 Case Study: PHI: Development Policy Support Program Kelly Bird Southeast Asia Regional Department Session 8 Case Study: PHI: Development Policy Support Program Kelly Bird Southeast Asia Regional Department Introductory Course on Economic Analysis of Policy-Based Lending Operations 7 June 2007 ADB-Philippines

More information

National Housing Infrastructure Facility Consultation: Cbus Infrastructure Submission

National Housing Infrastructure Facility Consultation: Cbus Infrastructure Submission National Housing Infrastructure Facility Consultation: Cbus Infrastructure Submission The Australian Government s plan to address social housing includes, among other measures, establishing a $1 billion

More information