Boosting Infrastructure Financing through Risk Mitigation Instruments
|
|
- Austin Henry
- 6 years ago
- Views:
Transcription
1 Boosting Infrastructure Financing through Risk Mitigation Instruments Financing Sources for Public-Private Partnerships Forum Kuala Lumpur, 25 November 2015 Dr Armand Hermawan CFO Indonesia Infrastructure Guarantee Fund Printed: 20/11/2015
2 Indonesia infrastructure context Total infrastructure stock 2012, % of GDP 100 Roads Rail Ports Airports Power Water Telecom ~ Brazil 1 UK Canada India USA Germany Spain China Poland South Indonesia 2 Africa 1 For Brazil, road data contains all of transport. The estimate shown is based on data provided courtesy of Dr. Armando Castelar. 2 Indonesia transport stock is an expert estimate and ranges approx. 5-10% of GDP in 2012 Source: various national statistics; McKinsey Global Institute analysis 2
3 Indonesia infrastructure context Bn USD, real 2013 Investment gap ESTIMATES Investment required to meet the 70% rule of thumb for infrastructure stock ~ 1,160-1,170 1 ~ ~ MP3EI plan New investment needed 2025 GDP value (USD billion, real 2013) E1.Estimate based on Global Insights GDP growth forecast in , ranging from 5,1% to 6%. All data are in real base An additional ~US$ 277 bn (1.5-2% GDP) would be needed to include capex depreciation Source: Indonesia Coordinating Ministry For Economic Affairs, Global Insights, McKinsey analysis 4
4 Indonesia infrastructure context 5
5 Indonesia infrastructure PPP context Bn USD, real 2013 PPP potential ESTIMATES ~ ~ 1,160-1, ~ ~ MP3EI plans New investment needed 2025 GDP value (USD billion, real 2013) Estimate based on Global Insights GDP growth forecast in , ranging from 5,1% to 6%. All data are in real base An additional ~US$ 277 bn (1.5-2% GDP) would be needed to include capex depreciation Source: Indonesia Coordinating Ministry For Economic Affairs, Global Insights, McKinsey analysis 6
6 four fundamental benefits by closing the infrastructure investment gap Increased efficiency Private sector has financial interest to deliver on time Optimise life-cycle cost (investment vs. ops cost) Meet budgets (known outputs for known cost) Competition between bidders drive price down Appropriate Risk allocation Risk allocated to party best able to manage it Risk reduction by redefining relationship between parties Maintains quality of service through effective incentive system Leverage Private sector Strengths Maximised use of private sector skill Execution and delivery expertise New sources of financing Injection of private capital and ability to raise additional capital Makes projects affordable if borrowing is limited Project can be funded off-balance sheet 1 7
7 fiscal initiatives and supporting institution Government of Indonesia Land Fund Viability Gap Fund Capital market and regulatory reform Infrastructure Fund Private Investors / Lenders Land Acquisition & Clearance Viability Risk Policy (Bankabaility) Risks Cost of financing Project Financing Refinancing Preparation Bidding Construction Operation 8
8 Indonesia Infrastructure Guarantee Fund Established: December 30, 2009 Authorized Capital: IDR 9 Trillion 100% Government-owned Core Mandate: Single Window for Infrastructure Guarantees 9
9 benefits of the Guarantee to PPP projects INVESTMENT Sustainability of investment Joint project supervision with the Government CREDIBILITY The project is more credible in the eyes of the private sector Increasing competition more competitive rates RISK Professional and efficient risk management Workable and clear risk mitigation plan BANKABILITY Lenders confident to lend Competitive interest rate due to guaranteed term 11
10 a case study: Central Java Power Plant PPP project Project Location Ultra super critical coal fired power plant, 2x1000 MW Batang Regency, Central Java Province, Indonesia COD 2019 Gurarantee Guarantee Agreement for ofidr 300 Bio Central Java Power Project 2x1000 MW; ~US$ 4 bio 6 October 2011 PPA Tenor PPP Structure Developer Guarantee Structure 25 years Build, Operate, Transfer (BOT) PT Bhimasena Power Indonesia, an SPV of consortium: ADARO: 34% (Indonesia) J-POWER: 34% (Japan) ITOCHU: 32% (Japan) Guarantee Agreement: Project Co. with IIGF & GOI Coverage: political risks, force majeure affecting PLN & PLN EOD Guarantee Tenor: Equity : 16 years Debt : 21 years 12
11 however, there s challenges that need to be addressed PPP-specific 1 Issue No end-to-end ownership Challenged Government 2 capacity in pre-fs and project prep Description Misaligned incentives among GCAs and PPP agencies No single unit accountable from origination to completion Lack of mandate from highest authority Varying awareness and capabilities on what it takes to do a PPP Stringent procurement process limits access to world-class advisory firms for project preparation 3 Opaque project selection criteria Opaque criteria for selection and prioritization of PPPs Limited consideration of financial viability during project selection results in projects tendered without viable fiscal support Relevant Conflicting 4 regulatory framework Over 30 laws and regulations govern PPPs Contradicting stipulations across sectors; and between national and local governments 13
12 ..resulting in 5 corresponding actions to unlock PPP potential Recommendation Description 1 2 Authoritative and credible PPP center Mainstreaming PPPs as an infrastructure delivery mode Serve as control tower, ensuring that PPPs reach financial close PPP champion, driver of transformation, owner of reforms Define robust criteria to determine when PPP is most suitable delivery mode Adopt value-for-money (VFM) principles Project development fund for 3 accelerating procurement of world-class advisory services Pool all resources to ensure allocation across projects are maximized Develop readily available roster of technical, financial and legal advisors to support transactions 4 Capability-building program across the bureaucracy Develop programs to address three key areas: Awareness-raising PPP Basics Specialized transaction skills 5 Debottleneck regulations Conduct regulatory audit Propose specific amendments 14
13 Thank You 15
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 informationIndonesia. PPP Country Profile Indonesia. 1. Overview
Last Revised: June 2015 Indonesia 1. Overview ASEAN s largest economy, Indonesia, has grown at a robust real GDP growth rate within a range of 5.0 6.5 percent from 2004 to 2014, with an exception of a
More informationSMI AS A LOCAL PARTNER FOR FOREIGN INVESTORS IN INFRASTRUCTURE PROJECT INVESTMENT IN INDONESIA
SMI AS A LOCAL PARTNER FOR FOREIGN INVESTORS IN INFRASTRUCTURE PROJECT INVESTMENT IN INDONESIA Emma Sri Martini, President Director PT Sarana Multi Infrastruktur (Persero) a leading catalyst in the acceleration
More informationGLOBAL 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 informationPPP Fiscal Risk Management - The Implementation
2011/FMP/CON/017 Session 6 PPP Fiscal Risk Management - The Implementation Submitted by: Indonesia Conference on the Framework and Options for Public and Private Financing of Infrastructure Washington,
More informationA brief on current Indonesia s PPP Program. Directorate General of Budget Financing and Risk Management - Ministry of Finance Republic of Indonesia
A brief on current Indonesia s PPP Program Directorate General of Budget Financing and Risk Management - Ministry of Finance Republic of Indonesia 1 Indonesia has been striving to close infrastructure
More informationDraft 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 informationCanada Infrastructure Bank. November 2018
Canada Infrastructure Bank November 2018 1 CIB Mandate Invest $35B Attract private capital Into new infrastructure projects In the public interest Transfer significant usage or demand risk Provide advisory
More informationDiscussant s Comment on Session I
Tokyo Fiscal Forum 2015 Long-Term Growth and Fiscal Sustainability in Asia: Challenges and Long-Term Prospects Discussant s Comment on Session I Dr. Rofyanto Kurniawan Director, Center of Budget Policy
More informationHeadline 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 informationInvestor 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 informationIndonesia. 1. Noteworthy practices for project preparation. Case Study
Case Study Indonesia 1. Noteworthy practices for project preparation EXISTING ENABLING ENVIRONMENT Domestic infrastructure financing institutions created by the Ministry of Finance are introducing good
More informationImproving Creditworthiness and Project Quality in Ensuring The Implementation of Government-Business Infrastructure Project
Improving Creditworthiness and Project Quality in Ensuring The Implementation of Government-Business Infrastructure Project Muhammad Wahid Sutopo Executive Business Director PlanoCosmo, ITB Bandung, 2
More informationMINISTRY 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 informationSubnational Debt Management in China: Policy and Practice. Budget Department, Ministry of Finance of China October 2018
Subnational Debt Management in China: Policy and Practice Budget Department, Ministry of Finance of China October 2018 CONTENTS I Current situation of China s public debts II Regulating subnational government
More informationDeveloping 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 informationPPP IDENTIFICATION AND PPP PLANNING
PPP IDENTIFICATION AND PPP PLANNING Mohammad Taufiq Rinaldi Planner Directorate of PPP and Financial Engineering Ministry of National Planning Agency/BAPPENAS Republic of Indonesia Asia PPP Practioners
More informationThe 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 informationStrategy #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 informationPPP PUBLIC PRIVATE PARTNERSHIP
PPP PUBLIC PRIVATE PARTNERSHIP Definition by MOF 1. An arrangement between Government and Private party 2. To provide public assets and/or related services for public benefit 3. Private party makes investments
More informationOverview 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 informationBack stop of performance guarantees in solar and storage
2 Back stop of performance guarantees in solar and storage Dr. Ronald Sastrawan Green Tech Solutions Special Enterprise Risks Corporate Insurance Partner Content 1. Green Tech Solutions within Munich Re
More informationwelcome! An overview of the regulatory framework for PPPs with specific analysis in Hospital PPPs by Tomurcuk EROGLU
welcome! An overview of the regulatory framework for PPPs with specific analysis in Hospital PPPs by Tomurcuk EROGLU Why PPPs? Investment structures Healthcare In Numbers Hospital Campus PPP BLT Model
More informationFinancing 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 informationINDONESIA ECONOMIC QUARTERLY CLOSING THE GAP. Frederico Gil Sander Lead Economist October 3, 2017
INDONESIA ECONOMIC QUARTERLY CLOSING THE GAP Frederico Gil Sander Lead Economist October 3, 2017 How is the economy doing? What to expect in 2018? Closing the gap Growth steady amid mostly favorable conditions
More informationPT Paiton Energy A Case Study in Renegotiation
PT Paiton Energy A Case Study in Renegotiation Session on Yong Hee Kong PPP Resource & Research Centre, Kuala Lumpur PT Paiton During Construction 1 PT Paiton Energy (almost complete) Pt Paiton Energy
More informationPPP - 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 informationStrategic Priority: Industrialize Africa
Strategic Priority: Industrialize Africa Strategy Overview The strategy is meant to be delivered through strategic partnerships with key players in the area The strategy is the output of a Tripartite Agreement
More informationPublic Private Partnerships, The Rules Oranjestad February 18, Paul Swanenvleugel
Public Private Partnerships, The Rules Oranjestad Paul Swanenvleugel Paul Swanenvleugel Director PricewaterhouseCoopers Advisory N.V. P.O.Box 9616 1006 GC Amsterdam The Netherlands Ph: +31 88 792 32 19
More informationL Africa nel secolo della nuova energia Martin Catchpole, Credit Suisse
L Africa nel secolo della nuova energia Martin Catchpole, Credit Suisse September 2017 PRELIMINARY SUBJECT TO FURTHER REVIEW AND EVALUATION These materials may not be used or relied upon for any purpose
More informationMobilizing 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 informationRole 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 informationCONFERENCE 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 informationGlobal Construction 2030 Expo EDIFICA 2017 Santiago Chile. 4-6 October 2017
Global Construction 2030 Expo EDIFICA 2017 Santiago Chile 4-6 October 2017 Graham Robinson Global Construction Perspectives Global Construction 2030 is the fourth in a series of global studies of the construction
More informationThe way ahead for Indonesia : How to ensure the financing for its infrastructure projects Dr. Robert Pakpahan, Ak
The way ahead for Indonesia : How to ensure the financing for its infrastructure projects Dr. Robert Pakpahan, Ak Director General of Financing and Risk Management, Ministry of Finance Indonesia Infrastructure
More informationInvestor presentation
Investor presentation October 2017 Our values Predictable Driving results Changemakers Working together Disclaimer The following presentation is being made only to, and is only directed at, persons to
More informationIndonesia s Business Potentials
REPUBLIC OF INDONESIA Ambassador Mulya Wirana @ Proforum 2015 Indonesia s Business Potentials Lisbon, Portugal 18 November 2015 1 4 th World s Most Populous Country 248 million Population (in 2013) 17,508
More informationIntroduction to Alternative Procurement Delivery
Introduction to Alternative Procurement Delivery for Florida Transportation Commission January 24, 2013 TABLE OF CONTENTS Alternative Project Delivery (APD) US Market Overview APD Funding and Financing
More informationInvestor presentation
Investor presentation February 2018 Our values Predictable Driving results Changemakers Working together Disclaimer The following presentation is being made only to, and is only directed at, persons to
More informationWorld Economic Forum Scaling-up Infrastructure Investments and Accelerating Infrastructure Development
World Economic Forum Scaling-up Infrastructure Investments and Accelerating Infrastructure Development Agenda 10:45 10:50 10:50 10:55 10:55 11:05 11:05 11:55 11:45 11:55 Session opening and welcome remarks
More informationTrends port concessions
Trends port concessions 23 May 2012 Jerusalem Wout Korving The www.iaphworldports.org Contents 1. Some facts and figures in port concessions 2. Qualitative features of port concessions 3. Qualitative assessment
More informationNigeria Infrastructure Building Conference 2014
Nigeria Infrastructure Building Conference 2014 May 2011 Project Finance as a viable option for financing Infrastructure Projects P R E P A R E D B Y: Helen Brume Divisional Head, Power, Infrastructure
More informationSumant 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 informationOverview 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 informationPPP for infrastructure Financing Evolving Good Practices. By Peter Stein CEO Stein Brothers AB MENA OECD INVESTMENT PROGRAMME AMMAN
PPP for infrastructure Financing Evolving Good Practices By Peter Stein CEO Stein Brothers AB MENA OECD INVESTMENT PROGRAMME AMMAN 2007-09-05 PPP=Public-Private Partnerships No agreed definition. Characteristics:
More informationUSAID-Funded Nepal Hydropower Development Project (NHDP)
USAID-Funded Nepal Hydropower Development Project (NHDP) Hydropower Financing: Traditional Project Finance, EPC and EPC-F Name of Facilitator: Sreeram Pethi Designation: Senior Financial Advisor Date:
More informationPUBLIC 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 informationImproving 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 informationKey lessons from South Africa s Renewable Energy IPP Programme
Key lessons from South Africa s Renewable Energy IPP Programme Management Program in Infrastructure Reform and Regulation University of Cape Town Competitive tenders for RE IPPs 2011 DoE issued RfP for
More informationReview of the Reform and Privatization of the Power Sector in Nigeria. Peter Kieran Dar es Salaam January 31, 2014
Review of the Reform and Privatization of the Power Sector in Nigeria Peter Kieran Dar es Salaam January 31, 2014 Corporate Overview -history -who we are today Our History CPCS Limited Canadian Pacific
More informationVontobel Summer Conference
Pierre L. Ozendo Member of the Executive board Head of Asia Division Cautionary note on forward-looking statements Slide 2 Certain statements contained herein are forward-looking. These statements provide
More informationThe Clean Technology Fund. U.S. Treasury Department. June 2008
The Clean Technology Fund U.S. Treasury Department June 2008 Clean Technology Fund Overview Why What Who How much How When 1 Why? By 2030, 80% of GHG emission growth is expected to come from non-oecd countries,
More informationIndia 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 informationand PINA Schemes Social Investment Investment that does not possess direct investment feedback to the object.
Total Value of Investmen t Required in Infrastruct ure * 015-019: US$ 59.Bn (IDR 4,796.Tn) Financing Infrastructure Development 015-019 Increasing the significant role of SOE & Private Sector through Public
More informationSolving India s Renewable Energy Financing Challenge: Which Federal Policies can be Most Effective?
Solving India s Renewable Energy Financing Challenge: Which Federal Policies can be Most Effective? BRAZIL CHINA EUROPE INDIA INDONESIA UNITED STATES 235 Montgomery St. 13th Floor San Francisco, CA 94104,
More informationWorld Bank Group Risk Mitigation Solutions for Myanmar s Infrastructure Projects. Workshop Program
World Bank Group Risk Mitigation Solutions for Myanmar s Infrastructure Projects Workshop Program 3 June, 2015 Richard MacGeorge Successful preparation of bankable projects Getting Projects From Fairway
More informationManaging Healthcare Expenditures: Fiscal Projections and Effects of Reforms
Managing Healthcare Expenditures: Fiscal Projections and Effects of Reforms SANJEEV GUPTA DEPUTY DIRECTOR, FISCAL AFFAIRS DEPARTMENT TOKYO, JUNE 6, 2016 Outlook of Public Health Spending Percent of GDP
More informationKey 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 information18th 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 informationThe 5 th Asian Think Tank Development Forum Colombo, September 2017
POTENTIAL INSTRUMENTS TOWARD SUSTAINABLE URBAN INFRASTRUCTURAL DEVELOPMENT IN INDONESIA The 5 th Asian Think Tank Development Forum Colombo, 21-22 September 2017 CARUNIA MULYA FIRDAUSY Professor of Economics
More informationIntro Public-Private Partnership (P3) Finance Course
Intro Public-Private Partnership (P3) Finance Course Identifying P3 Projects and Knowing the Atmosphere Kylee Anastasi Director, Capital Projects and Infrastructure Advisory PricewaterhouseCoopers LLP
More informationInvestment Plan for Europe
Investment Plan for Europe Giorgio Chiarion Casoni Head of Unit Financing of climate change, infrastructure policies and Euratom European Commission DG Economic and Financial Affairs Luxembourg, 5 March
More informationCLSA Investor forum. September 14, 2017
CLSA Investor forum September 14, 2017 Agenda Opportunity Industry and Competitive landscape Company strategy and performance 2 Agenda Opportunity Industry and Competitive landscape Company strategy and
More informationEskom Upington CSP Case Study Preliminary insights
Eskom Upington CSP Case Study Preliminary insights Second CSP Dialogue January 2014 Abu Dhabi Rodney Boyd BRAZIL CHINA EUROPE INDIA INDONESIA UNITED STATES Island of San Giorgio Maggiore 8 30126 Venice
More informationII 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 informationPublic-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 informationPerspective on Financing Wind Energy Projects. June 16, 2016
Perspective on Financing Wind Energy Projects June 16, 2016 Agenda 2 1 Risk Matrix 3 Context Setting Way Forward KEY SEGMENTS IN THIS PRESENTATION 3 Indian Energy Sector Landscape Bank Lending Sector wise
More informationOpportunities and Challenges across the Indonesia Investment Landscape
Opportunities and Challenges across the Indonesia Investment Landscape Moekti P. Soejachmoen, PhD Head of Mandiri Institute PT. Bank Mandiri, Persero April 2018 Economic Performance and Outlook 2 Indonesia
More informationThe 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 informationThe quest for profitable growth
Global banking outlook 2015: transforming banking for the next generation The quest for profitable growth We estimate that if the average global bank grew revenues by 17% from FY13 levels, it would be
More informationEXECUTING AND DEVELOPING PPP PROJECTS: AN INDONESIAN EXPERIENCE
Ungasan Bay View Hotel & Convention Bali 10 October 2018 KEMENTERIAN KEUANGAN DIREKTORAT JENDERAL PENGELOLAAN PEMBIAYAAN DAN RISIKO DIRECTORATE GENERAL OF BUDGET FINANCING AND RISK MANAGEMENT MINISTRY
More informationP3 Fundamentals and Best Practices in Resource and Project Management
Achieving better value, timeliness and accountability through public-private partnerships P3 Fundamentals and Best Practices in Resource and Project Management Ottawa, Ontario November 26, 2015 Greg Smith
More informationInfrastructure 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 informationCONVERTING INDCS INTO INVESTMENT STRATEGIES
CONVERTING INDCS INTO INVESTMENT STRATEGIES Laurence Blandford, Director of International Policy Analysis March 29, 2016 Global Methane Forum Washington, DC Dialogue. Insight. Solutions. ABOUT CCAP Since
More informationProgress towards Strong, Sustainable and Balanced Growth. Figure 1: Recovery from Financial Crisis (100 = First Quarter of Real GDP Contraction)
Progress towards Strong, Sustainable and Balanced Growth Figure 1: Recovery from Financial Crisis (100 = First Quarter of Real GDP Contraction) Source: OECD May 2014 Forecast, Haver Analytics, Rogoff and
More informationFROM BILLIONS TO TRILLIONS:
98023 FROM BILLIONS TO TRILLIONS: MDB Contributions to Financing for Development In 2015, the international community is due to agree on a new set of comprehensive and universal sustainable development
More informationPRIVATE SECTOR SYNDICATION AND CO-FINANCING. October 2018
PRIVATE SECTOR SYNDICATION AND CO-FINANCING October 2018 Private Sector Syndication Syndication and Co-financing opportunities drivers: The High 5s Light up and power Africa Objective: Unlock the continent
More informationReverse Innovation in Financial Services A 10 Year Outlook
Reverse Innovation in Financial Services A 10 Year Outlook Authors note Global Growth Markets (GGMs) have no legacy, little infrastructure and as a consequence, a very high level of unbanked consumers,
More informationPPP Finance and Legal Issues. Edward Farquharson 25 July 2006
PPP Finance and Legal Issues Edward Farquharson 25 July 2006 Modes of Finance Sovereign Finance Public Sector Full Recourse Private Sector Non Recourse Corporate Finance Project Finance Agenda Role of
More informationA Tale of Two Sisters: Bangladesh and Philippine PPP Programs 26 November 2014
A Tale of Two Sisters: Bangladesh and Philippine PPP Programs 26 November 2014 Presented at the UNESCAP PPP Workshop on Public-Private Partnerships for Infrastructure Development in Myanmar Background
More informationSECTOR ASSESSMENT (SUMMARY): INDUSTRY AND TRADE
Stepping Up Investments for Growth Acceleration Program- Subprogram 2 (RRP INO 48134) SECTOR ASSESSMENT (SUMMARY): INDUSTRY AND TRADE 1. This sector assessment describes the binding constraints to achieving
More informationOutlook of Trade Finance and Credit Insurance in the Global Trade Digitalisation
Change Picture Outlook of Trade Finance and Credit Insurance in the Global Trade Digitalisation Isidoro Unda CEO - Atradius IACPM 2018 Spring Conference Objectives Analyse the global trade market and Trade
More informationScheme 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 informationUnlocking the benefits of PF2
Unlocking the benefits of PF2 February 2017 Unlocking the benefits of PF2 3 About Balfour Beatty Balfour Beatty is a leading international infrastructure group. With 15,000 employees in the UK, Balfour
More informationInfrastructure Finance
www.pwc.com/ke Infrastructure Finance Uncertainty and Change in Sub-Saharan Africa Infrastructure finance Uncertainty and change in Sub-Saharan Africa Traditional finance models have faltered in the wake
More informationInfrastructure in Southern Mongolia. The Challenges of Possible Private Financing
Infrastructure in Southern Mongolia The Challenges of Possible Private Financing Overview 1. Private investment could play a role in financing Southern Mongolia s infrastructure 2. International experience
More informationRecent experience of establishing a PPP framework to mitigate fiscal risks in Bangladesh
(Strengthened Fiscal Management in Asia) Recent experience of establishing a PPP framework to mitigate fiscal risks in Bangladesh 4 June 2018 Mita Conference Hall, Tokyo PPP Authority Prime Minister s
More informationGlobal Helicopter Forecast
Global Helicopter Forecast C&P untapped demand is rising Key world economies are still underequipped TOP 10 Countries in 2016 ( H/C fleet in service) U.S.A. Russia Canada Brazil Australia United Kingdom
More informationGIF BRIEFINGS Reflecting on the 3 rd GIF Advisory Council Meeting Changsha, China: June 2016
GIF BRIEFINGS Reflecting on the 3 rd GIF Advisory Council Meeting Changsha, China: June 2016 Four Countries, Four Common Challenges, One Unique Forum ABOUT THE GLOBAL INFRASTRUCTURE FACILITY (GIF) AND
More informationInfrastructure financing challenges of Cambodia
Infrastructure financing challenges of Cambodia Gaps, Modalities and Recommendations Shuvojit Banerjee UNESCAP The Importance of Infrastructure Improving Infrastructure is vital for achieving multiple
More informationCo-financing with Mexican Pension Funds
Co-financing with Mexican Pension Funds Board of Directors Meeting Hermosillo, Sonora June 15, 2017 Introduction NADB-BECC Charter Pension System Law NADB shall fulfill the following functions: a) promote
More informationFinancing 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 informationCARE ADVISORY RESEARCH AND TRAINING LTD. Project Finance: Infrastructure and Manufacturing Sectors
CARE ADVISORY RESEARCH AND TRAINING LTD Project Finance: Infrastructure and Manufacturing Secrs COURSE DESCRIPTION: Project finance involves limited or non-recourse of a new project in which risks must
More informationOverview of the framework
Overview of the framework To meet the infrastructure deficit, the Twelfth Five Year Plan envisages a renewed thrust on investment in infrastructure, particularly in the power sector. The additional thermal
More informationWEST AFRICA REGIONAL MINING FORUM, CONAKRY, GUINEA
WEST AFRICA REGIONAL MINING FORUM, CONAKRY, GUINEA Creating Enabling Environment for Infrastructure Development For Large-scale Mining William Bulmer, Associate Director, Head of Mining Division, IFC February
More informationWe guide companies leading the electricity transformation
0 POWER & RENEWABLES RESEARCH GTM, MAKE & Wood Mackenzie form the premier market intelligence provider on the decarbonization and decentralization of energy We guide companies leading the electricity transformation
More informationIFC s Project Financing of Concentrated Solar Power Plants
IFC s Project Financing of Concentrated Solar Power Plants Workshop on CSP for Tunisia Presented by Stratos Tavoulareas Principal Energy Advisor Tunis, Tunisia July 18, 2018 1 IFC s CSP Project Investments
More informationShort-term momentum: Will it be sustained?
OECD INTERIM ECONOMIC OUTLOOK Projections published:20 Sept Short-term momentum: Will it be sustained? David TURNER Project LINK Meeting, UNCTAD in Geneva Oct 3-5, 2017 www.oecd.org/economy/economicoutlook.htm
More informationAmAsia 3 Corporation. America East SBA Lenders Conference Exporting & SBA. August, 2012
AmAsia 3 Corporation America East SBA Lenders Conference Exporting & SBA August, 2012 Introduction 2 Bernard Sweeney District Director Connecticut SBA District Office Session Overview 3 Objectives Present
More informationPPP in Coal: The Next Big Thing!
PPP in Coal: The Next Big Thing! Naresh Nautiyal Introduction In the wake of the recent announcement by Ministry of Coal for allocation under rule 4(3) of the Auction by Competitive Bidding of Coal Mines
More information