Monday, February 12, 2007 8:00 am Registration Opening Session Opening of the PPPI in Kazakhstan Workshop Welcome note from the host country representative: Mr. Aslan Musin, Minister of Economy and Budget Planning (TBC) 9:30 am Coffee Break 10:00 am What is PPP and what are the lessons from Global and Regional Experiences? Presentation will focus on the definition of PPPs and its distinction from privatization, the main drivers that lead governments to use them as the main tool of public procurement. Additionally, this presentation will outline the wide range of PPP models and the roles of the public and private sectors. Finally, participants will be exposed to international PPP best practices, and to the latest trends and lessons learnt over the past 15 years of private participation in infrastructure. 11:30 pm Why and how to develop PPP for economic development? This session will analyze the different driving forces that lead governments to commence a PPP program. It will explain potential benefits and hazards for the economy as a whole as well as the policy tools most commonly used in order to mitigate risks and absorb the total amount of benefits. The discussion will be framed in the past experiences and future expectations of Kazakhstan PPP program. 13:00 pm Lunch Break
14:30 pm Fiscal Issues and Risk management on the Government side This section will outline the implications of the PPP program on the Government s budget. It will specifically address concerns regarding the ability of the government to take into account and manage known and potential PPP costs. These are usually arising from obligations to purchase services from the private sector including those created by the application of government guarantees and the consequent generation of contingent liabilities. The objective of the session is to present how the government can apply effective risk management techniques and reconcile prudential fiscal policy and PPP development. 16:00 pm Coffee Break Case Study 16:30 pm Presentation of a PPP case study A case study on Transport or Energy PPP will be presented to the participants in an interactive way in order to invite questions on the issues explained during the course of the first day. 18:00 pm End of Day 1
Tuesday, February 13, 2007 PPP Institutional framework This presentation will initiate a discussion on the different institutional models of proposing, developing and monitoring PPP projects. Conversation will be evolved around roles and responsibilities or central or peripheral PPP units and their relationships with line ministries and the municipalities during all phases of the project cycle. 10:30 am Coffee Break 11:00 pm Legal and Regulatory Framework International experience on the legal and regulatory framework of PPPs will be discussed on this session as well as advantages and disadvantages of concession versus PPP laws and why governments have chosen the one over the other. Additionally, presenters will outline criteria and requirements for setting an independent regulatory agency and under which circumstance the contract itself is an adequate tool to monitor compliance to the contract. 14:00 am Stakeholders consultation, environmental and labor issues, and land resources mobilization The social impacts of PPP projects will be presented in this session with special emphasis put on social and environmental aspects. Moreover, the importance of participation and information of the civil stakeholders will be stressed as well as tools to mitigate the labor and employment consequences. 15:30 pm Coffee Break Presentation D 16:00 pm PPP Project Implementation In this section, participants will be presented to project implementation issues and will be taught how to structure a Project Timeline and Strategy Plan. Finally, they will be introduced to the basics of project selection and evaluation and the respective criteria used. 17:30 pm Open Floor Discussion Q&As and conclusions Closing Session In this session the floor will open for all participants in order give the opportunity to ask questions and provide comments relevent to the topics analysed during the two days of the workshop.
Wednesday, February 14, 2007 Pre-feasibility and Feasibility Studies: This session will explain the rational behind conducting pre-feasibility and feasibility studies, and what these should normally include. Additionally, the criteria for selection and prioritization of projects from a large project pool will be outlined and analyzed. 10:30 am Coffee Break 11:00 am Public Sector Comparator (PSC) Participants will be introduced to the concept of Public Sector Comparator (PSC) and walked through its various steps including defining the reference project, calculating the raw PSC, determining the discount rate, quantify and allocate risk, and calculate the risk-adjusted PSC 14:00 pm Selection of Advisor This session will explain why governments rely on advisors in PPP projects and what their roles are at different stages of the procurement process. Moreover, it will refer to the procurement principles, challenges regarding procurement of advisors for small projects as well as institutional arrangements for better management of the hiring proceedures. Case Study 15:30 pm Case Study on PSC A case study on Public Sector Comparator (PSC) will be presented in an interactive way 17: 00 pm End of Day 3
Thursday, February 15, 2007 Risk Allocation In this session the major risks usually met in infrastructure projects will be presented as well as which are usually fall under the private and which under the public sector responsibility and why. Also, participants will be introduced to the risk matrix and mitigation tools from both parties used in order to minimize the total risk of the project. 10:30 pm Coffee Break 11:00 pm Financial Models This session will be dedicated to the development of a financial model and the analysis of various methods such as the Discounted Cash Flow (DCF), Probability Analysis (PA) as well as the Real Options Analysis (ROA) 14:00 pm Preparation of Bidding Documents This session will focus on the preparation of the bidding documents, the definition of bidding rules for the selection of the winner. 15:30 pm Korea EXIM Bank A Representative from the Korean Export Import Bank will talk about due diligence. Specifically he/she will talk about the techniques used in order to evaluate whether the project is attractive enough for the private partner to take on the risks involved and how government bodies may assist and facilitate this process. Case Study 17:00 pm Preparation of Case Study on Risk Allocation by Working Groups Participants will be walked throught the risk allocation case study and will be split into working groups in order to prepare their presentations. 17:30 pm End of Day 4
Friday, February 16, 2007 Structuring of Contracts This session will be dedicated to the preparation and the structuring of the contractual documents. 10:30 am Coffee Break Closing Session Case Study 11:00 am The last session will focus on the last stage of the implementation issues including negotiations techniques and aspects, financial closure as well as monitoring. 14:00 pm Working groups will present their findings on risk allocation case study 15:30 pm Implementation issues Working Groups Presentations on Risk Allocation Case study Wrap up Session Closure of the workshop and drawing of conclusion remarks. 15:30 pm End of Day 5