Change Font: A A A A Contact Us What's New FAQs Subscribe ADB.org home
HomeNews and EventsCalendar of EventsStrengthening Private Sector Participation for Infrastructure in the Pacific RegionAgenda

Strengthening Private Sector Participation for Infrastructure in the Pacific Region
Agenda

Monday, 17 November 2008
Day 1: Infrastructure Development and Financing

08:30 – 09:00

Registration

Opening Session
09:00 – 9:45

Welcoming Remarks - Michael Regan, Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University
Opening Remarks - Elaine Glennie, Senior Capacity Building Specialist, Asian Development Bank Institute (ADBI)
Keynote Speech - Paul Clauson, Executive Director, Infrastructure Association of Queensland

Session 1
09:45 – 11:00

Infrastructure for Economic Growth and Development: Addressing the Infrastructure Financing Gap
Michael Regan, Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University

  • Infrastructure for Development and Poverty Reduction
  • Infrastructure's Role in Reducing Trade Costs
  • Infrastructure Service Delivery, Achieving the Millennium Development Goals
  • FDI and PPP Performance in Asia and the Pacific

Session examined the role of infrastructure in strengthening economic development and poverty reduction and reducing trade costs to support improved regional cooperation and integration. It provided an overview of the infrastructure service levels achieved, infrastructure service level targets, estimates of infrastructure financing needs, and infrastructure financing trends by source. It also outlined the region's macroeconomic performance and success to date, in attracting foreign direct and domestic investment to the Pacific and the degree to which the private sector has been engaged in infrastructure projects across sectors.

11:00 – 11:15

Coffee

Session 2
11:15 – 12:30

Infrastructure Financing Sources and Trends: An Investor's Perspective
Mark Gray, Office Head, Brisbane, Macquarie Group

  • Development of Private Sector Investment in Infrastructure
  • Access to Regional and Global Infrastructure Investment Funds, Alternative and 'New' Capital Structures, and Bond Markets
  • Infrastructure Sector Experiences, Pacific PPP Opportunities and Challenges
  • Opportunities for Private Sector Investment and Partnerships in Asia and the Pacific

This session highlighted the growing interest of the private sector in infrastructure investments in the region, described options for structuring capital, described the regional and global proliferation of infrastructure investment funds, and detailed why infrastructure investments are attractive to private sector investors. It outlined what the private sector views as the main challenges and constraints to accelerating the pace of private sector investment and development of PPPs for infrastructure in the Pacific.

12:30 – 13:30

Lunch

Session 3
13:30 – 14:45

Assessing the PPP Enabling Environment in the Pacific Region
Raj Kannan, Managing Director, Tusk Investments Pte Ltd.

This session provided an overview of government strategies across the Pacific Region for private sector development (PSD), and the institutional and regulatory frameworks, which have been established for infrastructure service delivery in the Pacific for governing private sector investment and PPPs in public infrastructure. Developments in Papua New Guinea were profiled.

14:45 – 15:00

Coffee

Day 1
Group Session
15:00 – 17:30

Meeting the Financing Gap: Assessing Sector Financing Strategies and Prioritizing Sector Issues and Challenges
Moderator: Elaine Glennie, Senior Capacity Building Specialist, (ADBI)

Facilitators:
Michael Regan, Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University
Raj Kannan, Managing Director, Tusk Investments Pte Ltd.
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Anthony Smith, International Counsel, Pinsent Masons LLP

In small groups, facilitated by PPP resource specialists, participants shared their views on: (i) how infrastructure contributes to economic growth and poverty reduction; (ii) what are the main challenges faced in trying to address the substantive infrastructure needs of the Pacific Region; (iii) what roles can the private sector take on, finance, design, construction, management and operation, etc; and (iv) what are the main challenges to attracting the private sector as a financier and/or as a partner?

Evening
18:00

Welcome Dinner at Bond University
Welcoming Remarks - Robert Stable, Vice-Chancellor, Bond University

Schedule:
18:00, Bus from Mantra Legends Hotel to Bond University
18:30, Group Photos at Bond University
19:00, Welcome Dinner
Back to Top

Tuesday, 18 November 2008
Day 2: Public-Private Partnerships - What, Why, and How Should PPPs be Designed and Managed?

Session 4
08:30 – 09:30

PPP Modalities and Value Added

PPP Definitions and Modalities - Michael Regan, Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University

Public versus Private Sector Roles - Michael Regan, Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University

PPP Value Added and Value for Money - Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia

This session reviewed how the definition of PPP's has evolved and introduced main PPP modalities for infrastructure. It outlined the situations in which the main PPP modalities are generally applicable, defined the main roles the public and private sector partners are expected to take on, and profiled the main advantages and approaches to ensure value for money offered by each.

Session 5
09:30 – 10:45

PPPs: Managing the Project Cycle (Part 1)

PPP Project Selection and Project Design - Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia

Value for Money and Business Case Development - Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia

Risk Management and Finance Structure - Alan Maguire, Partner, Projects & Debt Finance, Clayton Utz

This session walked through each of the project identification and design steps of the PPP project cycle, profiling the main considerations that need to be taken into consideration at each stage and the advantages offered by best practice approaches.

10:45 – 11:00

Coffee

Session 6
11:00 – 12:30

PPPs: Managing the Project Cycle (Part 2)

Procurement and Bid Evaluation - Alan Maguire, Partner, Projects & Debt Finance, Clayton Utz

Contracting and Dispute Resolution - Alan Maguire, Partner, Projects & Debt Finance, Clayton Utz

Performance Benchmarking and Project Management - Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia

Performance Monitoring and Evaluation - Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia

This session walked through each of the procurement and contract negotiation steps of the PPP project cycle outlined, profiling the main considerations that need to be taken into consideration at each stage and the advantages offered by best practice approaches.

12:30 – 13:30

Lunch

Day 2
Forum Discussion
13:30 – 14:45

Managing the PPP Process
Moderator: Elaine Glennie, Senior Capacity Building Specialist, ADBI

Panel Members - Private Sector:
Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Anthony Smith, International Counsel, Pinsent Masons LLP

Panel Members - Public Sector:
Papua New Guinea: Juliana Kubak, Deputy Secretary, Policy and Research, Department of National Planning & Monitoring
Tonga: Eleni Mone, CEO, Ministry of Transport
Cook Islands: Garth Henderson, Aid Manager, Ministry of Finance and Economic Management

In a panel setting, participants discussed the roles of public sector PPP stakeholders including executive ministries, infrastructure sector ministries, regulating and service delivery agencies, as well as sub-national equivalents, and explored views and experiences on how best to coordinate shared interests and responsibilities. Discussion also addressed the options for and advantages of PPP Units and the role of technical advisors in managing the PPP process.

14:45 – 15:00

Coffee

Day 2
Group Session
15:00 – 17:30

Prioritizing Issues and Challenges for Private Sector Investment and PPPs in Infrastructure
Moderator: Elaine Glennie, Senior Capacity Building Specialist, ADBI

Facilitators:
Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Anthony Smith, International Counsel, Pinsent Masons LLP

In small groups representing different sectors (and facilitated by PPP resource specialists) participants prioritized policy issues or challenges, and determined what can be addressed in the short to medium term to best encourage and accelerate private sector investment and participation. Each group discussed the following questions:

  1. Where in the project planning and design process is private sector investment and participation considered?
  2. Have projects, for which PPP's should be explored, been incorporated into the government's project implementation plan with funding for the project committed in the government's budget. If not why should they be?
  3. How are PPP projects managed? Which ministry is responsible? What roles for PPPs should each of the following have, MOF, the specific infrastructure ministries, sub national levels of government?
  4. How are PPP projects promoted and at what point in the project process is the private sector approached?
  5. What is the procurement process and what is the private sector view of this process?
  6. How are 'unsolicited proposals' handled?
Back to Top

Wednesday, 19 November 2008
Day 3: Bankable Deals: What Does It Take?

Session 7
08:30 – 9:30

PPPs: What Does It Take to Get Deals Through (Part 1)

Ensuring Political Commitment & Appropriate Regulatory Arrangements - Anthony Smith, International Counsel, Pinsent Masons LLP

Session 8
9:30 – 10:45

PPPs: What Does It Take to Get Deals Through (Part 2)

Dialogue
Greg Fahey, Strategic Infrastructure Procurement Division, Department Infrastructure & Planning, Queensland Government
Anthony Smith, International Counsel, Pinsent Masons LLP

Managing the PPP Process & Institutional Arrangements
Graham Matthew, Partner, Head of Infrastructure and Projects Group Queensland, KPMG Corporate Finance (Australia) Pty Ltd

10:45 – 11:00

Coffee

Session 9
11:00 – 12:30

PPPs: What does it take to get Deals Through (Part 3)

Demand & Revenue Forecasts - Greg Fahey, Strategic Infrastructure Procurement Division, Department Infrastructure & Planning, Queensland Government

Cost of Capital and Risk Pricing - Bill Banks, Oceania Leader, Ernst & Young Australia

Identifying Finance and Appropriate Financial Instruments - Bill Banks, Oceania Leader, Ernst & Young Australia

Ensuring Value and Performance for Money - Bill Banks, Oceania Leader, Ernst & Young Australia

12:30 – 13:30

Lunch

Day 3
Forum Discussion
13:30 – 14:45

PPPs and Risk Management: Who Should Take Which Risks?

Case Study on Risk Assessment: A Municipal Water Supply Concession in Indonesia
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank

Moderator: Elaine Glennie, Senior Capacity Building Specialist, ADBI

Panel Members:
Bill Banks, Oceania Leader, Ernst & Young Australia
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Anthony Smith, International Counsel, Pinsent Masons LLP

In a panel setting, participants explored public and private roles, views and experiences on how best to share and allocate risk.

14:45 – 15:00

Coffee

Day 3
Group Session
15:00 – 17:30

Assessing "Bankability" of Infrastructure Projects:

Evaluation Processes and Identifying Critical Issues and Priority Challenges for PPPs by Sector
Moderator: Elaine Glennie, Senior Capacity Building Specialist, ADBI

Facilitators:
Bill Banks, Oceania Leader, Ernst & Young Australia
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Anthony Smith, International Counsel, Pinsent Masons LLP

In small groups representing different sectors (facilitated by PPP resource specialists) participants prioritized policy issues or challenges, determined what can be addressed in the short to medium term to best encourage and accelerate private sector investment and participation. Each group discussed the following points:

  1. List the main bankability issues.
  2. Evaluate projects the group has had experience with against each of these issues.
  3. Describe how government ministries/departments in your countries would address these issues.
  4. Would government ministries/departments in your countries be able to fully address these issues? If not what critical constraints or challenges would need to be addressed?
  5. Can these critical constraints or challenges be addressed by sector ministries in your countries? If yes, what action needs to be taken? If no, which ministry/s need to be involved and what action would they need to take?
Back to Top

Thursday, 20 November 2008
Day 4: PPPs - Sector Specific Issues and Approaches

Session 10
08:30 – 09:30

What does it take for PPP Energy Projects?

Case Study: Solar Power PPP in Morocco - Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank

Case Profiles:
Tala Transmission Project, Bhutan & India
Pamir Project, Tajikistan
Anthony Smith, International Counsel, Pinsent Masons LLP

This session profiled selected appropriately scaled conventional and/or use of alternative energy sources to highlight a number of important sector specific PPP issues of particular relevance to countries in the Pacific Region.

Session 11
09:30 – 10:45

What does it take for PPP Transport Projects?

Case Study: The Case for Private Sector Participation in the Pacific Port Sector - Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank

Case Study: PPPs in the Road Sector, Australia - Bill Banks, Oceania Leader, Ernst & Young Australia

This session profiled selected road, ports, and public transport projects to highlight a number of important sector specific PPP issues of particular relevance to countries in the Pacific Region.

10:45 – 11:00

Coffee

Session 12
11:00 – 12:30

What does it take for PPP Water Supply, Sanitation & Solid Waste Projects?

Case Study: The Water Service Concession in Port Vila, Vanuatu - Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank

Case Study: Cartegena Water Supply & Sanitation Project, Colombia - Cornwall Waste-to-Energy Project, UK - Anthony Smith, International Counsel, Pinsent Masons LLP

This session profiled selected water supply, sanitation and solid waste projects to highlight a number of important sector specific PPP issues of particular relevance to countries in the Pacific Region.

12:30 – 13:30

Lunch

Session 13
13:30 – 14:15

What does it take for PPP Education and Health Projects?

Case Study: New South Wales (NSW) Schools PPP - Bill Banks, Oceania Leader, Ernst & Young Australia

Case Study: Turks & Caicos Islands Hospital Project - Anthony Smith, International Counsel, Pinsent Masons LLP

This session profiled selected education and health projects to highlight a number of important sector specific PPP issues of particular relevance to countries in the Pacific Region.

Session 14
14:15 – 14:45

What does it take for PPP Natural Resource Development Projects?

Case Study: Chumbe Island Coral Park Ecotourism Project, Tanzania - Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank

Case Profiles:
Singapore Sports Hub Project
Chesapeake Forest Project, US
Anthony Smith, International Counsel, Pinsent Masons LLP

Case Study: Raja Ampat Pearl Farming Concession, West Papua, Indonesia - Anthony Smith, International Counsel, Pinsent Masons LLP

This session profiled selected resources and other PPP projects to highlight a number of important sector specific PPP issues of particular relevance to countries in the Pacific region.

14:45 – 15:00

Coffee

Day 4
Group Session
15:00 – 17:30

Project Planning and Design by Sector: Prioritizing Issues and Challenges for Private Sector Investment and PPPs in Infrastructure
Moderator: Elaine Glennie, Senior Capacity Building Specialist, ADBI

Facilitators:
Kylee Anastasi, Associate Director, Project Finance Advisory, Ernst & Young Australia
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Anthony Smith, International Counsel, Pinsent Masons LLP

In small groups, facilitated by PPP resource specialists, participants prioritized policy issues or challenges, determined what can be addressed in the short to medium term to best encourage and accelerate private sector investment and participation. Each group discussed the following questions:

  1. Identify a ‘pipeline’ of potential PPP projects for your sector?
  2. Identify potential private sector partners for these projects, financiers, utilities, other?
  3. How would you rate each project, and the ‘pipeline’ in term of its attractiveness to each source identified above?
  4. From a private sector perspective what are the major constraints to engaging in this pipeline of projects in your sector?
  5. How can the government address these constraints, what actions need to be prioritized?
Back to Top

Friday, 21 November 2008
Day 5: Prioritizing Policy Actions to Enable Acceleration of PPPs, Part 1

Session 15
08:30 – 09:30

Strategy for Accelerating: Strengthening Policy and Regulatory Frameworks to Enable PPPs and Strengthen Governance

Ensuring Political Commitment & Appropriate Regulatory Arrangements - Stephen Richards, Executive Director, Strategic Infrastructure Procurement Division, Department of Infrastructure & Planning, Queensland Government

Managing the PPP Process & Institutional Arrangements - Michael Regan, Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University

Dealing with Legal and Governance Issues - Anthony Smith, International Counsel, Pinsent Masons LLP

Day 5
Forum Discussion
09:30 – 10:45

Identifying and Prioritizing Policy/Regulatory Reforms and Actions to Enable PPPs
Moderator: Elaine Glennie, Senior Capacity Building Specialist, ADBI

Panel Members:
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Stephen Richards, Executive Director, Strategic Infrastructure Procurement Division, Department of Infrastructure & Planning, Queensland Government
Anthony Smith, International Counsel, Pinsent Masons LLP

During this forum discussion, public sector and private sector panels determined what the priority actions are and policy reforms that need to be addressed in order to: (i) address the main concerns of private sector investors; (ii) enable the development of a bankable pipeline of infrastructure projects in the short to medium term; and (iii) strengthen the enabling environment and legal framework for PSD and PPPs in the medium to long term. Discussion also touched upon some of the constraints and challenges to implementing these reforms/actions.

10:45 – 11:00

Coffee

Site Visits
11:00 – 18:00

Southbank Institute & Port of Brisbane

Presentation & Tour: Southbank Institute - Norm Jagger, Project Director, Southbank TAFE

Guided by PPP resource specialists, the project site visits allowed participants to observe and experience a number of PPP projects in action. The site visit enabled participants to engage PPP Project Managers and Financial Specialists to explore the following issues:

  1. Why was the PPP undertaken, what advantages did the PPP offer over other modalities considered
  2. What are considered the most critical performance targets for the PPP project, how are they measured, and how has the PPP performed to date
  3. How was the PPP structured and who are the main PPP partners, what is the main role of the public sector in the deal and how are its responsibilities managed
  4. What were identified as the main risk factors for the PPP project, how were risk apportioned, and how did the apportionment of risks impact the projects financial viability and financial attractiveness of the project
  5. Are there specific issues related to the sector and the sector services to be delivered that were taken into account in designing/negotiating/contracting the PPP project
  6. What were considered the biggest challenges to getting the PPP project deal through, and what were the main lessons learned from the process
  7. What are the main recommendations that would be made for new PPP ventures in this sector

Schedule:
11:00, 12:30 Bus to Brisbane Southbank Institute
12:30, 13:30 Lunch at Southbank Institute
13:30, 14:30 Southbank Institute: Presentation & Tour
14:45, 15:30 Bus to and tour of Port of Brisbane
15:30, 16:00 Afternoon tea at the Port of Brisbane
16:00, 18:00 Bus back to the Mantra Hotel
Back to Top

Saturday, 22 November 2008
Day 6: Prioritizing Policy Actions to Enable Acceleration of PPPs, Part 2

Day 6
Group Session
Part I
9:00 – 10:30

Prioritizing Actions and Policy Reforms to Support Acceleration of PPP's for Infrastructure

Facilitators:
Michael Regan – Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University
Elaine Glennie – Senior Capacity Building Specialist, ADBI
Anthony Smith – International Counsel, Pinsent Masons LLP

Presenters:
Papua New Guinea: Mathias Lasia – Policy Advisor, PNG Independent Public Business Corporation
Vanuatu: Willie Watson – PWD Engineer, Ministry of Infrastructure & Public Utilities

In a small group setting participants identified main constraints to PPPs in their countries, explored regional and country strategies and experiences to strengthen the enabling environment and legislative framework, and prepared priority action plans for follow-up subsequent to the workshop.

10:30 – 10:45

Coffee

Day 6
Group Session
Part II
10:45 – 12:00

Group Presentations: Policy Action Plans

Presenters:
Cook Islands: Garth Henderson – Aid Manager, Ministry of Finance and Economic Management
Tonga: Eleni Mone – CEO, Minister of Transport
Samoa: Vui Lance Lameko – Financial Controller, Electric Power Corporation
Vanuatu: Willie Watson – PWD Engineer, Ministry of Infrastructure & Public Utilities
Papua New Guinea: Erik Aelbers – Advisor, Department of Treasury

Closing Session
12:00 – 12:30

Awards

Summary and Closing Remarks
Michael Regan – Associate Professor of Infrastructure, Mirvac School of Sustainable Development, Bond University
Elaine Glennie – Senior Capacity Building Specialist, ADBI
Back to Top





Event Details
Table of Contents
Event Resources
See Also
Related Links

These links take you outside the ADBI website.
Download PDF versionEmail to a FriendPrint
Back to Top 
Contact Us FAQs Sitemap Help | Terms of Use Privacy Policy
© 2012 Asian Development Bank Institute.