Program

Registration

Welcome Remarks - Ayumi Konishi, Country Director for Viet Nam, Asian Development Bank

Keynote Speech - Ho Quang Minh, Director General, Foreign Economic Relations Department, Ministry of Planning and Investment

Opening Remarks - Tomohiro Fujiyama, First Secretary, Embassy of Japan, Hanoi, Viet Nam

Infrastructure for Economic Growth and Development - Bob Finlayson, Senior Evaluations Specialist (Private Sector), Asian Development Bank

This session explored the role of infrastructure in strengthening economic development and poverty reduction as well as reducing trade costs to support improved regional cooperation and integration.

• Presentation: Infrastructure for Economic Growth and Development[ PDF 289.1KB | 24 pages ]

Coffee

Infrastructure Financing Sources and Trends - Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)

This session reviewed for Viet Nam and other countries in the region: infrastructure service levels achieved; infrastructure service level targets and estimates of infrastructure financing needs; and infrastructure financing trends by source.

• Presentation: Infrastructure Financing Sources and Trends[ PDF 181.3KB | 27 pages ]

Lunch

Infrastructure Financing: Advantages and Disadvantages of Alternative Financing Modalities - Bob Finlayson, Senior Evaluations Specialist (Private Sector), Asian Development Bank

This session examined the macroeconomic impact of using different financing modalities for public infrastructure investment.

• Presentation: Infrastructure Financing: Advantages and Disadvantages of Alternative Financing Modalities[ PDF 218.3KB | 21 pages ]

Coffee

Infrastructure for Economic Growth and Poverty Reduction: Prioritizing Country Challenges and Policy Issues and Determining the Private Sector's Role
Edward Yescombe, Director, YCL Consulting Ltd., London
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Bob Finlayson, Senior Evaluations Specialist (Private Sector), Asian Development Bank
Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)

In small groups, facilitated by PPP resource specialists, participants shared their views on: how infrastructure supports economic growth and poverty reduction; what the main challenges are in trying to address the substantive infrastructure needs of Viet Nam and the region; what roles can the private sector take on to support infrastructure development in Viet Nam; and what are the main challenges to attracting the private sector as a financier and/or as a partner.

FDI and PPPs: Experience in Asia and the Next Generation of Infrastructure Finance - Bob Finlayson, Senior Evaluations Specialist (Private Sector), Asian Development Bank

This session examined the experiences of Viet Nam and other countries from the region in attracting domestic and foreign direct investment for infrastructure development and in implementing PPPs across the main infrastructure sectors. It reviewed regional and global experiences in implementing PPPs and lessons that have been learned.

• Presentation: FDI and PPPs: Experience in Asia and the Next Generation of Infrastructure Finance[ PDF 237.3KB | 19 pages ]

What is a PPP? What are the Main PPP Modalities for Infrastructure? - Bob Finlayson, Senior Evaluations Specialist (Private Sector), Asian Development Bank

This session reviewed how the definition of PPP's has evolved, introduced the main PPP modalities for infrastructure, and explored how those modalities have been implemented in infrastructure projects in the region and globally.

• Presentation: What is PPP? What are the Main PPP Modalities for Infrastructure?[ PDF 274.3KB | 26 pages ]

Infrastructure Investment: Opportunities and Constraints – An Investor's Perspective - Raymond Chung, Vice President, Morgan Stanley Hong Kong

This session highlighted the growing interest of the private sector in infrastructure investments in the region, described how infrastructure investment funds are proliferating globally, 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 Viet Nam and the region.

• Presentation: Infrastructure Investment: Opportunities and Constraints – An Investor's Perspective[ PDF 376.8KB | 17 pages ]

Coffee

Assessing the PPP Enabling Environment in Viet Nam - Oliver Massmann, Partner, Duane Morris Vietnam LLC

This session provided an overview of the government's strategy for private sector development (PSD) and the institutional and regulatory frameworks which have been established for infrastructure service delivery and govern private sector investment and PPPs in public infrastructure.

• Presentation: Assessing the PPP Enabling Environment in Viet Nam[ PDF 179.8KB | 15 pages ]

Lunch

Prioritizing Policy Actions to Enable PPPs
Moderator: Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Panel Members:
Raymond Chung, Vice President, Morgan Stanley Hong Kong
Bob Finlayson, Senior Evaluations Specialist (Private Sector), Asian Development Bank
Oliver Massmann, Partner, Duane Morris Vietnam LLC
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank

During this forum discussion, public sector and private sector panels explored what should be the ‘priority' policy actions and reforms to address the main concerns of private sector investors and what are the constraints and challenges to their implementation.

Coffee

Meeting the Financing Gap – Assessing Sector Financing Strategies and Prioritizing Sector Issues and Challenges
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Bob Finlayson, Senior Evaluations Specialist (Private Sector), Asian Development Bank
Edward Yescombe, Director, YCL Consulting Ltd., London

In small groups, which represented each of the basic infrastructure sectors, participants discussed the financing needs of their respective sectors, determined ways in which private sector engagement could be beneficial for sector development and improved service delivery, explored how private sector interest in infrastructure projects could be encouraged, and determined what PPP options could be utilized.

PPP Modalities: Selecting an Appropriate PPP Option and Ensuring Value for Money - Bill Banks, Oceania Leader, Ernst & Young Australia
This session 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.

• Presentation: PPP Modalities: Selecting an Appropriate PPP Option and Ensuring Value for Money[ PDF 473.1KB | 28 pages ]

PPPs: What Does it Take to Get Deals Through (Part 1)
Managing the PPP Process & Institutional Arrangements - Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)

• Presentation: Managing the PPP Process and Institutional Arrangements ADB Institute[ PDF 895.1KB | 13 pages ]

• Presentation: Ensuring Political Commitment & Appropriate Regulatory Arrangements[ PDF 214.1KB | 15 pages ]

• Presentation: Dealing with Legal and Governance Issues[ PDF 77.7KB | 10 pages ]

Part I of this session reviewed the important prerequisites to designing and bringing a PPP to a successful and timely close.

Coffee

PPPs: What Does it Take to Get Deals Through (Part 2)
Addressing Technical and Safeguard Issues - Diego Tanaka, Resource Person, Asian Development Bank Institute

• Presentation: Addressing Technical and Safeguards Issues[ PDF 95.2KB | 19 pages ]

• Presentation: Identifying Finance and Appropriate Financial Instruments[ PDF 119.3KB | 11 pages ]

• Presentation: Ensuring Value and Performance for Money[ PDF 195.3KB | 16 pages ]

Part II of this session outlined important steps of the due diligence process to ensure appropriate design and achievement of project objectives.

Lunch

Risk Sharing: Private Sector and Public Sector Roles
Moderator: Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Panel Members:
Bill Banks, Oceania Leader, Ernst & Young Australia
Diego Tanaka, Resource Person, Asian Development Bank Institute
Anthony Smith, International Counsel, Pinsent Masons LLP
Edward Yescombe, Director, YCL Consulting Ltd., London

During this forum discussion, public sector and private sector panels discussed which partner – the public sector or the private sector – would be best equipped to take each major risk and how major risks could be shared to minimize the cost of financing and mitigate overall risk.

Coffee

Project Planning and Design – Prioritizing Issues and Challenges for Private Sector Investment and PPPs in Infrastructure
Diego Tanaka, Resource Person, Asian Development Bank Institute
Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Anthony Smith, International Counsel, Pinsent Masons LLP
Edward Yescombe, Director, YCL Consulting Ltd., London

In small groups, facilitated by PPP resource specialists, participants worked to prioritize policy issues or challenges and determined what could be addressed in the short to medium term to best encourage and accelerate private sector investment and participation. Groups explored PPP project approval issues, PPP project planning and design issues, PPP project procurement and contracting issues, and PPP project management and performance evaluation issues.

What Does it Take for PPP Transport Projects?
Case Study: Australian Toll Roads and Airport Link - Bill Banks, Oceania Leader, Ernst & Young Australia

• Presentation: Case Study: Australian Toll Roads and Airport Link[ PDF 287KB | 13 pages ]

• Presentation: Case Study: PHI North Luzon Expressway ROT[ PDF 474.5KB | 17 pages ]

• Presentation: Case Study: Viet Nam Ports[ PDF 718.2KB | 16 pages ]

This session profiled selected road, port, and rail/mass transport projects from the Asia Pacific and other related regions to highlight a number of important sector-specific PPP issues.

What Does it Take for PPP Energy Projects?
Case Study: Private Investment in the Energy Sector in Viet Nam - Oliver Massmann, Partner, Duane Morris Vietnam LLC

• Presentation: Case Study: Private Investment in the Energy Sector in Viet Nam[ PDF 199.6KB | 16 pages ]

• Presentation: Case Study: Nam Theun 2 Hydropower Project[ PDF 711.7KB | 20 pages ]

• Presentation: Case Study: Tala Transmission Project in India[ PDF 512.6KB | 22 pages ]

This session profiled selected energy generation and distribution projects from the Asia Pacific and other related regions to highlight a number of important sector specific PPP issues.

Coffee

What Does it Take for PPP Water Supply and Sanitation Projects?
Case Study: Private Investment in the Water Sector in Viet Nam - Oliver Massmann, Partner, Duane Morris Vietnam LLC

• Presentation: Private Investment in the Water Sector in Viet Nam[ PDF 190.4KB | 17 pages ]

• Presentation: Case Study: A Municipal Water Supply Concession in Indonesia[ PDF 119KB | 14 pages ]

This session profiled selected water supply and sanitation projects from the Asia Pacific and other related regions to highlight a number of important sector specific PPP issues.

Lunch

Bankability: Deal Makers and Deal Breakers
Moderator: Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Panel Members:
Bill Banks, Oceania Leader, Ernst & Young Australia
Oliver Massmann, Partner, Duane Morris Vietnam LLC
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank
Anthony Smith, International Counsel, Pinsent Masons LLP
Jim Winkler, Project Director, USAID/Viet Nam Competitive Initiative

During this forum discussion, public sector and private sector panels determined the main issues facing project bankability and what it takes to bring a project to financial closure.

Coffee

Assessing "Bankability" of Infrastructure Projects: Identifying PPP Critical Issues and Priority Challenges by Sector
Diego Tanaka, Resource Person, Asian Development Bank Institute
Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Bill Banks, Oceania Leader, Ernst & Young Australia
Anthony Smith, International Counsel, Pinsent Masons LLP

In small groups, facilitated by PPP resource specialists, participants worked to assess the main bankability issues for projects in their respective sectors, identified policy issues or challenges, and determined what can be addressed in the short to medium term. Group discussion focused on identifying the main bankability issues for their sector, exploring how they can delay or impede contracting of a project, and determining what options can be explored to overcome them.

Identifying Priority Policy/Regulatory Reforms
Moderator: Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Panel Members:
Anthony Smith, International Counsel, Pinsent Masons LLP
Edward Yescombe, Director, YCL Consulting Ltd., London
Alfredo Pascual, Consultant and Former Director, Private Sector Infrastructure Finance, Asian Development Bank

During this forum discussion, public sector and private sector panels determined what are the priority actions and policy reforms that need to be addressed in order to: (i) enable the development of a bankable pipeline of infrastructure projects in the short to medium term; and (ii) strengthen the enabling environment and legal framework for PSD and PPPs in the medium to long term.

Coffee

Prioritizing Actions and Policy Reforms to support Acceleration of PPP's for Infrastructure
Diego Tanaka, Resource Person, Asian Development Bank Institute
Arthur Smith, Chairman, National Council for Public-Private Partnerships (USA)
Anthony Smith, International Counsel, Pinsent Masons LLP
Edward Yescombe, Director, YCL Consulting Ltd., London

During the fifth and final group session, participants reviewed the findings of each of the four group sessions they have participated in to identify and prioritize actions that need to be profiled on their return to their ministries.

Lunch

Group Presentations

Assessment of Workshop Outputs and Achievements
Participant's Panel

Summary and Closing Remarks
Elaine Glennie, Senior Capacity Building Specialist, Asian Development Bank Institute