APAC Project Finance Academy: M6 - Public-Private Project Finance

Summary of course content This is Module Six of the APAC Project Finance Academy. This is a workshop on the application of Project Finance to Public- Private Programmes (PPPs) with a special session on which PPP programmes work and which do not. This course will cover the areas of: Fit of project finance to the PPP spectrum of 8 PPP sectors and project types PPP processes and stages/timing The 18 pillars of successful PPP programmes PPP tender / bidding View our 60 Second Interview with the Course Director - Richard Tinsley We took the opportunity to ask our expert Course Director a few questions on the current market challenges and how he became involved in this exciting industry. This is what he had to say. Other modules: M1: Advanced Project Finance (27-29 October 2014) M2: Oil, Gas and LNG Project Finance (30 October 2014) M3: Power Project Finance (31 October 2014) M4: Mining Project Finance (3 November 2014) M5: Infrastructure Project Finance (4 November 2014) M7: Project Finance Risk & Recovery (6 November 2014 - 7 November 2014) The Academy begins with a 3-day Advanced Project Finance Workshop focusing on the core skills of risk analysis and structuring, with a special emphasis on political risk. Team case presentations neatly wrap together these skills along with the analysis and sensitivities of the team case-study Excel models. The next four modules teach up-to-date sector skills in Oil, Gas and LNG Project Finance (1 day), Power Project Finance (1 day), Mining Project Finance (1 day) and Infrastructure Project Finance (1 day). Industry fundamentals are covered together with the key metrics and due diligence alongside case studies and international best practices. This is followed by a workshop on the application of Project Finance for Public-Private Programmes (PPPs) (1 day) with a special session on which PPP programmes work and which do not. The final module, Project Finance Risk & Recovery (2 days), looks at the key financial ratios, the credit analysis, and the forecast basis for any cashflow projection. This overview allows you to ‘Build-your-own-model-from-scratch’ with the final model used in a course bidding contest! All modules are highly interactive with many cases and recent examples referenced throughout to fully explore the world of Project Finance. Attending the 10-day Academy means you will leave the course with a thorough understanding of Project Finance techniques and sector skills that can be applied immediately to your job. Who should attend Bankers/Investment Bankers Project Financiers Financial Advisors Financial Analysts Accountants/Taxation Advisers Insurance Advisers/Brokers Project Lawyers Sponsors/Project Joint Venturers Business Developers Government/PPP Agencies Export-Credit Agencies Multilateral Agencies Relationship Officers Brokers M&A/Buyout Specialists Company Treasurers/Directors Credit Committee Staff Rating Agencies Project Managers/Engineers/Consultants Investment/Portfolio Managers All Modules can be booked separately. Group discounts are available. Attend all the modules and save US$7,790! To register on the full 10-day Project Finance Academy, please select 'Register' and follow the registration process. If you would like to register on an individual Module, please select your desired module below and follow the registration process on this product page. Please note we cannot process multiple module registrations online. If you wish to attend more than one Module but not the whole 10-day Academy, then please download a PDF and either fax this back to us on +852 2866 7340 or email a scanned copy to training@euromoneyasia.com. You can also email us your registration details and one of our account managers will register your place for you. Supporting publications
Public-Private Project Finance Day 1 The fit of PF to the PPP spectrum of 8 Privatisation BOO (and variants) BOT (and variants) Leasing/affermage Management contracts Service contracts Supply contracts Cooperatives PPP sectors and project types Power and power infrastructure Communications/telecoms Transport infrastructure Social infrastructure Public/military infrastructure PPP processes and stages/timing Policy formulation International comparisons Processes Competition policy Role of the regulator Unsolicited projects The 18 pillars of successful PPP programs Role of the Government PPP Unit Does the One-Stop-Shop really work? What policies and procedures are needed? What is the interface with local authorities? Philippines BOT Law Why has this simple Act spawned sufficient private-sector investment? PICKO-PIMAC/KDI, South Korea Korea set in place probably the most aggressive government co-spend. Partnerships Victoria What new policies and strategies are developed? Lessons? PPP tender/bidding The 'Track' on PPP projects to date Outline business case Risk control Value management Output specifications Standard concession terms and conditions Consortium bidding dynamics Invitation to qualify The ABN Amro model Invitation to tender One/two envelopes? Bid evaluation procedures Risk tradeoffs/matrix Preferred bidder(s) Reserve bidder(s) Project finance offer Concession finalisation Project finance close Case study: Croydon Tramlink Why the tender overturned them? Risk matrices Logic diagrams Four-by matrices Who takes what risk? World's best practices Case studies: Annuity Highways Why is this the simplest output specification in the world? How does an Annuity Payment work? Tolled vs.Untolled? The right of substitution? Highway 407 How did Value Engineering contribute? Tactics to maximise return/value? Penang Bridge (OMT) Funded by Islamic bonds, the government retains the right to renationalise it. Mangaung Prison It is so successful that prisoners re-offend to avoid getting transferred there! Mildura Base Hospital Why was the preferred consortium 'fired' during the last-minute negotiations? Supported Debt Model (SDM) Schools Why was the SDM tried on this package? What was the sponsors' resultant funding structure?