Roadways, airport terminals, institutions, health centres and housing: the listing is massive and expanding. Yet severely restricted budgets and also deficits remain to prevent government at all levels from supplying the sort of structural modification that has always been needed. In Center East, nonetheless, some countries in the area have established fairly effective PPP programmes-- similar in numerous means yet with particular national characteristics. Challenges continue to be throughout the area as well as are intensifying in the current atmosphere.
Just understanding the concepts of PPP does underestimate our fantastic duty of having possession of our nation's future. We already know what we require to do, currently is the time to discover HOW.
This master course intends to do simply that. We are starting with an in-depth understanding of just how PPPs function, from financial, business, job & legal aspects, we look to press our participants to innovate with reality study, group discussions as well as technological evaluation.
Program Goals
Financial & Commercial elements of PPP, e.g. funding, just how to bring in investors, job finance, ROI
Project element of PPP, e.g. task planning, expense control, risks, implementation
The lawful aspects of PPP, e.g. contract, law, dispute resolution
Sector-by-sector analysis of PPP models and frameworks
Constructing a real PPP design utilizing Excel
DAY 1
DAY 1
The Debate: What Should the State Provide?
Case Study: The privatisation agenda
Case Study: PPP experience in Africa / the Gulf – the good, bad and ugly
Case Study: Why has the UK rejected PPP?
Case Study: Taxation structures for private investment in infrastructure
What Really Matters
Case Study in structure: Lease-Develop-Operate (LDO) and Wrap-Around Addition (WAA)
Group Discussion: Technical skills and the public sector – what needs fixing?
Case Study: Corruption and inefficiency in PPP delivery – causes, course and consequences
Sectoral Analysis: Toll Roads / Railways / Schools and Hospitals / Housing etc.
DAY 2
DAY 2
Project Evaluation
Case Study: International comparison of best practice guides in PPP experience and their application
PPP Procedures
Case Study: National PPP procedures compared to PF2 and other international practice
Case Study: What happens when projects fail?
Financing the Project
Case Study: The role of the African Development Bank / Islamic Development Bank
Case Study: Review of a PPP funding structure
Module 7: Specific Contract Issues
Case Study: How to rate a PPP transaction
Case Study: Types of project finance structures appropriate for infrastructure finance
Exercise: Resolving finance and structural issues in infrastructure provision
Day 3
Day 3
Overview of Risk and Risk Allocation
Case Study: Comparative risk evaluation in water and sanitation treatment plants
More to Consider
Organizing Legal Agreements
Case Study: The standard PPP contract (including guidance and contracts in Africa / Middle East)
Case Study: the UK Local Government contract – how useful?
Case Study: Indian concession contract for a toll road – evaluation
The Future of Private Finance for Infrastructure
Case Study: International comparison of best practice guides in PPP experience and their application
DAY 4
DAY 4
PPP Modelling
Project Cash Flow
Project Finance and PPP Models
Case Study: Valuation and Cash Flow models
Case Study: Revenue and cost models
Project Finance in Practice
Project Finance/PPP Model Issues
Case Study: Modelling cash flow waterfalls
Approaches to Rating in Project Finance/PPP Models
Using Project Finance/PPP Models
Case Study: Review of several project finance models and their decision-making input
DAY 5
DAY 5
Building a PPP Model
Project review
Analyzing the inputs
Dealing with input priorities
Data plausibility
Cash flow projections
Loan assessment
IRR NPV and other valuation analysis
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