Introduction
Infrastructure Needs in Africa: There's a critical demand for new infrastructure to accommodate growing populations.
Financial Challenges in the Gulf: Unique and growing financial issues are being faced.
Requirements for More Infrastructure: Needs include roads, airports, schools, hospitals, and housing, with an ever-expanding list of requirements.
Governmental Financial Limitations: Severe budget constraints at all governmental levels hinder necessary structural transformations.
Success of PPP in the Middle East: Some countries have developed moderately successful Public-Private Partnerships (PPPs), each with unique national characteristics.
Persistent and Intensifying Challenges: The region faces ongoing and deepening difficulties in the current environment.
Master Class Goals
Purpose: To provide a comprehensive understanding of PPP operations and to empower participants to innovate through practical application.
Method: Utilizing in-depth studies, collaborative discussions, and rigorous evaluations.
Course Objectives
Financial & Commercial Aspects of PPP:
- Topics include funding strategies, attracting investors, managing project finances, and understanding ROI.
Project Management Aspects of PPP:
- Encompasses project planning, cost management, risk assessment, and implementation.
Legal Aspects of PPP:
- Involves contract negotiation, regulatory compliance, and dispute resolution.
Sector-by-Sector Analysis:
- Detailed examination of PPP models and structures across various sectors.
PPP Model Construction:
- Hands-on training in building a functional PPP model using Excel.
Course Outline
Day 1: Understanding PPP Fundamentals and Sectoral Insights
- Debate: What responsibilities should the government provide?
- Case Studies:
- Privatization strategies.
- Experiences of PPP in Africa and the Gulf.
- The UK’s rejection of PPP.
- Taxation strategies for private investment.
- Lease-Develop-Operate (LDO) and Wrap-Around Addition (WAA).
- Group Discussion: Technical skill gaps in the public sector.
- Sectoral Overview:
- Toll Roads, Railways, Schools, Hospitals, Housing, etc.
Day 2: Project Evaluation and Financing
- Project Evaluation: Overview and case study comparisons.
- PPP Processes: National and international procedures.
- Project Financing:
- Roles of financial institutions like the African Development Bank and Islamic Development Bank.
- Evaluation of financial structures.
- Evaluation of PPP transactions.
- Appropriate financial structures for infrastructure.
Day 3: Risk Management and Legal Frameworks
- Risk Management: Overview and specific case studies.
- Legal Frameworks:
- Standard PPP contracts and regional specifics.
- Evaluation of UK Local Government and Indian concession contracts.
- Future of Infrastructure Finance: Insights into best practices.
Day 4: Advanced PPP Modeling
- PPP Modelling Techniques: Cash flow analysis and valuation.
- Project Finance Insights: Revenue and cost modelling.
- Practical Application: Utilization of models and rating methodologies.
Day 5: Constructing and Analyzing a PPP Model
- Review and analysis of project inputs.
- Data verification and cash flow projections.
- Financial Metrics Analysis:
- Loan assessment, IRR, NPV, and more.