pfi conferences | 2nd Annual PPP Australia Conference

3rd & 4th October 2006, Hilton, Sydney

Programme

Chairman:

  • Rod Morrison, Editor, PFI

International speakers:

  • Hyeon Park, Head of PFI, Public and Private Infrastructure Investment Management Centre (PIMAC), South Korea
  • Mike Marasco, Vice President Partnerships Development, Partnerships British Columbia
  • John Barna, Executive Director, California Transport Division [Subject to final approval]
  • Kazuo Ueda, President, Japan PFI Association
  • Philippe Tromp, Managing Director International Finance, FSA
  • Chris Wrenn, Director, FSA
  • Tony Poulter, Global Head of Government and Infrastructure, PricewaterhouseCoopers
  • YeonSu Lee, KODA Development Company

Government speakers:

  • John Della Bosca, Finance Minister, Government of NSW
  • Steven Page, Director - Public Private, Treasury and Finance, Government of South Australia
  • Stephen Brady, Principal Financial Analyst, Private Projects Branch, NSW Treasury
  • Graham Matthew, Chief Executive Officer, LG Infrastructure Services

Industry speakers:

  • Peter Hicks, General Manager, Leighton Contractors & Chief Executive, RiverCity Motorway
  • David Roseman, Head of Project and Structured Finance, Macquarie Bank
  • Geoff Meulman, General Manager, Infrastructure and Utilities Solutions, Commonwealth Bank of Australia
  • Gareth Mann, Group General Manager Development, Transurban
  • Paul Oppenheim, Managing Director, Plenary Group
  • Glenn Byres, Public Affairs Director, Infrastructure Partnerships Australia
  • John Martin, Head of Structured Finance, ABN Amro
  • Mark de Medici, Babcock & Brown
  • Ted Wziontek, General Manager, Infrastructure, Transfield Services
  • Shane Guyot, Associate Director, WestPac

Day One: Tuesday 3rd October 2006

8.30 REGISTRATION

9.00 Government Perspectives

  • The future for infrastructure financing
  • Where will PPP be used: social, transport and economic infrastructure

Leading politicians have been invited to speak at the PFI PPP Australia Conference. Please check our website at www.pficonferences.com for speaker updates.

10.30 Tea and Coffee

10.45 Developing domestic PPP markets

The investment climate for infrastructure: the perspective from financiers, operators and users
  • What guides investment decisions
  • How political and operational risk affect the flow of capital
  • The services and public affairs challenges facing infrastructure operators

Glenn Byres, Public Affairs Director, Infrastructure Partnerships Australia

FINANCE OPTIONS FOR THE NSW INFRASTRUCTURE

John Della Bosca, Finance Minister, Government of NSW

Greenfield project finance
  • Overview of financing techniques
  • Public vs. private equity
  • Brisbane North South Bypass Tunnel case study

John Martin, Head of Structured Finance, ABN Amro

PPP Australia: Developing markets and global opportunities
  • Developing domestic PPP market - how can we develop a public sector market with depth?
  • Global development - where are the opportunities for Australian expertise and equity

Mark de Medici, Babcock & Brown

Tony Poulter, Global Head of Government and Infrastructure, PricewaterhouseCoopers

John Martin, Head of Structured Finance, ABN Amro

Ted Wziontek, General Manager, Infrastructure, Transfield Services

12.30 Lunch

13.45 Case studies

Brisbane North South Bypass Tunnel & Canberra Defence Headquarters
  • Tapping into private finance for infrastructure projects
  • Attracting institutional investors to infrastructure
  • Quantifying the benefits of PPP
  • Understanding the advantages of large syndicates

Peter Hicks, General Manager, Leighton Contractors & Chief Executive, RiverCity Motorway

Long Bay Prison And Forensic Hospital
  • Selecting which projects to bid for
  • Implications of being a reserve bidder on a transaction
  • Conduct of the PPP process by NSW Health - what worked well
  • Standardisation of risk allocation/documentation - lessons learnt from Mater and Forensic

Mark de Medici, Babcock & Brown

Mater hospital
  • Process to optimise bid solution
  • Positioning consortium against public sector competitor
  • Leanings1 from NSW Health process

Shane Guyot, Associate Director, WestPac

Regional Police Stations and Courts PPP

The PPP for five police stations and four courthouses in regional centres in South Australia was signed in June 2005. Eight of the facilities were operational by June 2006, with the last facility due for commissioning in October. The case study covers the key aspects of the PPP procurement process from inception to contractual close.

  • Developing the PPP model - reference project, output specification and risk allocation
  • Project governance and tendering
  • Contract negotiation - managing project scope and KPIs
  • Project delivery and review - benefits, costs and lessons learned

Steven Page, Director - Public Private, Treasury and Finance, Government of South Australia

15.45 Tea and coffee

16.00 Case studies continued...

The Melbourne Convention Centre transaction
  • Role of the monoline
  • Benefits of monoline participation
  • Due diligence
  • Risk analysis

Philippe Tromp, Managing Director International Finance, FSA

Deploying the PPP model to the education sector
  • NSW experience in the education sector
  • Evolution of the PPP model from the first New Schools Project to New Schools 2
  • Benefits to Government
  • Future directions for PPPs in the education sector

Stephen Brady, Principal Financial Analyst, Private Projects Branch, NSW Treasury

South East Queensland: innovative models to achieve project economies of scale in local government infrastructure - delivering large scale water projects
  • The drought management strategy
  • Delivering multiparty cooperation
  • Engagement with private sector

Graham Matthew, Chief Executive Officer, LG Infrastructure Services

17.45 End of day one

17:50 DRINKS RECEPTION

DAY TWO: Wednesday 4th October 2006

8.30 TEA AND coffee

9.00 Developing overseas PPP markets

Transferring local knowledge and replicating success offshore

David Roseman, Head of Project and Structured Finance, Macquarie Bank

International infrastructure investments
  • Global financing trends and techniques in infrastructure
  • The corporate financation of project finance
  • Infrastructure ownership as an asset class - a redefinition or commoditisation
  • Is the future of ownership all institutional?

Geoff Meulman, General Manager, Infrastructure and Utilities Solutions, Commonwealth Bank of Australia

Toll road opportunities in international markets
  • Future bidding models and long term equity funds

Gareth Mann, Group General Manager Development, Transurban

Roundtable - where next for Infrastructure?
  • Current trends in the development of the PPP equity market
  • Identifying markets that offer superior returns
  • How the infrastructure asset class will develop over the next 12 months

Chris Wrenn, Director, FSA

Geoff Meulman, General Manager, Infrastructure and Utilities Solutions, Commonwealth Bank of Australia

Gareth Mann, Group General Manager Development, Transurban

11.00 Tea and Coffee

11.15 Asia Focus

Opportunities for international operators in South Korea
  • Current issues in PPI policy (focused on change in Annual PPI Plan as of 1st July 2006)
  • PPI: Private Participation in Infrastructure, also known as PPP in other countries
  • Policies to induce foreign investors and operators to Korean PPI market
  • The prospects of Korea's PPI market
  • The opportunities for foreign investors and operators in Korea

Hyeon Park, Head of PFI, Public and Private Infrastructure Investment Management Centre (PIMAC), South Korea

Japan PFI - models, markets and prospects
  • Social infrastructure opportunities
  • Role of local government in PFI
  • Contractual structures
  • Proposal by private entities for PFI projects

Kazuo Ueda, President, Japan PFI Association

Case Studies

Incheon Bridge, the pioneering PPP project led by project finance in Korea
  • Project overview: the 1st SOC private investment project led by foreign investors
  • The dynamic relationship with the Korean government: challenges and achievements
  • Incheon Bridge and Development of Incheon Economic Free Zone (IFEZ)
  • Prospects for the Korean PPP and project finance market: opportunity expansion with positive changes in Construction and Finance industries

YeonSu Lee, KODA Development Company

12.45 Lunch

14.00 North American Focus

PPP Developments for Transport in California and North America

John Barna, Executive Director, California Transport Division [Subject to final approval]

A comparison between Canadian P3 and Australian PPP markets - an owners perspective
  • Snapshot of both markets
  • Government procurement method
  • Risk allocation
  • Financing approaches
  • Predictions for the future

Paul Oppenheim, Managing Director, Plenary Group

15.00 TEA AND COFFEE

15.15 The Canadian P3: experiences and lessons of international cooperation - a public procurement perspective

  • Canadian PPP market overview - transaction and market activity
    • Projects completed to date
    • Projects in the market
    • Forecasted deal flow
  • Canadian public procurement agencies and approaches
  • Market competition in Canada
    • Strengths
    • Weaknesses
    • Opportunities
  • Case studies:
    • Abbotsford Regional Hospital and Cancer Centre
    • Sea to Sky Highway
  • Predictions for the Future - public sector perspective

Mike Marasco, Vice President Partnerships Development, Partnerships British Columbia

Roundtable - the north American PPP markets - opportunities for international investors

Paul Oppenheim, Managing Director, Plenary Group

Mike Marasco, Vice President Partnerships Development, Partnerships British Columbia

John Barna, Executive Director, California Transport Division [Subject to final approval]

16.30 Close of conference