Public Private Partnerships and Project Finance

Facilitating Acceleration of

Infrastructure Development

Monday, 9 – Friday, 13 February 2009 Livingstone, Zambia

Venue:

Chrismar Hotel,

Victoria Falls, Zambia

1. Seminar sponsors

Fieldstone Africa and the Development Bank of Southern Africa, in conjunction with ZESCO Limited, will be holding a Seminar on ‘Public Private Partnership and Project Finance: Facilitating Acceleration of Infrastructure Development’ at Chrismar Hotel, Victoria Falls, Zambia, from Monday, 9 to Friday, 13 February 2008.

2. Introduction: The need for Public Private Partnerships

Development of infrastructure in Africa, and Zambia in particular, has become the most pressing challenge for accelerating economic development and social progress. Continent wide, estimates range between US$ 500 billion to as high as US$ 1 trillion of funding required to develop the infrastructure necessary to meet the minimum requirements for Africans to enjoy even a modicum of what could be termed ‘normal life’ – in the next two decades or so. If Africa is to make a meaningful impact on its developmental backlog, huge resources would be required. It is now universally accepted that, on their own, governments are unlikely to mobilise this level of resources; especially coming at a time when they have to simultaneously face the daunting task of meeting the Millennium Development Goals (‘MDGs’ - mostly centred on the social sectors like education and health, environmental improvement and poverty alleviation in general, for which it is difficult to attract private investment).

Given the realisation of Governments’ constrained resources to provide for infrastructure development in the short, medium, and long term, focus has now moved to the involvement of the private sector in this endeavour. To strike an even balance between the exigencies of high project returns demanded by the private sector and the developmental-cum-social cohesion objectives of the public sector, the world is increasingly moving to the implementation of projects through Public Private Partnership (popularly known by the acronym ‘PPP’). In short, development of projects through strong cooperation between the public and private sectors.

3. Benefits of Public Private Partnerships

What are the benefits of PPP? Well, this symbiotic partnership between government and the private sector holds a lot of promise to the two partners, among which are the following:

Improved capacity by government to deliver services i. (infrastructure) to its citizens, thus helping it fulfil its part of the socio-political contract between the electorates and its political representatives;

Improvement in general economic performance due ii. to better and efficient infrastructure (roads, railways, airports, harbours, water, sanitation, electricity, telecommunication, etc.);

Increased capacity for the country to plan, fund and iii. execute all types of infrastructure projects (from small to large scale projects);

More opportunities for the construction, engineering, iv. legal, and financial sectors (with extension of benefits to the rest of the economy: agriculture, education, health, transportation and other services);

Job creation;v.

Increase in government revenues and concomitant vi. improvement in government capacity to invest further in the economy;

Increase in the general standards of living; andvii.

Significant acceleration in the attainment of the MDGs viii. (leading to greater impact on poverty alleviation).

4. Workshop coverage

The Seminar will be a hands-on approach as the participants will have an opportunity to design the PPP structure for the dual carriageway on the Kitwe – Chingola Road which is currently in the Feasibility Stage.

Financial, Legal & Regulatory FrameworkSector, Projects & StrategiesPotential SourcesCase Studies: Electricity & Water Projects

Day 5Case studies: Transport & Municipal Services ProjectsChallenges & Opportunities of PPPs: The Zambian PerspectiveOf ose: PPPs in Zambia — The Way ForwardBy Honorable Minister of Commerce and Industry

Who Should Attend

Given the over-enveloping bene ts of PPPs, this Seminar should be attractive to the following people and sectors:

Government Of (especially Ministries of Energy & Water Development, Finance & National Planning, Works & Supply, Justice, Local Government, Commerce & Industry)Utilities (Water, Electricity, Communication etc)Regulators;Investment Promoters;City, Municipal & Rural Councils;Financial Institutions (Banks, Insurance companies, Pension Funds);Legal Practitioners;Contractors; andPotential Investors

Resource Persons

A Group of Resource Persons, internationally recognised and with both African and world experience has been selected to lead the presentations and discussions at this Seminar. Key among them are the following:

IP3 of the United KingdomCRISIL of IndiaNational Treasury of South Africa Industrial Development Corporations (IDC) from South AfricaThe Development Bank of Southern Africa (DBSA)Fieldstone Africa

Participation Fee

The Seminar will cost ZMK 2.5 million inclusive of course material, gift packs, lunch and tea break but excluding travel and accommodation costs.

5. Who should attend

Given the over-enveloping benefits of PPPs, this Seminar should be attractive to the following people and sectors:

Government Officials (especially Ministries of √Energy and Water Development, Finance and National Planning, Works and Supply, Justice, Local Government, Commerce and Industry)

Utilities (water, electricity, communication, etc) √

Regulators √

Investment Promoters √

City, Municipal and Rural Councils √

Financial Institutions (banks, insurance companies, √pension funds)

Legal Practitioners √

Contractors √

Potential Investors √

6. Resource persons

A group of resource persons, internationally recognised, with both African and world experience has been selected to lead the presentations and discussions at this seminar. Key among them are:

CRISIL of Indiai.

National Treasury of South Africa ii.

Industrial Development Corporation (IDC) from South iii. Africa

The Development Bank of Southern Africa (DBSA)iv.

French Development Bank (AFD)v.

Fieldstone Africavi.

7. Participation fee

The Seminar will cost US$ 750 inclusive of course materials, gift packs, lunch and tea break but excluding travelling and accommodation costs.

Registration Form

Please print clearly

Surname:

First name: Title:

Job title:

Id No:

E-Mail:

Tel:

Fax:

Area code:

Cell:

Organisation:

Postal address:

Code:

Dietary or special needs:

Signature:

8. How to register

For Application Forms, please contact:

8.1 ZESCO Limited

Attention:Ngoza S C Nkwabiloa.

E Mail: nscnkwabilo@zesco.co.zm Phone: +260 955 773 393 or +260 977 773 393

Florence Mutaleb. E mail: fmutale@zesco.co.zm Phone: +260 211 362 530 or +260 966 759 237

8.2 Vulindlela Academy of the Development Bank of Southern Africa

Attention:a. Patience Mthembu E Mail: patiencem@dbsa.org Phone: +27 11 313 3918

b. Marijke Telfer Email: Marijke@dbsa.org Phone: +27 11 313 3456

8.3 Fieldstone Africa (Pty) Limited Attention:Monyl TogaE Mail: monyl@fpcg.co.zaPhone: +27 11 775 2000

9. Payment method

Please deposit full payment into the account number highlighted below and fax proof of payment to:

ZESCO LimitedPRP Operations AccountFinance Bank, Account Number: 006 08010 1019501

Please fax or e-mail proof of payment to: Ngoza S C Nkwabilo, Fax No: +260 211 223 970orPatience Mthembu, Fax No: +27 11 206 3918