Ppp And Project Finance Seminar

Public Private Partnerships and Project Finance Monday, 9 – Friday, 13 February 2009 Livingstone, Zambia

Facilitating Acceleration of Infrastructure Development

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).

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: i.

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

ii. Improvement in general economic performance due to better and efficient infrastructure (roads, railways, airports, harbours, water, sanitation, electricity, telecommunication, etc.); iii. Increased capacity for the country to plan, fund and execute all types of infrastructure projects (from small to large scale projects); iv. More opportunities for the construction, engineering, legal, and financial sectors (with extension of benefits to the rest of the economy: agriculture, education, health, transportation and other services); v. Job creation; vi. Increase in government revenues and concomitant improvement in government capacity to invest further in the economy; vii. Increase in the general standards of living; and

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.

viii. Significant acceleration in the attainment of the MDGs (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 5. Who should attend Framework

Sector, Projects & Strategies Potential Given the Sources over-enveloping benefits of PPPs, this Seminar Case Studies: Electricity & Water Projects should be attractive to the following people and sectors: Day 5 √ √ Government Officials (especially Ministries of CaseEnergy studies: Transport & Municipal Services Projects and Water Development, Finance and Challenges Opportunities PPPs: National&Planning, Worksofand Supply, Justice, Local The Government, Zambian Perspective Commerce and Industry) Of ose: PPPs in Zambia — The Way Forward √ √ Honorable Utilities (water, electricity, communication, etc) By Minister of Commerce and Industry √√ Regulators

Who Should Attend

√√ Investment Promoters Given the over-enveloping bene ts of PPPs, this Seminar √ √ City,beMunicipal Rural Councilspeople and sectors: should attractiveand to the following √√ Financial Institutions (banks, insurance companies, Government Of (especially Ministries of Energy & pension funds) Water Development, Finance & National Planning, Works & Supply, Justice, Local Government, Commerce & Industry) √ √ Legal Practitioners Utilities (Water, Electricity, Communication etc) √ √ Contractors Regulators; Investment Promoters; √√ Potential Investors City, Municipal & Rural Councils; Financial Institutions (Banks, Insurance companies, 6. Resource persons Pension Funds); Legal Practitioners; A group of resource persons, internationally recognised, Contractors; and and world experience has been selected with both African Potential to lead theInvestors presentations and discussions at this seminar. Key among them are:

Resource Persons

i. CRISIL of India A Group of Resource Persons, internationally recognised ii. of South and National with bothTreasury African and worldAfrica experience has been selected to lead the presentations and discussions at this iii. Industrial Development Corporation (IDC) from South Seminar. Key among them are the following: Africa IP3 of the United Kingdom iv. The Development Bank of Southern Africa (DBSA) CRISIL of India v. French Development Bank (AFD) National Treasury of South Africa Industrial Development Corporations (IDC) from South Africa vi. Africa The Fieldstone Development Bank of Southern Africa (DBSA) Fieldstone Africa

7. Participation fee

Participation FeeUS$ 750 inclusive of course The Seminar will cost materials, gift packs, lunch and tea break but excluding The Seminar cost ZMK 2.5 costs. million inclusive of course travelling andwill accommodation material, gift packs, lunch and tea break but excluding travel and accommodation costs.

8. How to register For Application Forms, please contact:

b. Marijke Telfer Email: [email protected] Phone: +27 11 313 3456

8.1 ZESCO Limited

8.3 Fieldstone Africa (Pty) Limited

Attention: a. Ngoza S C Nkwabilo E Mail: [email protected] Phone: +260 955 773 393 or +260 977 773 393 b. Florence Mutale E mail: [email protected] 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: [email protected] Phone: +27 11 313 3918

Registration Form Please print clearly Surname: Title:

Job title: Id No: E-Mail: Tel: Fax: Area code: Cell: Organisation: Postal address: Dietary or special needs:

Signature:

9. Payment method Please deposit full payment into the account number highlighted below and fax proof of payment to: ZESCO Limited PRP Operations Account Finance Bank, Account Number: 006 08010 1019501 Please fax or e-mail proof of payment to: Ngoza S C Nkwabilo, Fax No: +260 211 223 970 or Patience Mthembu, Fax No: +27 11 206 3918

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First name:

Attention: Monyl Toga E Mail: [email protected] Phone: +27 11 775 2000

Code: