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It is the aim of this conference to offer guidance to the pitfalls that public and private sector should avoid and the topics covered at the conference. The topics to be discussed will include all the main issues on a country by country basis, both in theoretical terms and through practical current PFI case studies.

Benefits of attending this event

Network with your peers in the industry
Learn about the PPP road programme in Norway
Understand the payment mechanism for the Norwegian Roads projects
Find out the timeframe and project plan for Fehmarn Baelt between Germany and Denmark
Learn about the projects in Estonia
Hear about the initiatives and timeframe in the Finnish Defence Sector
Learn about the best value considerations at Jernbaneverket Norway
Expand your knowledge of the initatives in Finland at the municipal level
Hear comparative case studies from the international market
Hear the findings of the financial report on the Oresundsbron project

Gain an insight from key public and private sector presentations

Ministry of Transport, Denmark
Vegvesen, Public Road Administration, Denmark
Ministry of Finance, Estonia
Ministry of Defence, Defence Staff Finland
Ministry of Trade and Industry Finland
City of Vantaa, Finland
A-BANAN Projekt, Sweden
Jernbaneverket (Rail Administration) Norway
The Confederation of Finnish Industry and Employers TT, Finland Vattenfall,
Minsitry of Transport, Finland
LB Kiel
Road Administration Finland
Femer Baelt, Denmark
Oresundsbro Konsortiet
European Investment Bank
Banc of American Securities
Depfa Bank
Skanska BOT
Nordea Denmark
Ernst and Young

Conference programme

8:30 Registration and Coffee

9:00 Chairman's Opening Remarks

Jeremy Williams

Jeremy Williams, Solicitor, Roschier Holmberg

9:10 IS PPP MORE EFFICIENT THAN TRADITIONAL PROCUREMENT?

Kjersti Billehaug

Kjersti Billehaug, Manager - PPP Program, Vegvesen

  • The political and socio-economic reasons behind the decision
  • The objectives of the new way of procuring transport infrastructure in Norway
  • The E39 Klett-Bardshaug, Sor-Trondelag – pre-qualification 2001
  • Objectives: increased availability and traffic safety, better environment and high aesthetic standard based on the approved area development plan
  • The E39 Lyngdal-Flekkefjord, Vest-Agder – pre-qualification in 2002
  • The E18 Kristiansand-Grimstad, Aust-Agder – pre-qualification 2003/2004
  • 9:30 THE PAYMENT MECHANISM FOR THE NORWEGIAN ROAD PROJECTS

    Jan Harald Solstad

    Jan Harald Solstad, Senior Manager, Ernst and Young Norway

  • The concept
  • An annual unitary payment being available
  • The actual level of payment: varied according to performance
  • Setting pre-defined criteria
  • The four elements: - Availability payment depending on certain standards - Performance payments for operation and maintenance - Safety payments based on the record of the road (compared to other roads in Norway) - Payments related to unexpectedly high traffic volumes
  • 10:00 EFFICIENCY CONSIDERATIONS IN THE NORWEGIAN RAILROADS

    Gunnar Markussen

    Gunnar Markussen, Head of Finance, Jernbaneverket, (Norwegian Rail Administration)

  • The socio-economic impact of a possible PPP funding of rail
  • Economical benefits as a result of competition
  • Efficiency considerations
  • 10:30 Morning Coffee

    11:00 KEY FINANCING ISSUES OF PPP PROJECTS

    Dr Ansgar Benidek

    Dr Ansgar Benidek, Director, Head of Infrastructure Finance, LB Kiel

  • Definition and rationale for PPP projects
  • Common structural characteristics and risk distribution
  • Realisation alternatives - Availability related structures - Minimum income guarantees, caps and corridors - Shadow tolling - Real toll solutions
  • Financing alternatives
  • Public concerns and private solutions
  • 11:30 TRANSEUROPEAN NETWORKS

    Cheryl Fisher

    Cheryl Fisher, Head of Division, Structured Finance and PPPs, UK, Ireland and Nordic Countries, European Investment Bank

  • EU support for TENs
  • Role for the private sector?
  • Advantages of PPP structures
  • 12:00 THE FINNISH APPLICATION OF PPP/DBFO METHOD IN LARGE ROAD INVESTMENTS

    Pekka Jokela

    Pekka Jokela, Director, Finnish Road Administration

  • The enlargement of the responsibility concerning traffic corridors
  • The payment mechanism: financing and risk management that supports customers’ needs
  • Defining the quality in DBFO/service contracts
  • Lahti road - the first Finnish DBFO – evaluation of progress to date
  • 12:40 Lunch

    14:00 CREATING AND MAINTAINING COMPETITION – TOPIC TO BE CONFIRMED

    Gunnar Lundberg

    Gunnar Lundberg, Senior Vice President, Skanska BOT

  • Provisions for the use of PPP
  • 14:30 THE VIEW FROM THE INVESTOR’S OFFICE

    Duncan Caird

    Duncan Caird, Managing Director, Global Infrastructure, Banc of America Securities

  • Identifying the right projects for Project Finance investment
  • Maximum or optimum risk transfer – what can the investor control or manage?
  • Assessing the risk – case study of the Arlandabanan High Speed Rail Link
  • Mitigating and pricing risk
  • Outsourcing risk to the insurance market/monoline wraps
  • What can we contribute to the Nordic market?
  • 15:00 Afternoon Tea

    15:20 ARLANDABANAN - LESSONS LEARNED FROM A REAL LIFE PPP PROJECT ON TRACK

  • Financial structure (risks, rewards)
  • The role of each party during implementation and lessons learned: - Concession company - Sponsors/shareholders - Contractor - Banks - Government
  • Current situation and future prospects
  • What could/should have been done differently?
  • Göran Lundgren was involved with the Arlandabanan project from the start and CEO 1996-2001 for A-Train, the concession company which built the project and now operates the Arlanda Express airport shuttle services
  • Göran Lundgren

    Göran Lundgren, CEO 1996-2001, A-Train

    Kjell Sundberg

    Kjell Sundberg, Managing Director, A-Train Projekt

    15:50 FINANCING SWEDISH TRANSPORT INFRASTRUCTURE

    Per Olof Lingwall

    Per Olof Lingwall, Head of Unit Financing, Banverket,( National Rail Administration Sweden)

  • Understanding infrastructure financing
  • The Infrastructure Bill
  • Developing new pricing and investment models
  • The financing situation of investment in the railways in Sweden
  • Experiences from the 1990s’ investment climate
  • The impact of the 2004-2015 plans
  • 16:20 PREPARING FOR THE DEFENCE REVIEW 2004

    Colonel Tapani Rahko

    Colonel Tapani Rahko, Chief of Control Unit, Finnish Defence Staff

  • Efficiency considerations in the Defence sector in Finland
  • Involving the private sector at the first phase of the project
  • Potential projects
  • 17:00 PANEL DISCUSSION – WHICH PFI TEMPLATES CAN BE ADAPTED FROM ONE COUNTRY TO THE OTHER?

    17:30 Chairman's Closing Remarks and Close of Day One

    8:30 Re-registration and Coffee

    9:00 Chairman's Opening Remarks

    Dr John Nelson

    Dr John Nelson, Independent Advisor,

    9:10 THE POLITICAL AND SOCIO-ECONOMIC BACKGROUND OF THE FIXED LINKS

    Jorn Holdt

    Jorn Holdt, Head of Division, Ministry of Transport, Denmark

  • Financing infrastructure with high economic risk
  • Socio-economic considerations
  • Experience with co-operation between two countries on large projects
  • Ensuring transparency and dividing responsibilities between the parties involved
  • Retaining national government control while capitalising on the advantages of the private sector
  • 9:40 CONCLUSIONS OF THE FINANCIAL REPORT - THE ØRESUND LINK

    Kaj V. Holm

    Kaj V. Holm, Director, Finance, Øresundsbro Konsortiet

  • Findings of the financial report
  • Market conditions and commercial aspects
  • The pros and cons of guaranteed financing compared to private financing
  • 10:20 THE FEHMARN BELT LINK - DENMARK AND GERMANY MOVING TOWARDS A DECISION

    Peter Lundhus

    Peter Lundhus, Managing Director, Fehmarn Belt, Denmark

  • Framework and timetable
  • Results from the ECI (Enquiry of Commercial Interest)
  • Challenges
  • Risk distribution

    Financial requirements

  • Results from the corresponding financial modelling
  • The next steps
  • 11:00 Morning Coffee

    11:20 THE ROLE OF BANKS IN NORDIC PPP/PFI PROJECTS

    Egil Rindolf

    Egil Rindolf, Head of Export and Project Finance, Nordea Denmark

  • Why private sector funding?
  • Is the private sector better placed to manage risk?
  • The advantages of PPP finance as opposed to traditional financing methods
  • Best value considerations
  • 12:00 CREATING THE ENABLING ENVIRONMENT TO IMPLEMENT A PPP PROGRAM IN ESTONIA

    Margus Uudam

    Margus Uudam, Deputy Secretary General, Ministry of Finance, Estonia

  • Alternative financing initiatives in Estonia
  • Establishing the political will on the part of the government to consider PPP
  • Outlining the benefits of alternative financing
  • Possible projects and timeframes
  • 12:20 THE UNIQUE POSITION OF THE BALTIC STATES

    Dr John Nelson

    Dr John Nelson, Independent Advisor,

  • The socio-economic needs of the region
  • Does the legal structure favour development?
  • Potential projects at national and municipality level
  • Examples: the potential in infrastructure and social infrastructure
  • 13:00 Lunch

    14:00 CITY OF VANTAA – CREATING THE ENABLING ENVIRONMENT TO IMPLEMENT A PPP PROGRAM

    Martti Lipponen

    Martti Lipponen, Deputy Mayor, City of Vantaa, Finland

  • Ensuring political commitment from the government
  • Overview of the current market
  • Potential projects
  • 14:30 CREATING AN ENABLING ENVIRONMENT TO IMPLEMENT A PPP PROGRAM

    Juhani Huttunen

    Juhani Huttunen, Head of Corporate Finance, The Confederation of Finnish Industry and Employers TT

  • Ensuring political commitment from the government
  • Overview of the current market
  • Potential projects
  • 15:00 Afternoon Tea

    15:20 TIMEFRAME FOR FUTURE PROJECTS

    Pertti Valtonen

    Pertti Valtonen, Counsellor, Ministry of Trade and Industry, Finland

  • Future opportunities in the Finnish public sector
  • The advantages of involving private sector funding
  • Efficiency considerations
  • Lessons learned from the two projects so far
  • The potential in healthcare and education
  • 15:50 INITIATIVES AND POTENTIAL PROJECTS

    Kaisa Leena Valipirtti

    Kaisa Leena Valipirtti, Senior Adviser, Legal Affairs, Ministry of Transport and Communications, Finland

    16:20 MANAGING TRAFFIC RISK FROM THE LENDERS PERSPECTIVE

    Magnus d'Oldenburg

    Magnus d'Oldenburg, Associate Director Special Finance, DePfa Bank

  • Payment schemes
  • Traffic forecast
  • Pricing of traffic risk
  • 17:00 Chairman's Closing Remarks and Close of Conference

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    Workshops

    Practical Risk Transfer Techniques in Project Finance
    Workshop

    Practical Risk Transfer Techniques in Project Finance

    Radisson SAS Scandinavia Hotel
    23rd October 2002
    Copenhagen, Denmark

    Practical Risk Transfer Techniques in Project Finance
    Workshop

    Practical Risk Transfer Techniques in Project Finance

    Radisson SAS Scandinavia Hotel
    23rd October 2002
    Copenhagen, Denmark

    Radisson Blu Royal Hotel

    Hammerichsgade 1
    Copenhagen DK-1611
    Denmark

    Radisson Blu Royal Hotel

    Radisson Blu creates iconic buildings with individual interiors invoking an inviting, exciting ambiance and offering a holistic hospitality experience that is totally relevant to now. Radisson Blu flagship properties can be found in prime locations, including major cities, airport gateways and leisure destinations around the world. Radisson Blu Hotels & Resorts, part of the Rezidor Hotel Group, currently operates more than 230 hotels worldwide, with another 51 projects under development. Radisson Blu is a first class full service hotel brand with key differentiators such as the 100% Guest Satisfaction Guarantee and the Yes I Can! spirit of service. Carlson, a privately held, global hospitality and travel company, based in Minneapolis (USA), is the majority shareholder of The Rezidor Hotel Group. Together, Carlson and Rezidor have hotels in more than 90 different countries, 1,070 hotels in operation and 240 hotels under development.
    HOTEL BOOKING FORM

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    WHAT IS CPD?

    CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

    ‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

    CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

    Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

    CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

    CPD AND PROFESSIONAL INSTITUTES

    There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

    For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

    CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

    TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

    Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

    ‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

    ‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

    The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

    As a formal provider of CPD certified activities, SMI Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

    GLOBAL CPD

    Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

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    We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@smi-online.co.uk

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