Upload
isabel-reilly
View
215
Download
1
Tags:
Embed Size (px)
Citation preview
Organised by Civil Service College, Dhaka
Md. Abu RashedSenior Consultant (PPP)
Infrastructure Investment Facilitation Center18 February 2012
PPP Frameworks in Bangladesh
11
Lecture No. 4
22
PART A: Forms of PartnershipsPART A: Forms of Partnerships• IntroductionIntroduction
• Type of PPP’sType of PPP’s
PART B: PPP Frameworks of BangladeshPART B: PPP Frameworks of Bangladesh• First Generation PPPsFirst Generation PPPs
• Second Generation PPPsSecond Generation PPPs
• Third Generation PPPsThird Generation PPPs
PART A: PART A:
Forms of Forms of PartnershipsPartnerships
33
Medium to long term relationship between the public and private Sector
Enable Government to work with private sectors to provide infrastructure
Involves sharing and transferring of risks and rewards between public and private Sector
Attempts to utilise multi-sectoral and multi-disciplinary expertise to structure, finance and deliver desired policy outcomes
Clear governance structures established to manage the partnerships
Achieving improved value by
• utilising the innovative capabilities
• skills to deliver performance improvements and
• efficiency savings
Leveraging private sector expertise and capital
• to obtain efficiency gains in service delivery
• and asset creation
Life-cycle responsibility, value for money, output specification, risk transfer fundamental
66
Service ContractsService Contracts Management ContractsManagement Contracts Lease ArrangementsLease Arrangements ConcessionsConcessions
• BOOTBOOT• BOTBOT• BOOBOO• BTBT• BTOBTO• ROTROT• ROMROM• SOTSOT
77
Duration (yrs)Increasing level of delegation, risk & irreversibility
Service Service contractscontracts
ManagemeManagement nt contractscontracts
LeasesLeases
ConcessionsConcessions
DivestituresDivestitures100 % non-public 100 % non-public ownershipownership
100 % Public 100 % Public ownershipownership
5 10 15 20 25 30
BOTBOT
BOOBOO
Provider
Enabler/ Regulator
Government’sRole
88
Equity Investors
Lenders/ Institutional Investors
Borrower / Concessionaire
Executing Agency
Dividends
Equity InvestmentDebt Finance
Debt Service (Principal + Interest)
Concession Agreement
Toll Payments
Revenues/Cash FlowsProject
Construction, Operations and
Maintenance
Toll Rate/ Fare Collection
Revenue
Government of
Bangladesh
Performance Guarantee
Annuity Payments
PART B: PART B:
PPP Frameworks PPP Frameworks of Bangladeshof Bangladesh
99
1010