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Public Private Partnerships in the Nordic Countries
18 October - 19 October 2004
Public Private Partnerships in the Nordic Countries
The 5th Annual Nordic PPP Conference promises to be the largest event in the Nordic PPP Calendar.

We are pleased to announce that Arnfinn Ellingsen, the Norwegian Secretary of State for Transport, will open the Conference.

The main focus of this Conference will be the key PPP programmes recently announced, including:
  • the 3rd Norwegian road project
  • Finnish E18 Muurla-Lohjanharju road project
  • new Danish road project connecting Sønderborg to the E45
  • the new DBMO road in Sweden
  • Danish Government’s 10 point action plan and project list
  • new PPP projects in Latvia and Lithuania
  • Networking Opportunities:
    Plenty of time has been allocated between sessions for you to put your questions to our speaker panel, and to other invited delegates from the Nordic Ministries.

    At this event, you will learn how to:
  • Establish payment mechanisms and risk allocation
  • Identify the main steps in the Nordic PPP procurement process
  • Meet government requirements for project lifecycle responsibility
  • Assess new financial structures within Nordic PPPs
  • Discuss the key drivers for adopting bond financing for your PPP project
  • Evalute TENs and the role of the EIB in PPP funding
  • Hear about the emering opportunities within the Baltics for PPP
Who will you meet at this event? All of the senior public officials involved in PPP/PFI in the Nordics, plus the key bidders, the main banks and the leading advisers.

Previous attendees include:
Credit Agricole Indosuez; Den Norske Bank; Dexia; EADS; Ernst & Young; Finnish Road Administration; Gudme Raaschou Investment Bank; HSH Nordbank; Kellogg Brown & Root; KPMG; Ministry of Finance Denmark; Ministry Of Trade And Industry Finland; Ministry of Transport & Communication Sweden; Ministry of Transport and Communication Norway; National Agency for Enterprise and Housing; NCC Construction; NIB Capital Bank; Nord LB; Nordea AB; Norwegian National Rail Administration; Norwegian Public Roads Administration; Partnerships for Schools; Skanska; Swedish Export Credit Corp; Tallinn City Government; Vagverket (Swedish Road Admin), and many many more

Key speakers from Government and Industry include:
  • Kjersti Billehaug, Manager, Norwegian PPP Road Programme, Statens Vegvesen,(Norwegian Public Roads Administration)
  • Matti Vehviläinen, Project Director, E18 Muurla-Lohjanharju, Tiehallinto (Finnish Road Administration)
  • Tom Ahmt, Chief Financial Officer, Sønderjyllands Amt
  • Per Olov Karlsson, Project Leader, Vagverket, Sweden
  • Sigmund Lubanski, Head of Section, EBST
  • Carsten SAE Media Groupdt, Chief Adviser, Danish Competition Authority
  • Andris Parups, Head of Concession Division, Ministry of Economy, Republic of Latvia

Conference agenda

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8:30

Registration and Coffee

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9:00

PPP structuring options

  • Rationale for identification of PPP projects
  • Structuring considerations for relevant PPP options: service/management contracts, joint ventures, divestiture, licensing, leases, and concessions
  • Sector application
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    9:30

    Feasibility studies for PPP/PFI projects

  • Pre-feasibility planning and analysis
  • Feasibility study requirements: economic, financial, social, legal/regulatory, and technical criteria
  • Creating a standardised process (checklist) for PPP project screening
  • Developing feasibility index and ranking opportunities for investment decisions
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    10:00

    Risk identification, mitigation and allocation

  • Techniques to identify PPP project risks
  • Understanding demand, financial, technical, economic, and political risks and implications for project feasibility
  • Analysis of risks and applicable allocation strategies to the most suitable party
  • Developing security packages (legal agreements) to mitigate project risks
  • The role of insurance and options for risk mitigation
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    11:00

    Morning Coffee

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    11:15

    Financial modelling

  • Financial models for sector-specific projects
  • Use of financial models to conduct scenario analysis
  • Use of financial models to determine cost recovery and the level of tariff
  • Financial modelling as a negotiation tool
  • Techniques to build-in appropriate incentives for private sector efficiency using financial modelling
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    12:10

    Discussion and questions – review of the session

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    12:30

    Networking Lunch

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    9:10

    WELCOMING ADDRESS FROM THE NORWEGIAN MINISTRY OF TRANSPORT

    Arnfinn Ellingsen

    Arnfinn Ellingsen, Secretary of State, Ministry of Transport, Norway

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    9:30

    THE THIRD NORWEGIAN PILOT ROAD PROJECT

    Kjersti Billehaug, Manager, Norwegian PPP Road Programme, Statens Vegvesen, (Norwegian Public Roads Administration)

  • Project details and expected timeframes for the third Norwegian road project
  • Lessons learnt from the two previous road projects
  • The payment mechanism and risk allocation for the third project
  • Sources of finance considered for the project
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    10:10

    THE PROJECT STRUCTURE OF THE SECOND NORWEGIAN ROAD

    Torgeir Øvstebø, Managing Director, Allfarveg (Veidekke)

  • The competition and the procurement process
  • The tender documents
  • The PPP model in the E39 Lyngdal-Flekkefjord project
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    10:30

    Morning Coffee

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    11:00

    THE NEW ROAD OUT TO TENDER IN FINLAND

  • Enlarging traffic corridors in Finland as part of the TENs network
  • The outline of the Finnish approach to risk allocation
  • Commercial interests in the project so far
  • The expected timeframes for tendering
  • Matti Vehvilainen

    Matti Vehvilainen, Project Director, Tiehallinto

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    11:40

    PPPS IN NORTHERN EUROPE – FROM THE SPONSORS VIEW

    Gunnar Lundberg

    Gunnar Lundberg, Senior Vice President, Skanska BOT

  • Availability versus toll roads
  • Project experience gained from Norway, Finland and Russia
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    12:20

    Networking Lunch

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    13:50

    PPP IN THE NORDIC AREA AND THE NORWEGIAN EXPERIENCE

    Daniel Källenfors, Vice President, Export & Project Finance, Nordea

  • The Nordic capital markets
  • The Norwegian model - a model for Nordic PPP
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    14:30

    THE ROLE OF MONOLINES FUNDING PPP PROJECTS

    Paul David

    Paul David, Head of PFI/PPP & Transport, MBIA

  • The development of capital markets solutions for the region
  • New financial structures in the UK - Credit Guarantee Finance
  • The negative basis trade phenomenon
  • The potential for wrapped bank solutions post Basle 2

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    15:10

    Afternoon Tea

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    15:40

    FINANCING THE EUROPEAN TRANSPORT NETWORK

    Jukka Luukkanen, Senior Loan Officer, EIB

  • TENs and the EIB's role in funding them
  • Recent developments: Growth initiative, Eurostat PPP guidelines
  • The TENs investment facility
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    16:20

    IS THERE POTENTIAL FOR BOND FINANCE IN THE NORDIC REGION?

    Steven Wirth, Executive Director, UBS Investment Bank

  • Key advantages of bonds
  • Key drivers for adopting bond financing
  • Structuring considerations
  • Is there a potential for bond finance in the Nordic region?
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    17:00

    PANEL DISCUSSION

  • Risk perception in the local markets
  • Imported structures and their limitations
  • Local issues ( currency risk, jurisdiction, contracts)
  • Depth of local capital markets
  • How Nordic is the Nordic market?
  • Jukka Luukkanen, Senior Loan Officer, EIB

    Paul David

    Paul David, Head of PFI/PPP & Transport, MBIA

    Gunnar Lundberg

    Gunnar Lundberg, Senior Vice President, Skanska BOT

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    17:30

    Chairman’s Closing Remarks and Close of Day One

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    8:30

    Re-registration and Coffee

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    9:00

    Chairman's Opening Remarks

    Erik Normann Warberg

    Erik Normann Warberg, Senior Adviser, FFI, Forsvarets Forskningsinstitutt

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    9:20

    INNOVATIVE WAYS TO MEET LITHUANIA’S ACCELERATING DEMAND FOR NEW INFRASTRUCTURE

    Giedrius Stasevicius

    Giedrius Stasevicius, Partner, Lideika, Petrauskas, Valiunas & Partners, Lithuania

  • Defining the PPP concept in Lithuania
  • The fundamentals covered in the new law
  • Initiating and extending the PPP concept to various sectors
  • Expected benefits from the new law in the increased use of private finance
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    9:50

    SUPPORTING THE IDEA OF PUBLIC PRIVATE PARTNERSHIPS IN LATVIA

    Andris Parups

    Andris Parups, Head of Concession Division, Ministry of Economics, Latvia

  • Fostering the application of PPPs in Latvia
  • The Financial rationale behind supporting PPP structures in Latvia
  • Practical enforcement of PPPs based on Governmental policy
  • Transforming problems into opportunities in the country
  • Upcoming projects and timeframes
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    10:30

    Morning Coffee

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    11:00

    PPP AND WELL FUNCTIONING PUBLIC MARKETS

    Carsten Smidt

    Carsten Smidt, Chief Adviser, Danish Competition Authority

  • Private involvement in the different public sectors
  • Instruments: PPP. Outsourcing and free choice
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    11:40

    CONNECTING SøNDERBORG TO THE E45

  • Project description and current status
  • Political processes and issues
  • Councils approach to OPP
  • Lessons learnt in Denmark
  • Project description and current status
  • Political processes and issues
  • Councils approach to OPP
  • Lessons learnt in Denmark
  • Jan Hetland Moller

    Jan Hetland Moller, Partner, Corporate Finance, Grant Thornton

    Tom Ahmt

    Tom Ahmt, Chief Financial Officer, Sønderjyllands Amt

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    12:20

    Networking Lunch

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    13:50

    NEW STRUCTURES AND ALTERNATIVE FORMS OF PPP

  • Case studies - Innovative PPPs
  • Appraising value for money in PPP/PFI in the UK
  • New challenges: living with long term PPP contracts in a changing world
  • Patricia Leahy

    Patricia Leahy, Director, Partnerships Area, National Audit Office

    Patricia Leahy

    Patricia Leahy, Director of PPP Studies, National Audit Office

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    14:30

    PREQUALIFICATION FOR THE NORRORTSLEDEN - THE NEW DBMO ROAD IN SWEDEN

  • New approaches in value for money when financing large infrastructure projects in Sweden
  • The design, build, maintenance and operation model
  • The rationale behind the 15 year extended period of maintenance and operation
  • Developing a PPP structure without the use of private money
  • Per-Olov Karlsson

    Per-Olov Karlsson, Project Manager, Region Stockholm, Vägverket Sweden

    Kjell Sundberg

    Kjell Sundberg, Managing Director, Arlandabanan

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    15:10

    ALTERNATIVE FINANCE IN THE NORWEGIAN DEFENCE INDUSTRY

    Erik Normann Warberg

    Erik Normann Warberg, Senior Adviser, FFI, Forsvarets Forskningsinstitutt

  • Our partnering concept
  • The legal framework
  • The tools needed
  • The fine line of failure
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    15:50

    Chairman's Closing Remarks followed by Afternoon Tea

    Workshops

    Grand Hotel

    Karl Johans Gate 31
    Oslo 0121
    Norway

    Grand Hotel

    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, SAE Media 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.

    CPD Certificates

    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@saemediagroup.com

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