Investor Presentaiton
Escalating the (Case Study) project:
1st PPP Project under
Indonesia PPP regulation Year
2005
National priority infrastructure
project since 2006
PPP Project Finance Deal of
the Year 2012
1st PPP Project receiving IIGF
guarantee
1st big Project utilizing the new
Land Law with Government
responsible for land acquisition
Forced to get the attention from
multi Government stakeholders
up until the President
Approach to be replicated:
Guarantee and Financing documentation process
MoF
& +
IIGF
A&O,
LGS
Draft
GA
Comments'
/Feedback
on Draft
GA
IFC,
Draft
PLN +
NR,
PPA
K&M
Comments/
1-on-1
Meetings
Feedback
on Draft
PPA
Potential
Bidders
Lenders,
Fin Adv,
Legal Adv
IIGF
PT Penjaminan Infrastruktur Indonesia (Persero)
Indonesia Infrastructure Guarantee Fund
People First is also about the Management
Team that made it happen:
National Program
Level
•No Perfect PPP - start with 'quick wins', high impact
• Get the 'Right' Risk Allocation - land acquisition
•
•
•
•
Public sector team:
CMEA; Bappenas
Fiscal support provision - and its integration to PPP process
Constructive regulatory and legal support - may assist on dispute cases
Affected people early involvement - public consultation and communication
SDG impacts assessment - to be communicated & monitored
Multi stakeholders engagement - commitment to the higher purpose of the
Project
(the PPP
facilitator)
IFC; NR; K&M
(the PLN
advisor)
MoF + IIGF
(the PPP
guarantor)
PT PLN
(the state
utility)
Governor:
Regent;
Public
BPN
(the Project
'host')
(Land
regulator &
authority)
Sectoral /
Project Level
•
•
•
Commitment of PLN as the CA - may require strategic approval/decision
Negotiation prior to bid submission - including the guarantee coverage
Strong project documentation
Private sector team:
•
•
Competitive, transparent process and integer, capable procurement team
Credible project preparation and transaction support - multilateral may be
involved for pilot project
JP; Itochu;
Adaro
(the Investors)
JBIC; Banks
(the Lenders)
• Positive cooperation of private participants - sponsors, (potential)
financiers early involvement during transaction process
Engineers; Analyst:
Lawyers;
(the Advisor)
PT Penjaminan Infrastruktur Indonesia (Persero)
IIGF Indonesia Infrastructure Guarantee FundView entire presentation