Africa Rail 2009 Workshop BOT - PPP Werner van Oudenhove 23 June 2009 Werner van Oudenhove Head of Infrastructure, Rand Merchant Bank
Introduction The PPP Framework Gautrain Structure Key Learnings & Ideas from Gautrain
The PPP Framework Multi-Sector issues … what’s in a name ? Asset versus Contract Regulatory Framework Useful Life of Asset / Tenor Sponsors Public and Private Sector Champions 25 years is a long time … ! Considerations for Third Party Investment and Debt Finance … 3
Gautrain Example 4
Key Learnings & Ideas from Gautrain Government and Contractor Equity Revenue Structure Operator Equity Interface Risk Complexity Lender and Third Party Investor viewpoint … 5