Presentation is loading. Please wait.

Presentation is loading. Please wait.

Creating Opportunity Where It’s Needed Most Proposed Public-Private Partnerships Almaty City Akimat 28 November 2011.

Similar presentations


Presentation on theme: "Creating Opportunity Where It’s Needed Most Proposed Public-Private Partnerships Almaty City Akimat 28 November 2011."— Presentation transcript:

1 Creating Opportunity Where It’s Needed Most Proposed Public-Private Partnerships Almaty City Akimat 28 November 2011

2 Executive Summary Parking concession can reduce traffic congestion and air pollution IFC can identify a private sector concessionaire using a competitive tender Concessionaire should:  Invest in on-street parking equipment  Collect parking fees and enforce parking rules  Pay share of revenues to the Akimat (actual share TBD) Akim’s approval is needed to mandate IFC and to request UNDP funding for transaction advisory fees.

3 Why a Concession? Circulating cars cause congestion Bus stops/pedestrian crossings blocked Parking on sidewalks Air pollution Parking fees unrelated to parking time Garages underutilized Lax enforcement of parking rules Limited revenue from parking Parking problems Solutions Charge drivers for parking Variable fee depending on time/location Increased parking turnover good for business City to fund public transit Parking revenue to help city fund public transit Private concessionaire incentivized to enforce parking rules

4 Success Story: City of London Discussion Congestion Zone: motorists pay $13.30 to enter the city center (see map) Parking: on-street parking can cost up to $10 per hour; garages very expensive Public Transport: public transport is a viable alternative to driving  Metro/Underground  Bus service  Commuter rail Results:  Public policy: substantial reduction in congestion, less pollution  Revenues: city collected $270 per registered vehicle in FY 2008 for on- street parking Source: Transport for London, 2011.

5 In-Vehicle meters Cellular parking Pay and Display Single Space Meters Attendant Parking Payment Methods

6 Summary of Parking Options TypeDescription Equipment Costs Operating Costs User Convenience PassDrivers buy and display a pass.Very lowMedium Single-Space MetersPrepay a mechanical or electronic meter located at each space. High Low to medium. Pay BoxPrepay into a box with a slot for each space. LowMediumLow Pay-And-Display Meters Prepay a meter, which prints a ticket displayed in their vehicle window. Medium In-Vehicle MeterPrepay to use a small electronic meter displayed in the vehicle when it is parked, that counts down minutes. MediumLowHigh Automated Access System Pay a machine when entering or leaving a parking space. HighModerate Automatic Vehicle Identification Electronic system records vehicles entering and leaving a parking area. HighMediumHigh

7 Scope of Services  Establish strategy  Obtain approvals  Evaluate bids  Signing of Project Contracts  Final negotiation  Equipment and signs installed  Parking services launched  On-going maintenance Phase 1 (Project Development) Phase 1 (Project Development) Phase 2 (Project Completion) Phase 2 (Project Completion)  Identify and select lawyers, engineers, and other advisers  Sponsor to raise loan or bond to finance project Contract Advisors Internal Due Diligence Mandate Letter Signed  Legal, financial, regulatory and technical due diligence  Take corrective actions  Contract signing  Payments  Official Handover Capital Raising Financial Close Select Winning Bidder Regulatory Framework  Prepare Project Contracts  Suggest amendments to regulation if necessary Launch Tender Process  Promotion  Data room open  Prequalification  Buy-side due diligence Construction Operation

8 Our Experience 8 Recent activity in the city parking and urban transport development Loan $60M loan to finance urban transport project Lagos, Nigeria World Bank Loan Urban transport program Changzhi, China World Bank Concession $365M loan to finance parking concession in Busan, South Korean World Bank Loan Urban transport program Shijiazhuang, China World Bank Concession Light Rail Project Amman, Jordan IFC Transaction Advisory Loan $100M loan to finance national urban transport program in Venezuela World Bank Loan $45M loan to finance mass transit system Guatemala City, Guatemala IFC Investment Division Loan $50m to finance urban transport project in Bogota, Colombia IFC Investment Division Concession Urban transport and parking program Thimphu, Bhutan IFC Transaction Advisory Concession $38M loan to finance parking concession in Budapest, Hungary World Bank Concession $70M loan to finance parking concession Beirut, Lebanon World Bank Greenfield PPP BOT for line expansion of rapid transit Manila, Philippines IFC Transaction Advisory


Download ppt "Creating Opportunity Where It’s Needed Most Proposed Public-Private Partnerships Almaty City Akimat 28 November 2011."

Similar presentations


Ads by Google