Regional : Enhancing Public–Private Partnership Project Development through Support for ADB Transaction Advisory Services in Southeast Asia and the Pacific

Project Name

Enhancing Public–Private Partnership Project Development through Support for ADB Transaction Advisory Services in Southeast Asia and the Pacific

Project Number

49151-001

Country / Economy

• Regional

Project Status

Active

Project Type / Modality of Assistance

• Technical Assistance

Source of Funding / Amount

TA 8909-REG: Enhancing Public"Private Partnership Project Development Through Support for ADB Transaction Advisory Services in Southeast Asia and the Pacific

Source	Amount
Technical Assistance Special Fund	US$ 1.39 million

TA 8909-REG: Enhancing Public"Private Partnership Project Development through Support for ADB Transaction Advisory Services in Southeast Asia and the Pacific (Supplementary)

Source	Amount
Technical Assistance Special Fund	US$ 1.48 million

TA 8909-REG: Enhancing Public"Private Partnership Project Development through Support for ADB Transaction Advisory Services in Southeast Asia and the Pacific (2nd Supplementary)

Source	Amount
Technical Assistance Special Fund	US$ 220,000.00

TA 8909-REG: Enhancing Public"Private Partnership Project Development through Support for ADB Transaction Advisory Services in Southeast Asia and the Pacific (Supplementary)

Source	Amount
Technical Assistance Special Fund	US$ 1.50 million

TA 8909-REG: Enhancing Public"Private Partnership Project Development through Support for ADB Transaction Advisory Services in Southeast Asia and the Pacific (Supplementary)

Source	Amount
Technical Assistance Special Fund	US$ 410,000.00

Strategic Agendas

• Inclusive economic growth

Drivers of Change

• Private sector development

Sector / Subsector

• Multisector / ADB's corporate management, policy and strategy development

Gender

No gender elements

Description

The TA will support the transaction advisory process which is detailed in Appendix 4. This will both support project preparation and develop the capacity for future PPP implementation. The TA will complement other assistance provided by ADB to strengthen the legal, policy, and institutional framework for PPP.

The TA will provide technical, legal, financial, and negotiation support, and other specialist support (insurance, tax advice, translator, data room management, etc) for the TAS transactions to conduct diligence, prepare documentation (including concession agreement and other agreements), financial modeling, assist the timely completion of contract negotiations, and other activities as required by the TAS process. The outputs will focus on specific requirements that the clients must address to formulate bankable project agreements, and will provide the information needed by the client to remain well informed throughout the PPP negotiations and achieve a balanced result.

Project Rationale and Linkage to Country/Regional Strategy

Mid-Term Review of ADB's Strategy 2020 identifies PSD and private sector operations as drivers of change in Asia and the Pacific. Under Strategy 2020, ADB will expand its work with the private sector to generate greater economic growth in the region. PPP is seen as an important modality to achieve this objective, and Strategy 2020 emphasizes the promotion of PPPs in all of ADB's core operations.

In 2012, ADB Management approved the PPP Operational Plan, 20122020.1 The Plan provides guiding principles and an operational framework to identify and decide on the types and the sequencing of support to be undertaken. It includes public capacity development, strengthening investment environments, and developing and financing projects.

The proposed TA is also aligned with the Mid-Term Review of Strategy 2020 where private sector development and operations is among the 10 priorities identified that will determine ADB's strategic focus leading up to 2020. In the guidance provided in the Mid-Term Review of Strategy 2020, ADB will systematically expand assistance for private sector development and operations to 50% of annual operations by 2020. It will strengthen the business environments in developing countries to promote private investment. In addition to being a project financier, ADB will become a more active project developer. To support PPP projects, ADB will help build the necessary regulatory and institutional frameworks, support project development, and provide transaction advisory services. This TA will provide support towards PPP project development.

Impact

Increased number of bankable PPP projects

Project Outcome

Description of Outcome

Two tender processes for PPP transactions including contract negotiations completed

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

Technical studies, project agreements, legal support, financial analysis, financial models, negotiation support, and other supports as required by TAS mandates completed

Model PPP structures developed

Status of Implementation Progress (Outputs, Activities, and Issues)

Geographical Location

Regional

Summary of Environmental and Social Aspects

Environmental Aspects

Involuntary Resettlement

Indigenous Peoples

Stakeholder Communication, Participation, and Consultation

During Project Design

During Project Implementation

Business Opportunities

Consulting Services

ADB will engage the international and national consultants, as well as any resource persons, in accordance with its Guidelines on the Use of Consultants (2013, as amended from time to time). The TA proceeds will be disbursed in accordance with the Technical Assistance Disbursement Handbook (2010, as amended from time to time).

Contact

Responsible ADB Officer

Yew, Rachel

Responsible ADB Department

Office of Markets Development and Public-Private Partnership

Responsible ADB Division

Office of the Head, OMDP (OMOH)

Executing Agencies

Asian Development Bank

Timetable

Concept Clearance

24 Apr 2015

Fact Finding

16 Apr 2015 to 16 Apr 2015

MRM

-

Approval

23 Jun 2015

Last Review Mission

-

Last PDS Update

11 May 2015

Funding

TA 8909-REG