PMCCI and ADB to launch multi-donor trust fund

The Port Moresby Chamber of Commerce and Industry in collaboration with the Asian Development Bank will be launching a multi-donor trust fund on March 8 in Port Moresby.

The launch of the ADB’s Asia Pacific Project Preparation Facility (AP3F) managed by the Asian Development Bank to prepare, structure and place bankable public–private partnership (PPP) projects in the market.  

AP3F’s primary objective is to accelerate infrastructure development by providing  project preparation support to governments, including due diligence and advisory work.  

The facility can also provide capacity and policy development support, as well as monitoring and restructuring work for existing projects.

The AP3f Project will be launched during a corporate breakfast on Tuesday March 8 at the Royal Papua Yacht Club. PMCCI members are charged K90 each, while guests and visitors will pay K100 each for the breakfast.

Pacific Project Preparation experts from ADB Headquarters Manila will provide an overview of the facility and how it can help you in achieving infrastructure development agenda.

The three presenters for the 8am – 10am breakfast include Takeo Koike, Pratish Halady and Ali Malik.

Takeo Koike is the Director, Office of Public – Private Partnership, at Asian Development Bank (ADB). He has over 20 years of experience in the area of private sector infrastructure finance and public–private partnerships (PPPs) across Asia and the Pacific.

Koike joined ADB in 2002 and currently manages ADB’s transaction advisory services for PPP projects as well as PPP coordination and operations functions including the operation of multi-donor Asia Pacific Project Preparation Facility (AP3F). As technical advisor, he also leads ADB’s thematic group for PPP to provide strategic operational

support and knowledge management activities in relation to PPPs.

Koike spent more than 12 years in ADB’s Private Sector Operations Department where he covered private sector infrastructure finance operations in South Asia, Central Asia and South Caucasus. He successfully structured and executed a number of complex limited recourse project financings for infrastructure projects, and also raised corporate financings for utilities.

Prior to joining ADB, Koike worked for the Export-Import Bank of Japan (currently, Japan Bank for International Cooperation) covering private sector power projects in Pakistan. He also worked as Section Chief in International Bureau of the Ministry of Finance, Japan, and was in charge of formulating and coordinating on policies and strategies related to tackling Asian Financial Crisis and promoting private sector participation in infrastructure in developing counties.

Koike holds a Master's degree in Business Administration from the Wharton School, University of Pennsylvania, USA; a Master's degree in Economics from London School of Economics and Political Science, UK; and a Bachelor's degree in Economics from the University of Tokyo, Japan.

Pratish Halady is a Public – Private Partnership Specialist who brings more than 10 years of experience in investment banking, management consulting, and operations in the infrastructure and communications sectors. His most recent experience has been with ADB where he conducted risk and bankability analyses for project finance transactions across Asia and led restructurings and workouts of ADB’s own infrastructure loans.

Prior to ADB, he was a Manager with Macquarie Capital in New York where he advised clients on a wide variety of transactions including PPP, debt and equity financing, M&A, and restructuring. Halady obtained his MBA from the Wharton School, University of Pennsylvania, USA and his MS and BS from Carnegie Mellon University, USA.     

Ali Malik is the AP3F Assistant Coordinator who joined ADB’s AP3F team from the Infrastructure Project Development Facility (IPDF) of the federal Public Private Partnership (PPP) Unit of Pakistan. At IPDF, Malik was responsible for origination and execution of infrastructure transactions through mobilising private sector financing; he structured and executed over $1 billion worth of PPP transactions in transport sector including $470 million Build, Operate and Transfer (BOT) concession for a toll road. 

Prior to joining IPDF, Malik interned with HSBC in their FIG M&A team in London and with Morgan Stanley Investment Management in New York. He is currently pursuing an MBA from The University of Chicago Booth School of Business.

Author: 
Staff Reporter