The inaugural
National Infrastructure Summit 2006
Delivering
& Financing Ireland's Public Infrastructure
May 16 & 17, IMI Conference
Centre, Sandyford Road, Dublin 16
The critical need for development
and investment in Ireland's infrastructure is well documented. Decades
of under-investment in the country's national infrastructure is
affecting us all. Sustained strategic investment is needed to correct
our infrastructure deficit and maintain our competitiveness as a
world-class economy. Action has to be taken to speed up major projects
which are essential to our competitiveness.
In a recent report, A&L; Goodbody Consulting stated
- "It is increasingly apparent that, unless the approach to the
appraisal, approval, project management, procurement and financing
of public capital projects is overhauled, the Irish economy may
never reach its true potential."
Steps in overhauling the process have included the
welcome decision by the government to extend the role of the National
Development Finance Agency to create a centre for excellence in
delivering major projects through public private partnerships (PPPs).
Another significant milestone in the process has been
the recently published Strategic Infrastructure Bill, which is designed
to accelerate key spending programmes without undermining the rights
of objectors.
The inaugural National Infrastructure Summit
will examine these and other key issues facing government and the
private sector in the delivery of efficient and reliable infrastructure
services. The main sponsor of the inaugural summit is Project Management
Group.
CONFERENCE SUMMARY
The issues that matter most to policy and decision-makers
will be discussed and debated -
- Our infrastructure deficit and the impact on the Irish economy
- What are our future investment needs?
- Delivering public infrastructure efficiently and effectively
- Managing the delivery of major capital investment projects
- How do cost overruns happen in major infrastructure projects
and can we avoid them?
- Public Infrastructure and private sector projects - myths and
realities
- Debate on the PPP model : is it time for a review of the PPP
process in Ireland?
- Lessons from the British PPP experience
- Critical legal issues in infrastructure procurement
- National and international case studies on major project delivery
and project financing.
WHO SHOULD ATTEND?
The summit has been researched and designed for decision-makers
in the planning, delivery and financing of public infrastructure,
such as -
- Planners and strategists
- Policy and decision-makers
- Chief executives and managing directors
- Finance directors
- Project developers
- Economists and investment analysts
- Bankers and financiers
- Public sector managers
- Private sector contractors and service providers
- Financial and legal advisers
- Regulatory bodies
- Elected representatives.
PROGRAMME
DAY 1 - Tuesday
May 16
8.00 Coffee and registration
8.45 Chairman's opening
address
Pat McGrath, Managing Director, Project
Management Group
INFRASTRUCTURE INVESTMENT
NEEDS
9.00
OPENING ADDRESS
- What are the on-going investment needs of the country?
Dr Sean Barrett, Senior Lecturer in Economic,
Trinty College Dublin
- What are our infrastructure needs?
- Infrastructure pricing, efficiency in construction and operation
- Infrastructure and competitiveness
- Infrastructure and the next National Development Plan
9.35 Talking investment
Ulck McEvaddy, CEO, Omega Air
Ulick McEvaddy, the well-known businessman and campaigner to build
a second terminal at Dublin Airport, gives his unique perspective
on our infrastructure needs.
DELIVERY OF INFRASTRUCTURE
10.05 Delivering public infrastructure
efficiently and effectively
David Gavaghan, Chief Executive, Strategic
Investment Board (SIB), Northern Ireland
- The work of the Strategic Investment Board
- Key infrastructure projects
- Challenges ahead
10.35 Managing the delivery of a major
infrastructure project
Jerry Grant, Managing Director, RPS Consultng
Engineers
- Scoping & assessment, including initial output specification
and public sector benchmarking
- Planning and statutory processes
- Managing procurement & finalising contracts
- Risk management through the delivery stages
11.05 Morning break and exhibition viewing
11.35 Case Study - Development of waste-to-energy
infrastructure in Ireland: the Meath Waste-to-Energy Plant
John Ahern, Managing Director, Indaver Ireland,
a member of Confederation of European Waste-to-Energy Plant (CEWEP)
The National Spatial Strategy identified waste management as a
particularly pressing priority if improving quality of life and
sustainable development goals are to be achieved. In this presentation,
John Ahern explains the significant developments in waste management
in the north-east region.
- Waste policy & regional waste management plans in the north-east
- Impediments to the development of the Meath waste-to-energy
plant - timelines
- Non-adherence to waste plans
12.05 INTERNATIONAL
KEYNOTE ADDRESS - Overdue and over
budget, over and over again
Bent Flyvberg PhD, Professor of Planning,
Aalborg Univerity, Denmark
Megaprojects are very large investment projects. 'Mega' also implies
the size of the task involved in developing, planning and managing
projects of this magnitude. The risks are substantial. Huge cost
overruns are common, and substantial benefit shortfalls trouble
many megaprojects. Cost overruns, combined with benefit shortfalls,
mean big trouble. But a paradox exists - more and bigger megaprojects
are being planned and built despite their poor performance records
in terms of cost and benefits. In his presentation, Professor Flyvbjerg
identifies this paradox and examines its causes and possible cures.
12.45 Lunch
2.15 Welcome back from Afternoon Chair
Peter Brennan, Managing Director, A&L; Goodbody
Consulting
2.20 MINISTERIAL
ADDRESS
Martin Cullen, Minster for Tranport
DELIVERY OF INFRASTRUCTURE
2.45 Public infrastructure and private
sector development: myths & realities
Colm Moran, Director of Infrastructure, Project
Management Group
Drawing on experience in public sector and private sector projects
in Ireland and internationally, Colm Moran of PM Group will examine:
- Common trends
- The differences and similarities between the sectors
- The lessons each can learn from the other
3.20 The role of government in creating
supportive policy and regulation
Cormac Rabbitte, Transportation Consultant
Drawing on examples from home and abroad on creative and supportive
government approaches to infrastructure development proves that
Ireland can develop innovative projects when there is a will to
do so.
3.45 Afternoon break
4.15 LOCKNOTE
ADDRESS - International Case Study
- Ahead of schedule & under budget: Saudi-Aramco Haradh Gas Pipeline
Salem H Shaheen, President and Chief Executive,
Petrolube Saudi Arabia
Winner of the 2004 Project Management Institute Project of the
Year, the three-year project to build a €2 billion gas terminal
deep in the desert and 10 kilometres from the nearest road was completed
six months ahead of schedule and 27 per cent under budget.
5.00 Chairman's closing remarks
5.10 Drinks Reception to 6pm
DAY 2 -
Wednesday May 17
9.00 Welcome from the Morning Chair
9.05 MINISTERIAL
ADDRESS
Brian Cowen, Minister for Finance
9.30 Our infrastructure deficit - the
impact on Irish business
Gina Quin, Chief Executive Dublin Chamber
of Commerce
- What is the economic impact of our infrastructure deficit?
- Transport 21 and the Dublin Transport Authority
- Critical Infrastructure Bill & PPPs
- A vision for Dublin 2020
FINANCING OUR INFRASTRUCTURE NEEDS
10.00 The PPP Model: is it time for a
review of the PPP process?
Reg McCabe, PPP Director, IBEC
Dr Eoin Reeves, Department of Economic, University of Limerick
The PPP framework has provided a way for government to engage the
private sector's expertise and finance. It is envisaged that the
private sector will play a growing role in funding, building and
operating infrastructure services. However, the planned expansion
of the PPP programme is taking place in the context of little debate
or detailed evaluation of PPP projects that have already been delivered.
Each speaker will speak for 15 minutes. This will be followed by
an open forum debate with delegates encouraged to participate.
10.45 Morning break and exhibition viewing
11.15 The evolving role of the National
Development Finance Agency (NDFA) in infrastructure projects
Anne Counihan, Chief Executive, National Development
Finance Agency
- The role of the NDFA
- The NDFA's experience of PPPs to date
- The Centre of Expertise
- Pushing ahead with Irish PPPs
MORNING KEYNOTE ADDRESS
- Lessons from the British experience of PPPs
Anthony Bicknel, Partner, Kington Capital
LLP, UK
Since the early 1990s, Britain has pioneered many of the PPP structural
techniques which have influenced the development of the broader
PPP market elsewhere. While the British experience does not provide
a template for Irish PPPs, British practitioners have gained useful
experience of what works and what doesn't, which may be helpful
in the ongoing development and funding of Irish infrastructure.
12.30 Lunch
1.45 Welcome back from Afternoon Chair
CASE STUDIES
1.50 AFTERNOON
KEYNOTE ADDRESS - International
Case Study: Good news stories for PFI in the British health service
Mike Davis, Director, Catalyst Lend
Lease UK
The Central Manchester and Manchester Children's Hospitals development,
the new Hospital for Romford and the new Queen Mary's in Roehampton
are PFI landmarks. With innovative designs that will help deliver
NHS reforms and high quality patient environments, each project
faced complex challenges during procurement and delivery. They are
striking examples of public private partnership where collaboration,
flexibility and innovation overcame substantial hurdles against
the odds.
2.30 Case Study - Kinnegad-Kilcock PPP
project
Finn Lyden BE, CEng, FIEI, FCA, Managing
Director, SIAC Constructon
This case study highlights the benefits of private sector involvement
in addressing Ireland's infrastructure deficit through PPPs. Voted
by Project Finance magazine as European Infrastructure Deal of the
Year for 2003, the motorway recently opened ten months ahead of
schedule and within budget.
3.00 Afternoon break and exhibition viewing
3.30 Case study: National Maritime College,
Cork
Iain Saley, Director, Bovis Lend Lease
(Ireland)
The National Maritime College, which opened in October 2004, is
the first third level college to be built under the government's
PPP scheme. It's a state-of-the-art college and one of the most
sophisticated centres for maritime education in Europe.
4.00 Critical legal issues in education,
health and justice PPPs
Ted Williams, Partner, Constructon & Projects,
Arthur Cox
- Standardisation of project documents
- Optimal risk allocation/Full pass down
- Independent certifier
- Completion and testing
- Payment mechanisms
- Termination and compensation on termination
4.30 LOCKNOTE
ADDRESS - Dublin Metro: Easy, safe
and fast to build
Manuel J Melis, Professor of Railways,
Universidad Poltécnica de Madrid, Professor of Soil Mechanics, Univeridad
de Coruña, and President, Metro de Madrid, Spain
If there's one name on the lips of every metro advocate in Dublin,
it is Professor Manuel J Melis, the President of Metro de Madrid.
Consulted by the Irish government in 2003, Professor Melis believes
Dublin can have a metro built in a fraction of the time and cost
that was being proposed. Madrid shows that a metro system can be
built quickly at a reasonable cost, but can it be done here?
5.10 Chairman's closing remarks
SPONSOR PROFILES
Project Management Group (PM) is Ireland's largest full-service
engineering and project management firm. Established in 1973, PM's
team of 1,400 people provides professional services in project and
construction management, architectural and engineering design and
technical consultancy to clients in Ireland and overseas.
PM's clients come from the bio-pharma, medical and
advanced technologies, food and infrastructure sectors. Multinational
clients include Abbott, Pfizer, Centocor, Janssen, Glaxo Smithkline,
Novartis, Elan, Boston Scientific, Genzyme, Intel, Xerox and IBM.
In the public sector, PM has carried out work for Dublin Airport,
Dublin Bus, NUIG, UCC, Cork City Council, Office of Public Works,
Bord Gais and the Department of Education among others.
PM has grown steadily with its client base. Since
1995, the company has doubled in size and increased fee income to
over €100 million in 2004.
PM's overseas activity represents 15 per cent of turnover
and it is continuing to grow this market. A recent winner in the
Emerging Markets category of the Irish Exporters Association Awards,
PM has worked in most central and eastern European countries and
in a number of other global locations in recent years. In addition
to its bases in Dublin and Cork, PM has significant offices in Britain
and Poland, where it has developed strong multinational client bases.
In eastern Europe, PM is currently supervising infrastructure projects
valued in excess of €250 million and another €200 million of industrial
projects across Europe. The company is also continuing to develop
its business in Ireland.
Involvement in projects such as the redevelopment
of the Lansdowne Road stadium and the Centocor Biomedicines Campus
underlines the level of project management expertise the company
has developed.
RPS Consulting Engineers is Ireland's largest civil, structural
and environmental engineering consultancy, with over 500 professional
and technical staff. The company was formed in 2005 by the merger
of two recently acquired RPS subsidiaries - RPS-MCOS (formerly MC
O'Sullivan & Co), a leading provider of engineering and environmental
management consultancy services throughout the Republic of Ireland
with a market-leading position in strategic planning and project
delivery in transportation, water services, waste management, utilities
and general engineering. RPS Kirk McClure Morton (formerly Kirk
McClure Morton & Partners), the leading Northern Ireland-based engineering
and environmental consultancy engaged in all aspects of engineering
consultancy in Northern Ireland. They have played a pioneering role
in coastal/marine engineering, modelling and environmental studies,
river engineering and river catchment management (RBD Studies) throughout
the island of Ireland.
RPS Consulting Engineers now offers a fully integrated
consultancy service on an all-island basis from offices in Dublin,
Belfast, Cork and Galway, with support offices in Carlow, Limerick
and Letterkenny. The newly integrated business is committed to the
highest standards of professional services, consistent with the
reputations of its predecessor companies.
EXHIBITION OPPORTUNITIES
Raise your profile, network with decision-makers
attending this event and generate new business leads by exhibiting
at the National Infrastructure Summit.
For details call Marion Wallace on 087- 2461662 or
email [email protected]
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