A panel discussion among experts on when sovereign guarantees must be given for PPP projects, what the considerations are for issuing these, i.e. assessing risks to the Government vis-a-vis benefits/value that Government could derive from the project given lower financing costs, how sovereign wraps enhance bankability of a project, thereby providing private sector with more financing sources/options, and an assessment of whether sovereign risk guarantees could be used as a tool to encourage foreign participation in financing of PPP projects.
Lead Member:
Valery Tubbax
Head of Power & Infrastructure Advisory
Investment Banking Asia
Sumitomo Mitsui Banking Corporation (Singapore)
Panel of Experts:
Hon. Roberto Tan
Treasurer
Bureau of Treasury
Department of Finance
Hon. Ma. Teresa S. Habitan
Assistant Secretary
Domestic Finance Group and Legislative Liaison
Department of Finance
Jose Gabino L. Dimayuga
Senior Vice President Head,
Corporate Finance Group
Development Bank of the Philippines
Boo Hock Khoo
Vice President Operations
Credit Guarantee & Investment Facility
Moderator:
Vaughn Montes
Risk Management Expert,
Asian Development Bank
