This conference was held from January 21 - 22, 2020

Agenda

Critical themes covered in the agenda include:

Caribbean across the finish line? Across islands and technologies, we’re seeing a big uptick in the financing and construction of world-class projects. Where are the success stories and what’s next?
The brave new world of the Caribbean utility. Grappling with decentralized grids, resilience, the role of regulators, the new energy mix – and new paths to profitability
Which islands are leading the charge for increased grid resiliency, and how? What are the solutions, who are the innovators, and who are the funders?
Caribbean leaders. The region’s most prominent government figures share perspectives on the critical need for investment in infrastructure
A deepening of financing options for Caribbean infrastructure assets. Sources of new capital and factors driving this expansion
As several port concessions are made available, what trends are driving the market and where are the opportunities for investment? A survey of cruise and container concessions and the players looking to invest in regional ports
Energy efficiency: redefining energy consumption across the region. Resources, strategies and case studies of energy efficiency success stories across sectors
Are airport PPPs taking off? Assessing the pipeline for airport development post-Norman Manley
Developing robust energy matrices. What does energy provision look like long-term across the region? How can LNG and renewables be developed in complement not conflict?
PPP mechanics for the Caribbean. Improving processes and expanding the use of PPPs in the region

Tuesday

January 21

7:15-8:30

Jamaica Infrastructure Investment Workshop

Private Breakfast, by Invitation only, hosted by JAMPRO & Development Bank of Jamaica (DBJ)

8:00-8:45

Registration & Coffee

8:45-8:55

Welcome Remarks

Colette Delaney

CIBC FirstCaribbean
Chief Executive Officer

8:55-9:00

Master of Ceremonies Welcome

Sarah Cumming

CIBC FirstCaribbean
Associate Director, Investment Banking Division

9:00-9:45

Caribbean Leaders’ Panel: Growth, Innovation, Sustainability

How are islands progressing towards the UN’s sustainability goals in terms of infrastructure, clean water, good health, economic growth and affordable energy
What projects feature in the long-term development plan? How will these be financed and what are the expected impacts?
How is sustainability being considered within the context of the project pipeline and what steps are being taken to prioritize its inclusion?
What solutions are being employed to decrease debt burdens?

Hon. Joseph Hew

Cayman Islands Government
Minister of Commerce, Planning and Infrastructure, Sixth Elected Member for George Town North
The Most Honourable Andrew Michael Holness ON, MP

Jamaica
Prime Minister of Jamaica

Stephen Beatty

KPMG Canada
Global Chairman - Infrastructure, Chairman - Global Cities Center of Excellence Moderator

9:45-11:00

A Deepening of Financing for Caribbean Infrastructure

New sources of funding are coming online for Caribbean infrastructure transactions.

How can the Caribbean infrastructure sector become more
attractive to private equity and pension funds, given the
relaxation of investment rules in some territories like Jamaica?
To what degree is the risk appetite for Caribbean infrastructure assets increasing for investors and commercial banks?
What is the uptake of sustainable financing in the region and how can it help to limit risk to investors? What resources are available to help incorporate sustainability into investments?
How can multilaterals help to mobilize private capital for
infrastructure and energy projects in the Caribbean?
How can PPP structures be applied outside of traditional
infrastructure projects, for example major capital
acquisitions? How attractive are these opportunities
to investors?

Daniel Best

Caribbean Development Bank
Director, Projects Department
Adam Carter

CIBC FirstCaribbean International Bank
Managing Director, Head - Investment Banking
Herbert Hall

NCB Capital Markets
Vice President - Investment Banking
Dan Theoc

Mayberry Investments Limited
Senior Vice President - Energy and Infrastructure Projects
Miguel Toledo

IFC
Chief Investment Officer, Latin America Infrastructure and Natural Resources Group
Therese Turner-Jones

IDB (Inter-American Development Bank)
General Manager, CCB

Jon Whiteaker

IJGlobal
Editor Moderator

11:00-11:45

Morning Refreshments & Networking

11:45-12:30

Island Healthcare: Improving Quality of Care, Reducing Risk

For most islands, the high cost of providing healthcare combined with aging populations are making it difficult to meet current obligations — much less introduce universal healthcare.

A look at new models for clinical services which are improving quality and making hospitals more efficient
Achieving the universal healthcare goal: a case study from The Bahamas
Introducing new models of paying for healthcare which
promote better health outcomes.

Ravi Kishore Amancharla MD, FACC

Health City Cayman Islands
Senior Consultant Cardiologist and Electrophysiologist
Dr. Lindberg Simpson

Consultant General, Advanced Laparoscopic and Bariatric Surgeon, Head - Surgery Department
Graham Whitmarsh

National Health Insurance Authority, Bahamas
Chief Executive Officer

Shripal Doshi

KPMG Canada
Senior Manager Moderator

12:30-1:30

Developing Robust Energy Matrices: What Does Energy Provision Look Like Long-Term Across the Region?

LNG: Enabler of a clean energy transition?Or comfortable compromise? Could the increasing natural gas energy provision slow the uptake of renewables in the Caribbean Is diversification really the best option?
Exploring experiences of simultaneous gas and renewables developments, such as in Jamaica and Barbados. How is this dynamic playing out in terms of economics and climate goals?
What is driving policy for renewable energy and how is this playing out in terms of economics?
What does the ‘roadmap’ for achieving ambitious renewable energy targets look like and how will it be facilitated?
With significant advances in battery solutions, can utilities look to renewables for increasing reliant power
Across the energy space, where are the most attractive opportunities for investment?

Sam Abdalla

New Fortress Energy
Head of Distributed Generation Projects
David Roger Delaire

MPC Renewable Energies
Managing Director
Emanuel DaRosa

Jamaica Public Service Company
President & CEO
Sean Lalani

Eagle LNG Partners
President
Bruce Levy

BMR Energy
CEO
Dr. Vernon Paltoo

National Energy Corporation of Trinidad and Tobago Limited
President

Diane Edwards

JAMPRO
President Moderator

1:30-2:30

Lunch

2:30-3:15

Island Jurisdictions: How to Promote Greater Resilience in the Face of Climate Change

Two years after the hurricane, how is BVI rebuilding the country?
What is the Bahama’s strategy for rebuilding and how can it be supported?
Alternative insurance vehicles such as CAT bonds and insurance linked securities increasing access to coverage for islands
The relationship between insurance penetration and recovery Are islands prepared for the next significant storm? The business case for resilient building.

Christiaan Gischler

INTER-AMERICAN DEVELOPMENT BANK
Co-Head, Latin American & Caribbean Extractives Group
Andrea Popescu

European Investment Bank
Investment Officer, Operations in Latin America and Caribbean
Honourable Kye Rymer

Government of the Virgin Islands
Minister for Transportation, Works and Utilities
Leena Wokeck

FutureWays | Caribbean NDC Finance Initiative (NDCFI)
Principal | Adviser

Gillian Charles-Gollop

CIBC FirstCaribbean Corporate and Investment Banking
Executive Director, Corporate Investment Banking & Advisory Moderator

3:15-3:30

E-Mobility Part I: How Technology is Changing How We Use Transportation

KPMG Presentation

Planning transportation is no longer about tracking routes; it’s all about understanding the traveler. Presentation of how the public sector is integrating private e-mobility trends to improve transportation.

Jamie Cameron

KPMG Canada
Senior Manager

3:30-4:15

E-Mobility Part II: Driving Progress: Modernizing Transportation Infrastructure Across the Caribbean

How are islands adapting to ‘uber’ style transportation and ride sharing? Will new methods of transportation reduce reliance on governments to fund public transportation?
Using advanced modelling techniques to decongest island roads
Jurisdictions are competing to be the first to have all electric vehicles and autonomous cars. Can islands leap frog ahead?
Detailing the infrastructure required to support electric cars, buses, boats, etc. How can these be designed and financed?
Strategies for implementing electric transport: How are utilities participating? What opportunities are available for private sector participation? How can automakers participate?
Using mobile technology to map transport needs or create on-demand public transport services

Gregg Anderson

Utility Regulation and Competition Office of the Cayman Islands
Executive Director
Ricardo Case

Jamaica Public Service Company Ltd. (JPS)
Director, Engineering Services
Xavier Gordon

Xergy Energy
President
Sacha Tibbetts

Caribbean Utilities Company, Ltd.
VP Customer Services & Technology, Executive
Dr. Malaika Masson

Inter-American Development Bank
Senior Regional Energy Specialist

Jamie Cameron

KPMG Canada
Senior Manager Moderator

4:15-4:45

Afternoon Refreshments

4:45-5:30

Port Concessions: Are Partnerships Maximizing Value for Islands?

With cruise lines and professional port operators showing increasing interest in these assets, how will their participation in the market play out?
How are port authorities and concessionaires looking to add value, for example with bunkering and additional logistical services, in an effort to increase their competitiveness?
Are shipping and cruise lines looking to expand their roles in the supply chain? How can these shifts be directed to the benefit of island infrastructure and economies
Sustainability at center stage: highlighting concerns relating to environmental impact and debating solutions for developing sustainable ports

Brian Blakely

IDB Invest
Lead Investment Officer, Infrastructure
Jan Fomferra

Global Ports Holding PLC
Head of Corporate Finance
Keisha Holness-Feanny

Port Authority of Jamaica
Assistant Vice President – Corporate Planning
Laurie Mahon

CIBC Capital Markets | CIBC World Markets Corp
Vice Chair, U.S. Investment Banking, Managing Director and Co-Head, Global Infrastructure & Power, Global Investment Banking

Isabel de Caires

CIBC FirstCaribbean
Director, Investment Banking Moderator

5:30-6:30

Are Airport PPPs Taking Off? Exploring the Appetite for Airport Development, Post-Norman Manley

With several islands considering airport PPPs, what are their hesitations and concerns?
Update: Barbados, BVI, Turks and Caicos, Bermuda airports
What incentives are available for investors?
What lessons can be taken from previous Caribbean airport experiences?
Air to seaport connections and logistics: infrastructure to maximize tourist experience

Aaron Adderley

Bermuda Skyport Corporation Limited
President
Audley Deidrick

Airports Authority of Jamaica
President and CEO
Dr. Rafael Echevarne

MBJ Airports Limited
CEO
Michelle Ottey

International Finance Corporation
Senior Investment Officer
Fernando Vistrain Lorence

PAC Kingston Airport Limited
CEO

David Pratt

LeighFisher
Vice President Moderator

6:30-8:00

Chairperson’s Closing Statements and Cocktail Reception

Wednesday

January 22

8:30-8:55

Morning Refreshments

8:45-9:00

Chairperson Welcome

KPMG

Raymond Campbell

KPMG in Jamaica
Advisory Partner

9:00-9:15

Tourism and Sustainability: Caribbean Economic Growth, International Investment and Sustainability

– Projections for tourism sector growth: How are hotels and tourism operations focusing their development strategies?

– What infrastructure would they like to see in support of the sector?

– Carrying capacity and environmental impact of tourism infrastructure: are we planning carefully enough to ensure sustainability? When will the phenomenon of “over-tourism” reach the Caribbean?

– Can the Caribbean get a better deal from cruise shipping companies on infrastructure development and economic integration?

Craig Barham

Ministry of Tourism
Senior Director, Planning and Evaluation

9:15-10:00

Is Data the New Gold Rush?

Increasingly governments, public sector entities and
hospitals are being approached by technology companies
who want to buy their data. At the same time, island nations must ensure data privacy, prevent cyber-attacks and adhere with common report standards and beneficial ownership.

How are island governments rising to meet the data
challenges of the twenty-first century?
Can island jurisdictions capitalize on their data and should they?
Can technology open up infrastructure investment to everyday citizens?
Infratech: Combining data & software platforms to provide new insights for the infrastructure sector, with applications at development, construction, and operational stages

Grace A. Lindo

Nunes, Scholefield, DeLeon & Co
Partner
Maurice McNaughton

The University of the West Indies at Mona, Jamaica
Director, Centre of Excellence & Innovation

Stephen Beatty

KPMG Canada
Global Chairman - Infrastructure, Chairman - Global Cities Center of Excellence Moderator

10:00-10:45

Walking the Walk: Promoting the Adoption of Sustainable Energy to Power Island Governments

Governments are typically one of the largest consumers of electricity. Jurisdictions are saving taxpayer money by deploying sustainable strategies in operating buildings and public transportation.

How are governments championing the adoption of
renewable and sustainable energy?
How are they making inroads in reducing their own
carbon footprint and saving taxpayer dollars?
Trends in the use of LED street lights, solar paneling on schools and government buildings
New sources of finance to cover the cost of investing
in sustainable energy, e.g., renewable energy
manufacturers, IPAs, and P3 structures
How is the private sector demonstrating commitment to sustainability? What solutions can be drawn from their experiences, and cooperation?

Hon. Joseph Hew

Cayman Islands Government
Minister of Commerce, Planning and Infrastructure, Sixth Elected Member for George Town North
Amb. Dr. Neil Parsan

CARIBBEAN CLIMATE-SMART ACCELERATOR
Public Sector Lead

10:45-11:15

Morning Refreshments

11:15-12:00

Water and Wastewater Treatment: Solutions for Resilient, Efficient Water Systems

With non-revenue water continuing to be a major concern for many islands, what are the best solutions to upgrade infrastructure and technology?
Climate change challenges, including droughts and hurricanes. How can water systems best include resiliency measures to manage these extreme events, for example via improved water storage, water recycling and multi-source systems?
Are governments open to using PPP models in order to reduce the fiscal restraints holding back improvements?
Improving the affordability of providing reliable clean water supply
Pointing to regional water and wastewater utility success stories and implementation strategies
Dealing with solid waste while protecting the Blue Economy

Mark Barnett

National Water Commission Jamaica
President
Timothee Delebarre

Vinci Construction
Country Manager
Brad Johnson

Resource Mobilization Advisors
President
John Sachs

Castalia Advisors
Practice Leader

Raymond Campbell

KPMG in Jamaica
Advisory Partner Moderator

12:00-12:45

Are the Costs of a PPP Really Worth it?

Breaking down the costs and benefits of PPPs
As PPP frameworks become more sophisticated across the region, and more experience in successfully engaging PPP models is accrued, what is best practice for structures and implementation?
Key steps for implementing effective mechanics for PPPs within governments
How are island governments updating their frameworks to increase efficiency and maximize appeal to potential partners?
What features of resiliency and climate change guidelines should be featured in PPP contracts?

Luc Allary

Canadian Commercial Corporation
Director, Business Development & Sales, Central America and Caribbean
David Alvarez

CPM North America PLLC
Vice President for Strategic and PPP Advisory
Nicola Russell

Development Bank of Jamaica Limited
Manager, PPP & Privatisation Division
S. Brian Samuel

Caribbean Development Bank
Head, Public-Private Partnerships
Martin Zablocki

Gowlings WLG
Partner

Simon Townend

KPMG in The Bahamas
Head of Advisory, KPMG Islands Group Partner Moderator

12:45-1:30

Business Process Outsourcing: Transforming Caribbean Economies

What are the main challenges to further developing the BPO sector in Jamaica and across the Caribbean? How are they being addressed?
Assessing the facilities, educational structures and associated infrastructure services needed to support this growing sector. How can they be financed?
What funding is available to support expansion of the BPO industry?
Will we see the BPO success in Jamaica replicated in other Caribbean counties?

Doug Almond

Sutherland
Vice President – Country Head, Jamaica
Anand Biradar

Hinduja Global Solutions
Sr. VP and Country Head – Jamaica
Dr. Eric Deans

Jamaica Special Economic Zone Authority
CEO
Gloria Henry

Business Process Industry Association of Jamaica
President

Monique French

CIBC FirstCaribbean International Bank
Chief Credit Officer Moderator

1:30-2:30

Agenda

Jamaica Infrastructure Investment Workshop

Private Breakfast, by Invitation only, hosted by JAMPRO & Development Bank of Jamaica (DBJ)

Registration & Coffee

Welcome Remarks

Master of Ceremonies Welcome

Caribbean Leaders’ Panel: Growth, Innovation, Sustainability

A Deepening of Financing for Caribbean Infrastructure

Morning Refreshments & Networking

Island Healthcare: Improving Quality of Care, Reducing Risk

Developing Robust Energy Matrices: What Does Energy Provision Look Like Long-Term Across the Region?

Lunch

Island Jurisdictions: How to Promote Greater Resilience in the Face of Climate Change

E-Mobility Part I: How Technology is Changing How We Use Transportation

KPMG Presentation

E-Mobility Part II: Driving Progress: Modernizing Transportation Infrastructure Across the Caribbean

Afternoon Refreshments

Port Concessions: Are Partnerships Maximizing Value for Islands?

Are Airport PPPs Taking Off? Exploring the Appetite for Airport Development, Post-Norman Manley

Chairperson’s Closing Statements and Cocktail Reception

Morning Refreshments

Chairperson Welcome

KPMG

Tourism and Sustainability: Caribbean Economic Growth, International Investment and Sustainability

Is Data the New Gold Rush?

Walking the Walk: Promoting the Adoption of Sustainable Energy to Power Island Governments

Morning Refreshments

Water and Wastewater Treatment: Solutions for Resilient, Efficient Water Systems

Are the Costs of a PPP Really Worth it?

Business Process Outsourcing: Transforming Caribbean Economies

Chairperson’s Closing Remarks, Followed by Networking Lunch and Close of Conference