05.02.2015 - 06.02.2015 | Tbilisi
2nd Annual South Caucasus Infrastructure & New Energy Investment Summit
The 2ndAnnual South Caucasus Infrastructure & New Energy Investment Summit took place on 5-6 February in Tbilisi (Georgia). It was held under the auspices of the Georgian Ministriy of Regional Development & Infrastructure, and of the Ministry of Energy & Natural Resources.
The event attracted more than 150 foreign, regional and local entrepreneurs, senior governmental representatives, recognised market leaders and new business developers in key industry sectors in the region, namely in infrastructure and renewable energy projects.
Key topics included:
- Modernising transport infrastructure - a growing regional hub for logistics and storage business;
- Renovating water resources, waste management, recycling, cleaning technologies;
- Energy transport in the South Caucasus and the corridors;
- Featuring investment opportunities in new energy power generation;
- Expanding renewable markets and cross-border energy infrastructure - Project financing, PPPs & advisory services.
The first day of the summit was devoted to such topics as: Transport infrastructure; Logistics; Sustainable urban infrastructure; Energy transport in the South Caucasus and corridors.
Accordingly the major contribution during this day was made by the following speakers: Ahmed Eiweida – sustainable development sector leader from World Bank (Georgia); George Tsagareli – Director of the Eurasian transport corridor investment center; Martin Homola - GIZ South Caucasus Office country Director; Emrach Duman from Turkey – Director of international markets (Ford Trucks); Konstantin Anglichanov – Director of international public finance (Fitch Ratings); Lavinia Chitoran-Muller Romania/Georgia independent PPP adviser; Lars Oermann – Director of South Caucasus regional office, KfW Development Bank, Germany/Georgia; Bertrand Goalow - Senior urban development specialist in transport from Asian development bank (Philippines); Juan Jose Fernandez – Director of Eastern Europe and Asian Acciona Infrastructure, Spain/Turkey; Archil Tsabutashvili – executive Director of united water supply Company of Georgia; Zurab Eristavi – Ministry of Foreign Affairs of Georgia; Sukru Bogut Senior energy infrastructure Advisor from USAID Georgia; Ulviyye Aydin – International office coordinator from Izmir University, Gursel, Turkey and Ben Aris Editor-in-chief of Business new Europe (from Russia).
The second day of the conference was totally devoted to the problems of the renewable energy.
Interesting presentations were demonstrated by: David Managadze - Principle banker from IBRD UK/Georgia; Giorgi Bezhuashvili - Chief executor officer from the Georgian energy development funds; Maria Gritsenko - Counsel of international arbitration and litigation of Bryan Cave LLP, UK; Sevgi Sekiner – Principle investment officer from from international Finance Corporation (IFC), member of World Bank Group Germany/Georgia; Tamara Babayan – Director of Armenian renewable resources and energy efficiency funds; Enriko Spiller – Director of sector coordinator of South Caucasus energy/transport, KfW development bank, Germany/Georgia; Jamil Malikov – Deputy Director of the State Company of alternative renewable energy sources, from Azerbaijan; Kaido Sirel – head of the operations section, EU Delegetion of Georgia; Bill Hanlon – deputy head of the organisation for security and Co-operation in Europe, from Armenian office; Liana Garibashvili – energy efficiency center of Georgia and Gundula Tschernigg – Austrian institute of technology, Austria.
After of each presentation there were several questions and discussions. Practically all of them were interesting and useful.
The international partners of the 2ndAnnual South Caucasus summit were:
- Acciona, one of the foremost Spanish business corporation, leader in the development and management of infrastructure, renewable energy, water and services. The company is listed on the selective Ibex 35 stock exchange index. Acciona infrastructure has an experience of over 100 years in all kinds of civil works, transport, infrastructure constriction. Acciona presents on 5 continents and in more than 30 countries.
- Dual headquartered in New York and London Fitch Ratings is a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data. Fitch Solutions provides a range of fixed-income products and professional development services to the global financial community.
- Bryan Cave LLP has a diversified international legal practice. The firm represents a wide variety of business, financial, institutional and individual clients, including publicly held multinational corporations, large and mid-size privately held companies, partnership and emerging companies.
- Calik Energy – is one of the leading energy companies in Turkey, executes engineering procurement construction and investment projects in its target geography including CIS countries, Middle East, Africa and Balkans region.
- Duker Gmbh & CoKGaA in Laufach is a privately owned manufacturer with a century-old background. In two founders in Bavaria/Germany, Duker manufacturers various types of cast iron piping material.
- Profile products is the world's largest combined supplier of hydraulically applied mulches and hydraulic mulch additive to control dust, erosion and establish vegetation. Their Green Design Engineering approach creates cost effective and environmentally superior solutions through the design, manufacture and application of sustainable erosion control and vegetative establishment technologies.
- PMCG is an international development consulting company using international and local expertise to deliver successful results to transition and developing economics. PMCG cooperates with governments, businesses and international organizations to work dynamically in the fields of energy, infrastructure development, policy advising, social economic, doing business and business enabling reforms, public finance management, capacity building and institutional development.
- Ford Trucks is one of the leading heavy commercial vehicle providers in Eastern Europe, Middle Asia, Caucasus regions including Turkey. Ford Otosan the manufacturer and the global R&D partner of Ford Motor Company, has been producing Ford Heavy Commercial Trucks since 1960and in collaboration with GT Group-Georgia, since early years of the last decade.
It is also important that during the summit brochures of the Bryan Cave Company were distributed, which listed some recommendations in infrastructure and energy, e.g.:
- Advising World Bank and the government of Georgia on the structuring and implementation of a PPP to upgrade and concession a portion of the national motorway;
- Advising German Bank in conducting of a $2 billion wind energy portfolio for purposes of securitisation.
- Advising 'Emicom Srl' one of the leading telecommunications and alternative energy companies in Italy and part of the French group 'Dalkia Siram', in the construction of three photovoltaic plants in South Italy.
- Advising MEMC electronic materials, Inc. in connection with the negotiation, litigation, mediation and eventual renegotiation of a 4 billion USD solar water supply agreement, as well as regarding the structuring, construction funding, refinancing and sale of Germany’s largest solar park, etc.
About 25 of this type of suggestions were demonstrated.
Source: Dr Givi Kochoradze, ICARTI