I’m happy to give some publicity to this event, and if you book please credit us with the link-up.
Dear Quoracy.com subscribers,
Building on the success of our January event (attendee list attached below), we have developed a unique and targeted format for October, focusing on attracting more banking sector and municipal representatives.
The event will attract up to 50 municipalities and 100 leading international specialists to discuss and promote Municipal Projects in Poland and CEE.
CEE continues to offer investment opportunities and Municipal Projects are integral to sustained growth, with various mechanisms promoting development.
PPPs are an increasingly important financing mechanism, this event will highlight their potential bankability and compare PPPs against alternative public financing methods.
Key topics addressed include Public Debt, Public Fundraising and Financing mechanisms, and projects in Waste Management, Transport Infrastructure, Telecoms Infrastructure, Parking, Civic Buildings and Municipal Accommodation.
The event will have 2 core purposes:
- 1-day PPP capacity building workshop for Polish Municipal governments. Municipalities lack the effective capacity to plan, prepare and carry out PPP projects (this lack of capacity is also shown in standard public sector projects) this workshop aims to deal with this issue.
- 2 –day international investment conference to promote Poland’s (& CEE) municipal project pipeline (not just potential PPPs but all municipal projects).
So, where do you come in?
You can of course attend to hear about the latest developments in the market and take advantage of the excellent networking opportunities (options on the brochure), however there are a number of unique and specialist sponsorship opportunities available which may be of interest to your organisation.
If you would like to find out more or have any questions please contact firstname.lastname@example.org direct.
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I was recently asked whether there was any value in a loss-making business that had had a good reputation for 30 years.
Put very simply, and almost as a philosophical maxim, the sum of the value of an enterprise is equal to the sum of the NPVs of its projects (including as one project the liquidating of its assets, if that’s what it has to do). If it has no projects, it has no value. If it has only or overwhelmingly negative NPV projects, then it has negative value. Even the case of Woolworths shows you that a name that we all grew up with cannot prop up negative NPV projects for long. Therefore the way to assess value is to make a business plan for all the projects based on assumptions analysed down to the smallest level logically appropriate, with values ascribed to those assumptions which are objective and as researched as possible, and then to run PV calculations on the business plan.
Sure, someone will come along and say “Hey, that’s too complex. What something is worth is what someone else would be willing to pay for it. This I know, for the IFRS tells me so” – but in the final analysis what that other person is willing to pay will only be based on what he thinks he can make from it in the terms stated above, less his margin for risk of buying it. No business person actually buys at the value in use, they want to make a profit on buying it at less than that, but their perception of the ultimate value should be based on the sum of the NPVs of the projects. Read more…