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Cities Development Initiative for Asia

Cities Development Initiative for Asia. Developing Investments using the Pre-Feasibility Study (PFS) Process. Learning Outcomes. Why Pre-Feasibility Study emerges What is it How does it work What does it offer for cities Can it be applied to local contexts. Why the PFS.

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Cities Development Initiative for Asia

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  1. Cities Development Initiative for Asia Developing Investments using the Pre-Feasibility Study (PFS) Process

  2. Learning Outcomes • Why Pre-Feasibility Study emerges • What is it • How does it work • What does it offer for cities • Can it be applied to local contexts

  3. Why the PFS • City development strategies and plans • How do cities move from strategies to plans • What processes are involved • Does the process lead to bankable projects • Accessing money for projects and investments • PFS aides existing approaches and processes

  4. What is a PFS • New concept in project cycle • Between strategy/plan and feasibility • Project structuring • Conceptual engineering design • Financial and economic analysis • Tool for infrastructure planning and programming

  5. How does it work • Key tool for CDIA • Process orientated • Delivered through consultants • CDIA and City partners • Strategy – Plan – Bankable Projects • CDIA and City own and manage process

  6. PFS Process • City demands support • CDIA prepares PFS with city • CDIA procures consultants/experts • Consultants and city team work together • 5 key steps in implementing PFS

  7. Key Steps in Process • Mobilization • Consultants and city team meet • Review of ToRs • Review of city counterpart contributions • Planning for inception phase • Setting the scene • Steering committee

  8. Key Steps in Process • Inception Phase • Situation analysis • Finalize approach to study with city • Identify partners in city • Agree staffing/personnel schedule with CDIA-city • Set dates for key consultations and reports • Communication strategy in place

  9. Key Steps in Process • Mid term (interim) Phase • Situation/gap analysis complete • Initial consultations complete • Priority investment areas identified • Medium term investment program identified • Key project areas prioritized with city

  10. Key Steps in Process • Draft final phase • Priority projects identified • Investment proposals prepared • Institutional, environmental, social, financial and economic analysis • Financing plan prepared • Final consultation with city and key stakeholders

  11. Key Steps in Process • Final phase and report • Report and investment proposal submitted to city and CDIA • Recommendations for next phase • City initiates next phase • Consultants demobilize • What next?

  12. Moving to Feasibility • Access to financing • who will finance next phase? • Multi-lateral institutions/private sector • Marketing the investment proposals • Who takes the lead? • Is there a role for CDIA?

  13. Critical Success Factors • Vision • Leadership • Managing the process • Ownership • Partnership • Resources

  14. PFS and Local Context • Not replacing the way projects developed • Another tool and option • What works and what doesn’t • Examine strengthens and weaknesses • Take what you like • Means to an end!

  15. PFS and Local Context • identifying projects • Understanding the demand • Processes involved in creating a project • Bringing decision makers together • Key ingredients in ‘good’ projects • Avoiding ‘bad’ projects • Financing for feasibility work

  16. Thank You!

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