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The Project will broadly follow the United Kingdom Private Finance Initiative (“PFI”) model.

This Project Note is provided as part of the evaluation materials to the recipient solely for informational purposes in order to assist the recipient and its advisors in assessing whether they wish to consider participating in the competitive tender for the Alexandria Hospitals Public Private Partnership Project (the “Project”). 

The Project Note is being issued by Alexandria University with the technical support of the PPP Central Unit of the Ministry of Finance (“MoF”) solely for use by prospective investors in considering the Project.

The Project Note has been prepared with the assistance of the International Finance Corporation (“IFC”) as transaction advisors  The Project Note does not contain or purport to contain all the information that a prospective investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Project and of the data set forth in this Project Note. None of the above entities, nor their consultants make any representation (express or implied) or warranties as to the accuracy or completeness of the information contained herein, or any other document made available to a person in connection with the tender process for the Project, and shall have no liability for this Project Note or for any other written or oral communication transmitted to the recipient in the course of the recipient’s evaluation of the Project.

Neither the Alexandria University, MoF, IFC, nor any of their consultants will be liable to reimburse or compensate the recipient for any costs or expenses incurred by the recipient in evaluating or acting upon this Project Note or otherwise in connection with competitive tender for the Project as contemplated herein. The Government of Egypt (“GoE”) has launched an ambitious program of Public-Private- Partnerships (“PPP”) to improve public infrastructure. The GoE believes that properly designed PPPs can deliver better value for money and foster the development of modern and efficient infrastructure in Egypt.

In 2006, the PPP Central Unit was established in the Ministry of Finance (“MoF”) to provide overall program direction, coordination and supervision to line ministries for the successful implementation of PPPs. The GoE also published a list of PPP projects totaling an investment of more than USD 4 billion which it plans to implement within a five-year period. This list includes projects in the health, water, sanitation, transport, and education sectors. The purpose of this Note is to provide information on the Alexandria Hospitals PPP Project (the “Project”) and to solicit interest from prospective investors along with comments and feedback on issues that may be of concern.

A tentative timetable with key milestones is provided below:

Milestone Indicative Target Date

1 Issuance of Expressions of Interest (“EOI”) Mid May 2008

2 Deadline for investor registration June 2008

3 Issuance of Information Memorandum June 2008

4 Issuance of Request from Prequalification (“RFQ”) - Prequalification

Procedures June 2008

5 Conference for Registered Investors End June 2008

6 Deadline for prequalification July2008

7 Announcement of pre-qualified bidders End July 2008

8 CD ROM (virtual ‘data room’) issued to pre-qualified bidders End August 2008

9 Issuance of draft PPP Contract and annexes to pre-qualified bidders

for comment End August 2008

10 Issuance of Request for Proposals (“RFP”) - Tender Procedures End August 2008

11 Deadline for submission on comments on contract End September 2008

12 Issuance of final PPP Contract and tender documentation End October 2008

13 Submission of bids (technical and financial) End December 2008

14 Notification of technical bid results January 2008

15 Opening of financial bids and selection of winning bidder February 2008

16 Signature of PPP Contract March 2009

 
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Mevzuat

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Eğitim

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