Registration and refreshments
Opening remarks and market overview
Regional overview: The growing private equity infrastructure race in Southeast Asia
Across Southeast Asia, countries such as Indonesia, Vietnam, and the Philippines are currently experiencing an infrastructure boom in various sectors from toll roads and renewable power to data. At the same time, the past 12 months have seen a growing trend in both Asian and global infrastructure, and private equity funds actively deploying capital across the region. As such, the multibillion-dollar fundraising environment offers a positive outlook for private equity investment in Asian infrastructure assets for 2020 and beyond. However, the increasing need to close the large infrastructure funding gap across the region remains, as well as ongoing concerns about geopolitical and economic risks. Our panel of senior infrastructure investors will discuss their views on the market, and the opportunities and challenges that they face.
- Which countries and sectors in Southeast Asia have seen the most interest from private equity investors, and what are the future trends for infrastructure in the next 12 months?
- How do the investment strategies of international, Asian, and multilateral funds differ in the region?
- How are firms undergoing risk evaluation of projects in the region, and are firms willing to take greenfield project risks?
- Is there too much competition in the private market? Will we begin to see auctions and bidding wars like those in Europe and the US?
Networking coffee break
The case for renewable energy investments in Asia
In 2019, power and energy-related transactions dominated the Southeast Asian market, and according to the Asian Development Bank, energy demand in Asia is set to double in the next ten years. As the region sees dedicated funds for solar and wind projects being established, as well as institutional investors allocating capital to big ticket transactions in regions such as India, private equity infrastructure investment in renewables continues to grow. However, there is still proven investor appetite for coal-fired projects, and concerns that deal flow in the renewables sector is failing to keep up with increasing demand is a persisting issue. Our panel of industry specialists will discuss the investment opportunities available, and what is in the pipeline for the year ahead.
- Which renewable sectors are the most investable: solar, wind, or hydro?
- Is it becoming more difficult to find suitable projects in an increasingly crowded market, and what are the key challenges to funding renewable energy projects in Southeast Asia?
- How is the market promoting investment in more efficient and cleaner energy technologies, and how are investors looking at renewables from a sustainability perspective?
- What are some of the next frontier opportunities, such as energy storage investments?
The increased drive towards transportation investments
As various governments prepare to launch auction processes for a number of transportation PPPs, and several big-ticket projects develop across the region, transportation continues to attract interest from private investors in Southeast Asia. With demand ramping up for road, rail, and airport projects – for example, Indonesia and India’s promising toll roads sector and Vietnam’s PPP plans – private investors must ensure that they understand the opportunities and challenges involved in each geography and project. Our panel will discuss the latest deal pipeline in the sector, and how private investors can access the market.
- What is the deal pipeline for the next 12 months?
- How can private investors gain access to transportation projects, and what sort of partners can they work with to do so?
- Aside from road, rail, and airport projects, where are the best prospects for private investment in the future, such as logistics facilities?
- How can PPPs help close the investment funding gap, and what are the challenges to applying PPP on a large scale?
Case study: The business case for sustainable and climate-resilient infrastructure projects in Southeast Asia
Gain insights from a GP that has successfully sourced, executed, and managed a sustainable infrastructure project in Southeast Asia. Understand their justifications for investing in the region, why they view ESG and sustainable investing as a source of value creation, and how they view their long-term strategy in the market.
Capturing investment opportunities in digital technology
Direct investment opportunities in the digital technology infrastructure market, including data centres, fibre, logistics, and telecommunication towers, are ripe for the picking across Southeast Asia. As global fund managers look to expand their opportunity set beyond core, long-term infrastructure assets for returns, this relatively new sector has seen an uptick in interest as operators seek capital and form partnerships with investors. However, those looking at the market need to be mindful of the challenges and risks that technological disruption may pose. In this session, our panel of experts will highlight current and future sector trends.
- What is the outlook for digital technology investments such as data centres and fibre, and what are investors looking into?
- Where in Southeast Asia are the best opportunities, such as telecom tower investments in the Philippines?
- How can investors leverage technology for better infrastructure delivery and operational efficiency?
- What challenges will technological disruption bring to the portfolios of infrastructure managers, and how can they best prepare?
Networking coffee break
Institutional investor spotlight: Committing capital in the region
Institutional investors continue to see Southeast Asia as an attractive market, and in recent years have focused their efforts on funding some of the largest transactions in the region. However, Southeast Asia is still considered to be a risky investment proposition. Geopolitical complexities, fragmented markets, increased competition, and developing the right relationships with local partners are issues that are still at the forefront of many investors’ minds. In this session, hear from leading regional and global institutional investors about the lessons learned when investing in Southeast Asia, as well as their strategies for the future.
- Which geographies and sectors present the best opportunities for LPs, and what have the returns been on infrastructure investments so far?
- Direct investments vs fund investments vs co-investments: which strategy do LPs prefer when looking at the region?
- Are LPs beginning to see too much competition, and how can they differentiate themselves from other players?]
- How can LPs effectively source both international operators and local partners in Southeast Asia?
Roundtable discussions: Meet the infrastructure experts
In these country-specific roundtables, an investment expert will moderate each session to discuss the unique set of risks, challenges, and project pipelines each region has to offer. Designed to promote networking and discussion, the experts will share their experiences in sourcing and executing deals in their geographies, as well as the top sectors on the horizon for each country.
Close of conference and cocktail reception