PROJECTS/ CONCEPTS BEING REVIEWED FOR DEVELOPMENT AS PPPS
The Development Bank of Jamaica is aware of the following projects which are being assessed for development as PPPs by Ministries, Departments and Agencies (MDA). As new projects are progressively identified by the MDAs and brought to the PPP Units, these will be added to this list of PPPs under development:
|PROJECT/MINISTRY/AGENCY||DESCRIPTION/OBJECTIVE||STATUS AS AT
|Centers of Excellence in Oncology and Nephrology
Ministry of Health
| The GOJ is seeking to establish two radiation treatment centers of excellence at St. Joseph Hospital in Kingston and the Cornwall Regional Hospital in St James to provide external beam therapy with a linear Accelerator and additionally to provide HDR branchy theraphy and nephrology centre.
|Preparation for the Business Case has started.|
|Milk River Spa
and Bath Fountain Hotel and Spa
Ministry of Tourism
|The MOT is exploring the option to engage a private investor to pursue the development of both entities and to utilize the resources to develop spa related products.||Feasibility study completed and the recommendations are being considered by the Government to determine the optimal PPP modality.
Draft Cabinet Submission to be finalized by the Ministry of Tourism.
|Caymanas Special Economic Zone
Ministry of Economic Growth & Job Creation
|The Government has developed an integrated policy framework for the operation of Special Economic Zones (SEZ), recognizing PPPs as critical to their successful implementation. The greenfield site slated for the CSEZ consists of 1,400 acres (566.56 hectares) of land owned by UDC in the parish of St. Catherine.
|Phase 2 of the feasibility study is now 90% completed and is expected to be finalized in January 2019|
|Solid Waste Management Reform PPP Project
National Solid Waste Management Authority (NSWMA)/ Ministry of Local Government and Community Development (MLGCD)
|The Government of Jamaica, through the MLGCD, is seeking to develop a comprehensive solid waste management (SWM) programme which would over time, allow the NSWMA, to focus on being a regulator rather than an operator.||The Options Analysis Report is underway. As part of the Options analysis report, a Market Sounding activity will be conducted in December 2018.
The final report is expected to guide the GOJ to determine the optimal methodology to implement the project.
At the Project Identification Stage:
The objective is to find those assets and services, existing or planned, where value for money could possibly be increased if they were done as PPPs. Subject MDAs are required to identify and scope potential projects and submit them to the PPP Unit for screening. The projects identified by the MDA will be screened against the agreed PPP criteria by the DBJ and MoFP PPP Units. The project is officially recognised as a GoJ PPP Project when it:
- Meets the PPP Criteria
- Is approved for development by the Cabinet or other relevant body assigned with that responsibility
Preliminary Screening and Evaluation means that the DBJ and MoFP PPP Units have received the preliminary project proposal and are evaluating it for compliance with the PPP criteria. The project proposal must identify at a high level, supported by assumptions and independent evidence where necessary, that the project is viable and suitable for development as a PPP. It is expected that the MDA would also have conducted preliminary discussions with the MoFP Public Expenditure Division (MFPED)/ Public Investment Management System (PIMS) Secretariat regarding project affordability and incorporation into the Public Sector Investment Programme.
All PPP projects must meet four (4) main criteria:
- Viability – the project makes sense, in that it is effective in meeting government objectives, technically and legally feasible, environmentally compliant, socially sustainable, and economically viable
- Achieves value for money – procuring the project as a PPP will provide greater net benefit than conventional public procurement
- Marketability – there are qualified private parties available to do the project and the project is expected to provide a commercial rate of return sufficient to attract such parties and create competitive tension
- Fiscal responsibility – the project’s cost to government is in line with fiscal priorities, and project risks retained by the government would not be fiscally destabilising.