Carsten Wiebers, 55, heads KfW IPEX-Bank’s department for Aviation, Mobility & Transport. The department finances investments of governments and municipalities, corporates and project entities into urban transport, rail, logistics and aviation. Products include corporate, project and export financing as well as public promotional finance schemes. Until 2016 Carsten Wiebers covered the bank’s shipping, oil & gas offshore and cruise activities as Global Head Maritime Industries. He entered the bank in 1992 as project manager for KfW’s development aid finance, focusing on project finance in former Soviet Union states of Central Asia and Pakistan. Previous to KfW he worked for several institutions such as the Environmental Protection Agency in the US, Word Bank and chemical industries with project assignments in the US, Africa and Asia. He holds a doctorate degree in agricultural economics.
- June 10: Is the Public Private Partnership business booming?
Demand and technology of transport assets change: How to secure long term finance?Stakeholders in urban transport face a growing conflict: public budgetary constraints don’t go well together with fast changing demand for long term Investments. Such demand changing due to new technology of assets, new environmental standards or customers' demand for higher comfort. For some public entities shedding all risks of building, owning, financing and operating might be a solution, but not for all. In the long run it may also not be the most cost effective solution. Dividing these risks between public and private entities smartly may allow for both, the public entity’s demand for flexibility concerning the choice of operators and transport-assets as well as providing lowest cost financing. The presentation will examine the alternatives which are in between the concepts of "the state/city does it all" and full-fledged PPP with respect to financing solutions and financing cost.