CRGP Graduate Student Stephan Jooste spent the summer working with engineering consultant Arup's Due Diligence team in San Francisco. This group provides advisory services to Lender Agencies on Infrastructure Public Private Partnerships (PPPs) across the Americas and Europe.

During his three months at Arup, Stephan worked on a number of transactions, including the development of a new hospital in Victoria, a 30 mile highway concession outside of Vancouver, and a study into a possible Personal Rapid Transit (PRT) facility at a regional airport. In addition, Stephan was part of the team that studied a number of concession roads in Portugal for a leading Infrastructure Investment firm. For this, he had the opportunity to travel to Europe for an on-site assessment of the current operation and management of the existing concession.

The internship afforded Stephan the opportunity to experience first hand how PPP transactions are developed and rolled-out. In addition, Stephan was introduced to the different parties involved, and the general risks and issues that they face during the concession term. The experience should prove invaluable as Stephan continues to focus his PhD research on the crossroads between PPPs and Public Sector Capacity.

Posted by rjorr at August 30, 2008 3:51 PM