THank you to our sponsors

PARTNERS ECA PARTNERS

SPONSORS CORPORATE SPONSORS

SUPPORTERS Event overview

An interactive gathering of the export, agency and project finance community making deals in Asia. This 2 day event is your chance to get to grips with everything occurring in this expanding region and position yourself right next to new opportunities in the market. 400 senior experts will be networking, learning and discussing future plans and industry changes on the 5 & 6 November, make sure you join them to make significant connections across local borrowers, exporters, DFIs/MFIs, banks, law firms and insurers. And make those deals fly!

400 40% 75+ 190 Delegates Corporates Speakers Companies

What’s new

DIGITAL IDEA LABS THE GREAT DEBATE COUNTRY FOCUSED SPOTLIGHT ON SESSIONS RENEWABLES Get ahead of the curve on industry innovations that could Get insider info on Vietnam, Solar, offshore wind, the start Make your case on ’s of battery storage: how will all save you time and money activity in Africa /Bangladesh, & these change the landscape of the Philippines renewable energy? Testimonials

“Remains the premier project & export “Excellent opportunity to meet industry finance event in Asia” experts and financiers” Leo Kirby, GE Robert Wallin, Huawei

“A great ability to network amongst a “Variety of topics and format of the diverse group of market practitioners” conference keeps audience engaged” David Maule, Miller Insurance Services Prabaljit Sarkar, InfraCo Asia

“Great opportunity to connect with “Clear, tight focus on structured the players in the industry and to get export finance” valuable insights” Shuohan Dai, Euler Hermes Klaus Houben, Export Development Canada Who you could meet? Get a sense for who else will be in the room this November. Here are some of the great corporates we welcomed last year.

• 8minutenergy • Diamond Generating Corporation • Pinggao Group Co. Ltd. • AC Energy International Renewables • Ferrostaal Equipment Solutions GmbH • Posco Daewoo • Adaro Power • GE • Power China • Agritrade International Pte Ltd • GE China • Primetals Technologies Austria GmbH • Airbus • GE Energy Financial Services • PT. Putra Indotenaga (PIT), • Alcatel Lucent Submarine Networks • Genting Hong Kong • Quadra Commodities • Atkins Global • Gezhouba International Hong Kong Company • Reliance Industries Limited • BASF SE Limited • Royal IHC • Bouygues • International Company Limited • SEPCO3 • Burmeister & Wain Scandinavian Contractor • Hitachi Zosen Corporation Group • Group Co Ltd (BWSC) • Huawei • Siemens • Business Connection BV • Huawei Technologies Company • Siemens Limited • BWSC • Hyundai Engineering & Construction • Sindicatum Renewable Energy Company • CGN New Energy Holdings Co., Ltd • Hyundai Engineering Co., Ltd • SK E&C • China CAMC Engineering Co. Ltd • ITOCHU • Sojitz Corporation • China Energy Engineering Company (CEEC) • JGC Corporation • SREI Infrastructure Finance Limited • China International Marine Containers Co. • JML • Sumitomo Corporation (CIMC) • Konecranes Oyj • Susi Partners • Holdings Limited • Marubeni Corporation • TBEA • China Resources Power • Mitsubishi Corporation • Thales • Chiyoda Corporation • Mitsubishi Heavy Industries, Ltd. • Toshiba Corporation • Cisco • Mitsubishi Hitachi Power Systems • United Company RUSAL • CITIC Metal • Mitsui & Co., Ltd • UPC Renewables • CLP Holdings Limited • MODEC • VAPCO • CRRC Sifang Hong Kong Company Limited • NEC Corporation • Vigeo Eiris • Dah Chong Hong Holdings Limited • Nokia • VPOWER Group • Danieli • Orsted • ZTE Corporation Top speakers

Charles Xu Teguh Widhi Harsono Munetaka Horiguchi Jacky Yang Managing Director Vice President of Funding Vice President, Business Development Division General Manager GE China Perusahaan Listrik Negara (PIN) (Persero) Chiyoda Corporation SUMEC

Geoffrey Tan Kiyoshi Nishimura Claudia Scheuerl Maëlia Dufour Jørgen Kragh Managing Director Asia Pacific CEO Investment Officer Syndications Director - International Relations, Business Head of Project Finance OPIC - Overseas Private Credit Guarantee and Investment Facility IFC Development, Rating EKF Investment Corporation (CGIF) Bpifrance

Klaus Houben Adolfo Dindo Abueg Andre Gazal Charles Berry Chief Representative South East Asia Co-Head Project Finance, Asia Pacific Sumanta Panigrahi Global Head of Export Finance Chairman Managing Director & APAC Head – Export & EDC Korea Development Bank (KDB) Credit Agricole CIB BPL Global Agency Finance Citi

Mark Houghton, Sun Jung Lee Marc Schlatter Regional Project Leader- Asia Pacific Laura Galvin Head of Export & Agency Finance Asia Pacific Executive Director AXA XL Managing Director, Export Finance Asia Santander Landesbank Baden - Wurttemberg (LBBW) HSBC

Michael Barrow Jonathan Joseph-Horne Kim Hock Ang Andrew Kinloch Director General, Private Sector Managing Director, Structured Export Finance Associate Principle Specialist Advice on Infrastructure Operations Department SMBC Baker & McKenzie Finance in Asia Asian Development Bank (ADB) Logie Group REGISTRATION & NETWORKING ASIAN OPPORTUNITIES: UKEF LED BREAKFAST BRIEFING Join the UK’s ECA for breakfast to look at how they are making the most of opportunities throughout Asia-Pacific

OPENING REMARKS Welcome to TXF Asia 2019! We’ll be keeping you on your toes with two days of discussion, digital workshops, interactive sessions and networking

MACROECONOMIC PERSPECTIVES: A GEOPOLITICAL OVERVIEW This macroeconomic perspective provides up-to-date analysis of the latest geopolitical situations affecting Asia - To what extent are China and US trade tensions impacting business and projects across Asia? - BRI is no stranger to political challenges; how have these shaped international perspectives on the initiative? - Will RMB internationalisation displace dollar dominance in the region and what is the outlook for local currency markets? - What impact have trade wars had on shifting manufacturing bases?

ECA LEADERS’ PANEL: VISIONS FROM ASIA An exclusive report by TXF Data showed that Asia & Asia Pacific together made up 15% of ECA backed deal volume in 2018. We gather senior leaders from the ECA market to discuss: - Which ECA products are most popular throughout Asia Pacific and why? - Which regions are Asian ECAs looking to expand their cover to? - How is Sinosure aligning its products with those of international ECAs? - How can international ECAs simplify their products? - Which ECAs are leading the way in providing tangible ESG linked products? Moderator: Andre Gazal, Global Head of Export Finance, Credit Agricole CIB

THE LITMUS TEST: TXF’S AUDIENCE SURVEY Our real-time audience survey will give you a sense of the opinions in the room. Find out how your peers are preparing for growth, get a consensus of the regions & sectors piquing interest, and more. COFFEE BREAK PLENARY STREAM RENEWABLES STREAM

UNDERWRITING LIVE: ADVENTURES IN PRI HERE COMES THE SUN: SOLAR PROSPECTS In a world where many ECAs are hamstrung by the OECD As financiers and ECAs grow increasingly reluctant to finance coal, consensus, the CPRI market can offer an attractive alternative. solar is becoming ever more relevant. We discuss: This interactive live underwriting session gives you clarity on how - The move from the IPP model to PPAs with commercial offtakers deals are put to the market. Senior leaders from across the PRI - This year, solar will become cheaper than coal in 11 Chinese provinces talk us through how they’d go about pricing hypothetical deals. How can we use this success as a template for future cost effective solar? Charles Berry, Chairman, BPL Global - Solar projects are abundant in the Vietnamese pipeline – will the Mark Houghton, Regional Product Leader - Asia Pacific, AXA XL market be able to keep up with demand, or were the government’s attractive Feed-in Tariffs too generous? - How lenders can mitigate novel risks associated with floating solar - How will the onset of battery storage impact solar technology, and who is leading the charge in this developing field?

FURTHER GROWTH FOR INDONESIA? BLOWING AHEAD: Despite recent elections slowing deal closure, Indonesia remains a MOVING FORWARD IN OFFSHORE WIND ripe market for export and project finance. We take on: Following the close of Formosa 1 in 2018, offshore wind has taken off. - New MEMR regulations on IPP projects and their impacts on type With yet more deals set to close in Taiwan, we discuss: and number of IPP deals • The potential for ECA collaboration on offshore wind deals - Challenging PPAs on renewables causing problems for lenders • What are the opportunities for foreign capital in domestic project and equity investors markets? - Projects lined up to help PLN reaching ambitious targets • Which regions will follow in Taiwan’s footsteps? Are India and Japan - How can Indonesia capitalise on initiatives like BRI and Japan’s likely to see an increase in offshore wind projects? ambitions to broaden its influence across Asia Pacific? • The rise of floating offshore wind and associated risk profiles Teguh Widih Harsono, Vice President of Funding, PT PLN (Persero) Jørgen Kragh, Head of Project Finance, EKF

LUNCH REGIONAL SPOTLIGHT REGIONAL SPOTLIGHT

FOCUS ON SOUTH ASIA: INDIA & BANGLADESH FOCUS ON: THE PHILIPPINES Very liquid markets, India & Bangladesh present fruitful Despite being renowned for its strong local market, The Philippines opportunities for international foreign investment and infrastructure looks like it may be an interesting destination for foreign investment projects. We discuss: and infrastructure financing over the coming years. Given that March • India’s world leading solar programme saw import value in the country jump to 7.8% year on year, we look at: • The impact of India’s $107 billion road building programme - The strength of the local market compared to spaces for • Bangladesh’s opening to power projects international projects - The impact of Duterte’s political stance and projects emerging from • Shifting regulatory frameworks encouraging ECA involvement his ‘Build, Build, Build’ initiative - The impact of The Philippines’ recent upgrade to investment grade

FOCUS ON: VIETNAM CENTRAL ASIA: KAZAKHSTAN, TAJIKISTAN, UZBEKISTAN Although a tricky market from a geopolitical risk perspective, Central Asia boasts many opportunities for international Vietnam is now one of the fastest growing economies in the world. corporations - Japanese and Korean exporters have already jumped TXF Data shows that the country is the fourth most active region for at the chance to work on major power projects in the region, and ECA backed borrowing in 2018, taking on 4.4% of global deal volume. China’s BRI is increasingly present. We discuss: We discuss: • How ECAs provide comfort to lenders and exporters working in • TXF’s Asian ECA deal of the year award winner: Vinfast’s $950 the region million Euler Hermes backed deal • Working with high political risk and slow project progression • Van Phong 1 coal-fired project – billed as the last super-critical coal • The growth of the central Asian power sector and opportunities fired project Japan will ever finance as all future projects will need to for international involvement • How are BRI related projects – particularly in transport and trans- be ultra super-critical. Will this ring true? shipment – changing the region? • Vietnam’s position in the Asian regasification and gas to power sectors • The impact of retracted sovereign guarantees • Vietnam’s population is set for a 1% growth in 2020 – what role will renewables play in upping grid capacity accordingly?

COFFEE BREAK A DFI UPDATE: THE DEVELOPMENT ANGLE Development finance is a crucial part of the funding mix for many Asian projects. Hear from the region’s leading DFIs on: - ADB’s record hitting $3.1 billion private sector operations over 2018 - In its first two years, AIIB approved $4.3 billion of funding for Asian infrastructure projects, and 2019 has seen them considerably upping capacity Where can we expect project prioritisation over the next year? - OPIC’s regeneration into DFC and associated capacity increase - How blended finance can mobilise capital towards sustainable development in emerging markets - The competitive advantages DFIs can offer using local currency products - DFIs are taking more equity on projects in Asia – will we see this trend reflected in the ECA market? - What role will green bonds play in the future of Asian energy financing, and what activity are DFIs seeing in the renewables space? Dindo Abueg, Co-Head Project Finance, Asia Pacific, Korea Development Bank Geoffrey Tan, Managing Director Asia Pacific, OPIC Michael Barrow, Director General, Private Sector Operations Department, Asian Development Bank

CHINESE INVESTMENT IN AFRICA: THE GREAT DEBATE China’s aggressive investment into Africa has not gone unnoticed by the international community. Not beholden to the OECD consensus, China’s ECAs arguably have an unfair advantage over their competitors. With opinions divided, we debate: - Does Chinese investment drive development or does it restrict African economic empowerment? - What specific projects demonstrate the nature of Chinese investment into Africa? - OECD members must meet 30% local content requirements, whilst China can bring in 100% of its own workforce and equipment. Given this, can we say that the OECD is fit for purpose?

COCKTAIL RECEPTION WELCOMING REMARKS Welcome to day 2 of TXF Asia 2019

IT’S NOT THAT EASY BEING GREEN: SHIFTING TO AN ESG COMPLIANT FUTURE The global trend to shift to a climate-conscious future has firmly established itself in Asia Pacific – and the market is responding accordingly. We take a forward-looking approach, discussing: • The shift towards clean energy and the move away from financing coal • Banks are already taking steps to go green – how are the ECA and corporate markets following in their footsteps? • Which policy initiatives in Asia will be most effective in accelerating the decarbonisation agenda across the region, and which are unlikely to gain support? • Should the export & project finance markets be taking inspiration from ESG tied debt transactions in the commodity sector? • We reveal TXF’s sustainability benchmarking report, showing which institutions are leading the way and which leave something to be desired Claudia Scheuerl, Investment Officer Syndications, IFC

ROADS TO SUCCESS: THE FUTURE OF ASIAN INFRASTRUCTURE As Asia continues to develop, the breadth and types of infrastructure projects are changing to improve quality of life across the region. We discuss: • With so much to do and a huge infrastructure finance gap, how do we prioritise on project implementation? • How viable are the PPP models emerging in countries including China, Thailand, Indonesia and the Philippines? In which sectors will PPP projects be viable? • China and India are leading on Smart City development; how rapidly will the rest of Asia catch up with smart infrastructure and automated transport? • How can financiers successfully mobilise capital and ensure bankability on infrastructure projects? Sumanta Panigrahi, Managing Director & APAC Head – Export & Agency Finance, Citi

COFFEE BREAK PLENARY STREAM: CHINA DIGITAL IDEA LABS LOOKING INWARD: CHINA’S INBOUND MARKET RAPID: A WINNING COMBINATION FOR MALAYSIA? Although BRI has brought many opportunities for China’s outbound We take a look at Malaysia’s $15.3 million oil refinery project in market, the country has strong potential in its inbound market. depth, discussing: We take on: - The strong transaction conditions that the borrowers, Saudi - China poses many unique challenges, from regulations and foreign Aramco and Petronas, have laid out exchange risks to local competition with Chinese commercial banks. - How the deal works towards achieving Malaysia’s domestic energy How can international companies navigate these issues and make the demands and paves the way for future transactions in the country most of opportunities in China? - The future of large-scale clean fuel projects in Asia - Which European countries are making the most of opportunities from China’s inbound market? - How will the opening of Chinese markets through the China Connect Initiative impact trade investment? Jacky Yang, Managing Director, SUMEC Marc Schlatter, Director, Head of Export Finance Asia Pacific, LBBW

THE ‘PANDA IN THE ROOM’: ADDRESSING BRI FUTURE OF EXPORT FINANCE: INNOVATING THE INDUSTRY Since it was proposed in 2013, China’s belt and road initiative has Join the industry’s next generation to workshop the latest industry been making waves. Six years on, we assess the initiative’s peaks and innovations. troughs, taking on the effect of cheap debt in partner countries: - What process can be digitized to enhance performance? - Do BRI projects offer any scope for international private sector - How can we encourage investment into sustainable projects involvement, or are they purely government to government? without inhibiting growth in developing regions? - How do we tell which infrastructure projects are viable and which Marc Schlatter, Executive Director, LBBW are ‘pie-in-the-sky’? Laura Galvin, Managing Director, Export Finance Asia, HSBC - Will there be any clarity on which projects fall under BRI’s remit? - How can non-Chinese entities get involved? Charles Xu, Managing Director, GE China Moderator: Andrew Kinloch, Specialist Advice on Infrastructure Advice in Asia, Logie Group

LUNCH STAYING UP TO DATA: TXF’S ASIAN OVERVIEW TXF data has all the insights you need to develop your business in Asia. We share our latest findings on: - Top growth regions across 2018 - Landmark transactions that drove up deal volume this year - Sectors ripe for investment

CLOSING REMARKS Thank you for joining us at TXF Asia 2019! Register today (and avoid disappointment!)

£2299 £2499 £2699 Super Early Bird Early Bird (expires 16/08/2019) (expires 20/09/2019) Full Rate Meet the team

Eavie Burnett Grace Jackson Alexandra Shatova Lucy Morris Speak to Eavie about speaking Head of on-site logistics, accommoda- Looking to sponsor or bring your For media partnerships and slots, corporate passes and our tion and Hong Kong know-how – get in whole team? Ask Alex about the promotional material, speak to Kate. spectacular agenda. touch with Grace for all of the above. best possible group bookings. [email protected] [email protected] [email protected] [email protected]

Click here to register

We all look forward to seeing you in Hong Kong +44 (0)203 735 1850