Events
Islamic Finance and Public-Private Partnerships for Infrastructure Development
May 8-9, 2017Kuala Lumpur, Malaysia

Securities Commission Malaysia–World Bank Conference. This International Conference and Roundtable is being held on May 8-9, 2017, in Kuala Lumpur, Malaysia. The one and a half-day event will be attended by development practitioners, policy makers, regulat... ors, as well as representatives of financial institutions involved or interested in participating in Islamic finance and infrastructure.  See More

It is widely recognized that developing countries currently face a substantial infrastructure deficit with many people lacking access to good quality infrastructure and reliable basic services.  Recent estimates indicate that in low and middle-income countries, an additional USD 1 trillion to USD 1.5 trillion of annual investment will be required through 2020 to meet the infrastructure demand from industry and households.

Against this background, the use of Islamic finance for infrastructure development has been receiving increased attention in the past few years. Islamic finance instruments such as Mudarabah (trust financing), Musharakah (equity financing), Ijara (lease financing) and Istisna’a (work-in-progress financing) have inherent features of risk-sharing and asset-backing which make them suitable for infrastructure projects. The increased use of Sukuk (Islamic bonds) has also opened up an important potential new source of funding for infrastructure projects which require large capital outlays with long construction and amortization periods.

Given the potential of Islamic finance to support infrastructure development in emerging and developing countries, the Conference will focus on how to best deploy Islamic project finance in PPP delivery frameworks and identify the relevant policy, legal, regulatory and institutional interventions necessary to successfully attract and expand Islamic financing for infrastructure development.

Target Audience

The one and a half-day event will be attended by development practitioners, policy makers, regulators, as well as representatives of financial institutions involved or interested in participating in Islamic finance and infrastructure

Day 1: May 8, 2017 (open to the public)

The first day of the Conference will address various topics, including:

-  Global Infrastructure Development Needs and how to enable Islamic Infrastructure Finance

-  Islamic Finance Instruments and the PPP Models used for Infrastructure development

-  Case Studies of  Islamic Financing in Infrastructure PPPs

-  Expanding the role of Islamic financing in PPPs and Infrastructure

A detailed agenda will follow shortly. You can register for Day 1 through the link above.

Day 2: May 9, 2017 (Closed session; by invitation only)

The second day will be a closed-door Roundtable to get technical feedback from selected experts on key challenges, appropriate solutions and possible pilot projects in deploying Islamic finance for infrastructure development. The Roundtable will also provide feedback on a  World Bank study on promoting Islamic finance in PPP delivery models for infrastructure development.

Details

Venue: Securities Commission Building, No 3, Persiaran Bukit Kiara, Bukit Kiara | 50490 Kuala Lumpur, Malaysia
Language: English
Organizers: Securities Commission Malaysia and the World Bank
Fee: No Fees. Participants are responsible for making their own travel and accommodations arrangements. 
Contact: Ms. Ashraf Bouajina (abouajina@worldbank.org) or ppp2017@worldbank.org

Program Venue

Securities Commission Malaysia
3, Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur

Tel: 603-6204 8777
Fax: 603-6201 507
Web: www.sc.com.my

Accommodation and Hotel Facilities

There is a wide choice of hotels in Kuala Lumpur that can meet the needs of international visitors. 

For the convenience of international participants of the conference and roundtable, the following hotels in Kuala Lumpur agreed to provide group rate for the participants on first come first served basis.  Please contact the hotels directly for reservation.

1.      Hilton Kuala Lumpur

Address:

3 Jalan Stesen Sentral
Kuala Lumpur, 50470
Tel: 60 3 2264 226
Web:  www3.hilton.com

Type of Room

Rate

Deluxe room

(with breakfast and internet access)

MYR 490.00++

(MYR 571.00 nett) per room per night

Club room

(with breakfast and internet access)

MYR 690.00++

(MYR 804.00 nett) per room per night


2.      Le Méridian Kuala Lumpur

Address:

2 Jalan Stesen Sentral
Kuala Lumpur, 50470
Tel: 60 3 2263 7888
Web:  www.lemeridienkualalumpur.com

Type of Room

Rate

Deluxe room

(with breakfast and internet access)

MYR 470.00++

(MYR 548.00 nett) per room per night

Club room

(with breakfast and internet access)

MYR 620.00++

(MYR 723.00 nett) per room per night


3.      The Majestic Hotel Kuala Lumpur

Address:

5 Jalan Sultan Hishamuddin
50000 Kuala Lumpur 
Tel: 60 3 2785 8000
Web:  www.majestickl.com

Type of Room

Rate

Deluxe room

(with breakfast and internet access)

MYR 370.00++

(MYR 431.47 nett) per room per night

Junior Suite room

(with breakfast and internet access)

MYR 490.00++

(MYR 571.34 nett) per room per night

Securities Commission Malaysia (SC) will provide daily drop-off and pick-up shuttle bus services to and from SC for hotel guests on May 8 and 9.  Detailed Schedule will be provided by the hotel at check-in. 

Visa Requirements

Most international travellers will need a valid visa to enter Malaysia. Please refer to the link below for visa requirements. Please be advised that that there is NO VISA-On-Arrival at the Kuala Lumpur International Airport (KLIA).

Official Website: Immigration Department of Malaysia.

Please let us know if you need an official visa invitation letter for your visa application by providing the relevant information in the online conference registration form.

Airport Transfer

The Kuala Lumpur International Airport is located 42 miles (70 km) from the city center, and travel time is approximately 45 to 60 minutes by taxi or the Airport Express train.

Airport Limo/Taxi services

Participants can take the Airport Limo (http://www.airportlimo.my/) from the airport to the hotel. You may need to get a coupon for limo or taxi (at a fee of MYR 2) at the Airport Limo counters at Arrival Hall, Main Terminal or the Taxi counter after exiting the arrival area. The cost for the Airport Limo is approx. MYR 80.00 (USD24) per trip from airport to the city center.  

The Kuala Lumpur International Airport Express (KLIA Express)

Participants can also take the KLIA Express Train which runs from the terminal to the KL Sentral train station and the journey takes only 28 minutes.  The train operates at 15-mins intervals during peak hours and 20-mins during off-peak.  The cost for one-way fare is at RM55 (Adult) and RM25.00 (Child), and the return cost is RM100.00 (Adult) and RM45.00 (Child). 

KLIA Express Train

Once you have arrived at the KL Sentral Train Station, you can hire a taxi to continue to your hotel.  The Budget Taxi booths are located on the upper level of the KL Sentral Train Station. Detailed information on and schedule: www.kliaekspres.com/erlsb/default.aspx


General Information

Payment and currency

The unit of currency in Malaysia is the Malaysian Ringgit indicated as RM. Participants are advised to change some currency into Ringgit upon arrival at the first port of entry in Malaysia. There are several licensed money changers at the Kuala Lumpur International Airport (KLIA) at both the arrival and departure halls and in and around hotels in Kuala Lumpur. Major credit cards like VISA and Mastercard are widely used throughout Malaysia. General banking hours are Mondays to Fridays from 9.30 a.m. to 3.30 p.m. ATMS are also available at the arrivals hall of KLIA.

Electricity

The standard voltage in Malaysia is 220 - 240 volts AC at 50 cycles per second.  Standard 3-pin square plugs and sockets.

Language

The official language in Malaysia is the Malay Language.  However, in addition to Malay, many Malaysians speak English and Mandarin. Signs around the country are in Malay and English.

Mobile Phones

If you plan to make numerous calls and/or need to be reached at all times, you can use your international mobile phone as roaming is available in the country.  Otherwise you can purchase prepaid SIM cards (Hotlink, Digi, Maxis, Celcom, U Mobile or Tunetalk) at any phone shop located at KLIA either prior to clearing immigration or at the public area of the KLIA arrival hall, or at shopping malls.

Outings in Kuala Lumpur

Please check Malaysia Tourism Centre website.

Medical Assistance

For any medical consultations and/or in health emergency cases you can rely on the hotel to call a doctor or use the emergency medical contacts listed below.

  • Gleneagles Hospital               Tel: (+603) 4141 3000
  • Kuala Lumpur Hospital           Tel: (+603) 2615 5555
  • Tawakal Hospital                   Tel: (+603) 4023 3599

Climate

Tropical climate with warm weather and rain all year round. The average temperature in May in Kuala Lumpur is 31-34°C.

Contact & Registration Details
  • Venue: Securities Commission Malaysia, No 3, Persiaran Bukit Kiara, Bukit Kiara
  • Location: 50490 Kuala Lumpur, Malaysia
  • Contact: : Ms. Ashraf Bouajina abouajina@worldbank.org or ppp2017@worldbank.org