Project Financing Models

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Preston Freeman
6 years ago
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2 Project Financing Models Implementation of an e-passport or eid card can cost $ millions. There are 3 ways for a Government to allocate the budget: Direct Payment BOT (Build-Operate-Transfer) PPP (Public-Private Partnership) The payment is settled through Government funds, usually in parts: advance payment and final payment. A company-subcontractor (or integrator) invests in the project, receiving royalty from each issued document. Government partners with a local Company to share costs, risks and revenues. How a Government can get ROI as soon as possible?

3 Ways to return investments 1. Document Fee 2. Shared income 3. Value-added services (VAS) 4. Fraud decrease 5. High demand for e-documents

4 Electronic Document is a door-opener The implementation of an electronic document brings along a big supporting environment, which should be built apart from the eid project Population registry system Biometric database Centralized citizen authentication system, relying on eid document and biometry verification and accessible by government institutions and private companies (banks, insurance, mobile operators, healthcare, internet merchants, etc.) E-Government E-healthcare system E-social payment ecosystem (like Huduma) E-DL portal Payment system for government-related payments processing

ID documents as a door to e-government 1. e-id card or an e-passport can be used as a key to access various doors or ecosystems within e-government. 2. e-id cards don t require multiple applications.

6 ID documents as a door to e-government 1. e-id card or an e-passport can be used as a key to access various doors or ecosystems within e-government. 2. e-id cards don t require multiple applications. The primary functions are identification and authentication, and can be integrated with external systems/portals for secure authentication and electronic transactions. BUT, additional payment application might serve as important tool for financial inclusion on national level. 3. Main requirement to e-id documents for authentication high quality and integrated secure components to avoid fraud.

Implementing e-government Benefits for Authorities Implementation of e-government together with a strong Identity Ecosystem positively impacts: Increased security Convenience for citizens

7 Implementing e-government Benefits for Authorities Implementation of e-government together with a strong Identity Ecosystem positively impacts: Increased security Convenience for citizens Self-service approach Time and money for citizen communication with government Reduction on governmental spending on administration Economical growth Attractive investment landscape Country stability, tourism and other businesses

e-government trends 1. Society goes digital on a global scale. 2. Establishment of common platforms (web & mobile). 3. Urge for data openness and data security. 4.

8 e-government trends 1. Society goes digital on a global scale. 2. Establishment of common platforms (web & mobile). 3. Urge for data openness and data security. 4. Integration and interoperability required across government. 5. Need for public/private sector collaboration. 6. Citizen centric process simplification. 7. Increasing correlation between e-governance and GDP growth.

About Huduma Card The Huduma Card was launched in 2015 within the running programme Huduma Kenya, previously launched in 2013.

Kenya It combines international MasterCard payment app, 2 local payment apps and identification app which includes biometrics.

10 About Huduma Card The Huduma Card was launched in 2015 within the running programme Huduma Kenya, previously launched in It s a multi-application electronic card, which embraces Identity and Payment functionalities. Kenya It combines international MasterCard payment app, 2 local payment apps and identification app which includes biometrics. Kenyan citizens participating in the card programme automatically get a bank account and are enrolled in the key government services such as the National Social Security Fund (NSSF), National Hospital Insurance Fund (NHIF). This ensures access to private and public services for all Kenyans especially socially excluded in rural areas.

About Huduma Card The Government of Kenya partnered with 4 local banks: Kenya

to disburse its social payments through the cards.

11 About Huduma Card The Government of Kenya partnered with 4 local banks: Kenya Commercial Bank (KCB Group), Equity Bank, Commercial Bank of Africa (CBA) and Diamond Trust Bank (DTB). Kenya All banks are in charge of distribution of the card and ensuring its uptake, bearing the costs of the project. Ministry of Public Service, Youth and Gender Affairs, Huduma Kenya Secretariat are to disburse its social payments through the cards. There are 12+ government institutions involved in the programme, including the National Youth Service (NYS), Youth and Women Enterprise Fund and Uwezo Fund amongst others. More about the Huduma Card:

12 Summary A well-functioning ID system is capable to strengthen national capacity, reduce corruption and boost state economy. Based on average price and estimates of potential savings both for the state budget and also for the citizen the robust eid system can be a truly successful investment. Electronic ID not only allows more accurate identification based on holder s biometrics, but also provides possibility to combine multiple functionalities in one card. Choosing right functionalities and making sure citizens would clearly understand benefits, will ensure greater ROI.

13 About us WHO WE ARE X Infotech is a global provider of software solutions for digital identity documents and smart cards. WHAT WE DO We help governments, local document producers and banks to implement eid and financial/social cards programs, providing the complete IT infrastructure and empowering them to take full and autonomous control of their projects and businesses. OUR MARKETS Government electronic Identity, electronic payment/smart cards, electronic Healthcare cards, Border Control solutions. OUR CUSTOMERS Governments (ministries and federal units), Banks and Financial institutions.

14 Visit us at booth B21

X Infotech Software Solutions for Social Multi-application Cards New opportunities for governments, banks and unbanked citizens

X Infotech Software Solutions for Social Multi-application Cards New opportunities for governments, banks and unbanked citizens Social Card Programmes Cards Which Transform Lives Social Card: concept and