Robbie Lyle Presentation 2

Building an airport on St.. Helena Robbie Lyle Commonwealth Disaster Management Agency... Helena Airport Access Project with the Department for International Development as Project Promo

Building an airport on

St Helena

Robbie Lyle Commonwealth Disaster Management Agency

St Helena Airport Access

Project

with the Department for International Development as Project

Promoter

Brief History of St Helena

• Strategic role

• Staging Post

– East India Company

• Napoleon

Government Supported Project

Finance Initiative

• First of its kind

• 18 year pay back period, including 4 year

building stage

• Special Purpose Vehicle comprising:

– Government (DFID)

– Private Investors (St Helena Leisure Company

– SHELCO)

– Contractors (Impregilo and others)

– BNP Paribas

• ECGD and SACE guarantees

The Three Cases for an Airport

Moral Strategic

Financial

Disaster Risk Reduction

• Creation of Sustainable Island Economy

• Social Welfare

• Access to Essential Services, such as Healthcare

• Ecological & Geophysical Monitoring

• Air Safety

• Maritime Safety (Monitoring Cruise Liners, Cargo Ships &

Fishing Fleets)

• Radionuclide Monitoring

• Regulating International Fishing Agreements

eg ICCAT

• Administering strategic investment

strategies in the South Atlantic (Oil and Gas)

• Aiding International Disaster Relief

Programmes for both South America and

Africa

• Monitoring Climate Change

• Pivotal for Trade Routes

• Creation of Sustainable Island Economy

• Reduction and eventual Removal of DFID Subsidy

• Offtake Programme which Finances Airport Construction

Map of South Atlantic Flight Information Regions

Possibility of Carbon Credits

• An environmentally friendly airport?

• St Helena as an en route alternate ETOPS airport fuel

reduction

• ICAO, UNFCCC, Copenhagen

• St Helena, Annex 1 or Annex 2?

• St Helena can act as a gateway for South America and

Africa

• A significant new relationship between public and private

financing, which coincides with requirements of

international climate change initiatives

• Improving the lives of those on St Helena

• Returning St Helena to the world stage as a vital strategic

post

St Helena Airport Access

Project Team

• Robbie Lyle – CDMA

• Graham Johnson, Fiona Brenner, Quentin Macfarlane – Pall

Mall Consult

• Patrick Perry – Financial Adviser

Tel: 020 7930 3535

email: rlyle@cdma.org.uk

88 St James’s Street

SW1A 1PL

• Robert Lyle founded CDMA in 2000 with Sir Humphrey Maud, former Deputy Secretary General of The Commonwealth CDMA

offers insurance to small states vulnerable

to natural disasters CDMA are currently in negotiations with the state of Qatar on the creation of a dedicated Insurance

Company to cover the risks of natural

disasters for the Governments of small

states