cpcs transcom limited
stephanie moved on from the edc to join cpcs transcom limited in march 2015. cpcs transcom limited is a global consultancy firm specializing in infrastructure development advisory services in transport, energy and urban development sectors .
cpcs transcom became a niche player in transportation commercialization – specifically in africa’s rail sector. in fact, cpcs transcom was transaction advisor for the successful concessioning of eight railways in africa and our efforts in this sector won us a world bank president’s award of excellence .
in 1989, cpcs became independent of cp through a management buy - out. it later merged with the transport commercialization arm of hickling transcom .
cpcs has a global footprint and we’ve completed projects in more than 120 countries .
cpcs also offers competitive benefits packages, and takes part in volunteer opportunities in each community where we operate .
we are diverse. cpcs’s multicultural team can provide unique perspectives. our team consists of 19 different nationalities .
cpcs’s story traces back to the construction of the canadian pacific railroad (cp) in the late 1800s .
“the type of experiences i have had at cpcs are beyond what i would have gotten in another position. ”
north american practice: in 2006, the north american practice was formally created as a division of cpcs and operates with its own dedicated team. this has allowed cpcs to better respond to the specific needs of clients in north america and to develop a depth of experience specific to this market. the practice continues to draw on cpcs' s global experience and experts as needed .
cpcs offers a collegial, challenging and varied work environment with a strong focus on learning. here is what our staff say :
clients soon hired cpcs to translate their rail ppp expertise into the port, marine and power sectors. by 2007 / 08, c
while nigeria railways corporation (nrc) does operate a limited commuter service, it is inadequate to meet current demand. expanding rail transit in lagos has been discussed in numerous transport studies dating back to the late 1970s and early 1980s with the existing line as well as several city streets frequently touted for a new public transport corridor, but all of these proposals ultimately came to nothing .
in addition to conceptual design, canadian consultancy cpcs was appointed under a contract in 2006 to undertake a pre - feasibility study and conceptual design for the blue line .
the work culture at cpcs and the types of projects we do will push you to gain new capabilities and gain experience in areas beyond what many other jobs would allow .
we are forward thinking. in a male dominant industry, cpcs’ fresh approach involves selecting top talent for our teams, women and men. our team consists of 41% women .
cpcs has been honored with the world bank' s award of excellence, the canadian award for international cooperation, and a canadian award for international development (best transport services project) .
recognizing the significant depth of expertise it had developed; cp established a consulting arm in 1969 - canadian pacific consulting services (cpcs), to advise governments and other transportation services providers around the world .
the fittskills courses introduced me to the fundamentals of international project management and international trade finance, knowledge i have used in my current (cpcs) and previous (edc as the 2012 - 2013 edc - fitt intern) jobs, respectively .
cpcs provides advisory services across a broad spectrum of infrastructure sectors, including: ports, rail, urban (transit and property development), power, marine, multimodal logistics and roads. our team brings international expertise in the areas of transaction structuring, public - private partnerships (ppp), financial and economic modeling, legal and regulatory reform, operations, engineering and social and environmental advisory. this strong combination of in - house commercial and technical expertise is what makes cpcs different and has enabled us to successfully complete over 900 projects in 80 countries .
cpcs has a dynamic international team of experts and administrative support staff. being a part of the team is like being a part of a large extended family. the work environment is friendly and supportive with staff actively encouraging and motivating each other to produce the best possible services for our clients, as well as the best possible working environment for staff. cpcs believes in a healthy work / life balance and we enjoy celebrating each other' s successes both personal and professional. this positive environment reflects in the attitudes of our team and in our working relationships with clients .
although rail vehicles can be transported and re - deployed elsewhere, fixed infrastructure by its very nature does not have this flexibility. as a result cpcs determined early on that this element of the project would be less attractive to private investors and public funds would be required from the start .
to test the theory that demand would be sufficient to allocate revenue risk to the private sector, cpcs developed a full operating cost and financial model. the model assumed that the lagos state government would fund most fixed infrastructure, and the concession for passenger rail service and infrastructure maintenance would be tendered. lichti says this approach was beneficial for several reasons :
cpcs is an international professional services firm that has been providing specialized infrastructure development advice to public and private sector clients since 1969. specializing in mobilizing private investment in public infrastructure and services, we develop strategies and programs that ensure sustainable infrastructure service delivery and promote economic growth. we are currently the third largest company in canada for consulting projects funded by international financial institutions - a significant portion of our work has been implemented in challenging international markets .
cpcs is an international professional services firm that has been providing specialized infrastructure development advice to public and private sector clients since 1969. specializing in mobilizing private investment in public infrastructure and services, we develop strategies and programs that ensure sustainable infrastructure service delivery and promote economic growth. we are currently the third largest company in canada for consulting projects funded by international financial institutions - a significant portion of our work has been implemented in challenging international... more »
in a short period of time, cpcs' north american practice has established itself as market leader. we continue to bolster our presence and team in this market in response to a growing volume of work. since 2006, we have completed over 50 assignments for both public and private sector clients. public sector clients include municipal, provincial and federal governments as well as agencies. private sector clients have included port operators, class 1 railways and other logistics providers as well as private debt and equity investors .
rail projects, and in particular passenger rail projects, are inevitably capital intensive and require large amounts of up - front investment. mr derrick lichti, a principal consultant and head of the modelling and urban transport practices at cpcs, who was the team leader of the demand study for the lagos project, says that the preliminary analysis clearly showed that the capital investment for all fixed infrastructure could not be borne by the private sector alone. as a result he says the project was structured in a manner that required infrastructure investment by both the government and private parties .
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urltoken
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construction is underway on the initial 8km section of lagos' first metro line. doing business in nigeria has traditionally been a difficult proposition for foreign companies, but as kevin smith discovers, by enacting an effective ppp financing structure the lagos area metropolitan transport authority has attracted the international project management expertise required to get the blue line up - and - running .
with a population of 20 million, which is growing by an estimated 3. 2% every year, lagos is one of the largest cities in africa. it is also one of the most congested cities in the world .
despite the lagos area metropolitan transport authority (lamata) successfully introducing a rapid bus network in 2008 which now carries 200, 000 passengers per day, relying on bus transit alone is simply inadequate for a city of this size. as a result this service is currently supplemented by a large fleet of minibuses, known locally as danfos, which are designed to carry 10 to 15 passengers. however, the demand for their services is so high that it is not uncommon to see 20 to 30 people squeezed in for their morning commute .
the danfos are not the only element of the transport system which is overcrowded. the streets themselves are clogged with cars which means that cross - city journeys take hours, much to the frustration of residents .
this dire situation is, though, about to improve through the launch of the 27km east - west blue line of lagos' new metro, with construction of the first 8km phase now underway .
the blue line was suggested as long ago as 1980 when it was included in the transport master plan, and was initially conceived as a single project. however, following the financial crisis of 2008 it was decided to split the project into two phases; the first 8km phase from mile 2 to national theatre is projected to open in 2016, and the line from national theatre west to okokomaiko, and east across a bridge to marina on lagos island is projected to open one to two years after that .
the line is being built to standard gauge and will have 600v dc third rail electrification. trains will operate at 5 - minute headways during the peak and at 10 - minute intervals at other times, and once fully operational the line will have sufficient capacity to carry 60, 000 passengers per hour, per direction. several of the planned 13 stations will be located in the central reservation of the new 10 - lane badagry expressway toll road where the line will run west of eric moore road close to ignamu station. on the stretch east of the new road to marina the line will be elevated .
the blue line is part of plans for a comprehensive network for the city which could eventually span seven lines. an extension of the blue line west to ojo is envisaged as the next phase of the lagos rail network which also includes the red line, a 35km north - south route from agbado to marina which will connect with the extension of the blue line to marina on lagos island and share existing nrc infrastructure going north. it will serve 14 stations and early projections show the service carrying up to 500, 000 passengers per day. the red line sponsors are currently trying to negotiate access to the right - of - way .
lamata, which was formed in 2003 as a semi - autonomous agency of lagos' state government, was keen to explore the use of public - private partnerships (ppps) for the implementation of its rail projects following the success of a similar ppp venture for the bus scheme .
lagos state government funds and well - subscribed bond sales were expected to provide the necessary funding to construct the fixed infrastructure. although a major upside for the implementation of the project, lichti says investor appetite for the operations and maintenance contract was still uncertain. as a result an extensive demand study and financial analysis was required to determine the parameters under which an operations and maintenance concession would operate .
it is no big secret that passenger services are rarely profitable ,
lichti says .
the demand study carried out for the blue line demonstrated what anyone who has ever driven in lagos knows - there are a lot of people travelling throughout the city at all hours of the day. this was a critical finding because it was still undecided who would take revenue risk on the project. given the government' s major financial commitment to build the fixed infrastructure, it was preferable for the revenue risk to be allocated to the operator .
lichti adds that one of the other key findings of the demand study was that lagosians were spending a staggering amount of time transiting throughout the city .
this did not go unnoticed by the project team, who often experienced a three to five hour round - trip from national theatre to okokomaiko ,
he says .
the economic impact of the blue line will be incredible .
the study consequently found that a segregated rail mass transit system would cut this journey time to less than 30 minutes each way, regardless of the time of day, and estimated demand at 300, 000 passengers per day by the end of the first year of full operation, which using a fixed tariff of approximately $ us 1 (at 2008 prices), meant that revenue potential was strong .
• private capital could be used to fund other investments - for instance a purpose - built gas - fired power station has been proposed by the preferred bidder to power the trains with the potential to sell excess power into the public grid, generating additional revenue .
after the conceptual design was completed in 2008, tender documents were issued in an international rfp following an initial prequalification. separate tenders were released for the construction of the fixed infrastructure and the operations and maintenance (o & m) concession. multiple bids were received for both tenders, and following negotiations, a contract was awarded for the construction of the fixed infrastructure to china civil engineering construction company (ccecc) .
in the case of the o & m tender, negative bids were permitted. however, both bids received included concession payments to be paid to the government over the course of the 25 - year concession. this vote of confidence for the project structure solidified the objective to allocate revenue risk to the private sector, minimising the need for government involvement post - construction .
in 2010 the contract was awarded to preferred concessionaire, eko rail, a nigerian company backed by emerging markets investment firm verod capital management and supported by first class partnerships, britain, which is providing technical and commercial assistance, investec bank, and several legal partners .
mr michael schabas, a partner of first class partnerships, who is leading fcp' s work in nigeria, says that in its operation plans for the line, eko rail has emphasised developing strong links with other public transport modes by offering through - tickets for buses. he says the concessionaire is also encouraging developments in and around stations and they are working with the lagos state government to improve paths and walkways to the stations to make lagos a more pleasant place to be and travel .
we are even looking at how cycling could be encouraged and reintroduced to lagos ,
schabas says .
people used to cycle in the city 50 years ago but now the traffic is so bad that it is almost impossible .
eko rail is also in the process of establishing its own 25mw gas - thermal power station to supply electricity to the line, which will be located at the depot in okokomaiko. schabas says the concessionaire is not interested in getting involved in the electricity business, but admits there is potential to sell excess power into the grid .
as the o & m concessionaire, eko rail is of course responsible for installing signalling and telecommunications systems and purchasing rolling stock. while schabas says discussions about the signalling system are continuing, eko rail confirmed in september 2011 that it had purchased 255 subway cars from toronto transit commission (ttc) for use on the line. despite being 35 - years - old, schabas says the vehicles offer amazing value because apart from the first 10 - 15 years of their life, they were used only on peak services in toronto clocking up around 70, 000km per year .
schabas says that the trains are formed of a steel frame and a riveted aluminium bodyshell with no welded joints. he adds that they were one of the first metro trains in the world to use regenerative electrical braking and are extremely energy efficient. as a result the brakes blocks are all in extremely good condition with ttc reporting that replacements are rarely required .
we purchased these trains with the view that they will last the entirety of our 25 - year term ,
schabas says .
they are not likely to fail, or fall apart, but would require a midlife refurbishment to replace the usual things. we are starting to take delivery of the trains now and the abnormal track gauge in toronto [ 1485mm ] means that we are going to replace the bogies. we are still negotiating with potential companies which will carry out these upgrades, but gmi in the united states has dismantled and assessed two of the cars and they have found they that are in good condition. the nature of toronto' s system means that they are very clean, there is no graffiti, and if you ride the train there you do not see any litter. we think we have got a very good deal for some very good trains .
eko rail expects to use around a third of the trains on the blue line, but was obliged by ttc to buy the entire fleet. initially it had hoped to use them if it was selected as the concessionaire for the red line project but if this does not happen, eko rail will look to sell approximately 124 cars which schabas says are ideally suited to a new metro start - up, like lagos .
in a city currently crippled by lack of infrastructure investment, the blue line will revolutionise travel along the east - west corridor and save millions of hours every year. schabas says he and his partners' experience in lagos has been very good, stating that contrary to reports it is a safe city that is getting cleaner with
what once were piles of garbage being replaced by parks every time i visit .
of course the project is also a source of local jobs. and while there is an abundance of low - cost low - skilled labour, it has been more difficult to fill highly - skilled jobs with local professionals. but where nigerians might have looked to london or new york for better paid jobs in the past, the commitment of the lagos state government to invest in local infrastructure and utilise a successful ppp hints at more attractive opportunities at home. and with a growing economy, and the most stable banking system in africa, all spurred on by a visionary governor, lagos appears to be emerging as a prosperous african destination .
in 1960 lagos was the singapore of west africa and there is no reason why it cannot be again ,
schabas says .
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data science analyst & cartographer - iau (ottawa or washington d. c. )
we have been drawn together by our interest in global infrastructure growth and the strengthening of economies – we are united from all parts of the world, our team synergy fosters excitement for every project and we work as one creative unit to overcome problems and make your visions a reality .
we are unique. with over 100 staff; management consultants, economists, financial analysts, planners, infrastructure engineers, ppp experts, operations experts, institutional specialists, social and project managers .
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we provide strategic advisory services specific to transportation and power infrastructure, and related operations, investment, policy and regulation. we also help mobilize private investment in public infrastructure, specifically through public - private partnerships (ppp) .
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cp was one of the earliest, and arguably the largest public - private partnership (ppp) in canadian history. cp evolved to become a recognized leader in global transportation services, which included rail, shipping and air transportation businesses .
solidified its presence in the power sector by shepherding the federal republic of nigeria through the process of privatising its electricity sector .
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, where she specializes in project finance and legal issues surrounding international infrastructure projects .
she is an ambitious, motivated individual who has a passion for experiencing the world through travel and working with people from different cultures. it is largely this attitude that is responsible for inspiring her career in international trade .
st. augustine summed up my perception of international travel quite nicely: ‘the world is a book and those who do not travel read only one page. ’
stephanie has excelled in her educational and professional careers. she has a bachelor of science degree from the university of toronto and a law degree from osgoode hall law school at york university, where she placed first in business associations and specialized in international, comparative and transnational law .
it was during her final year in her undergraduate studies that she first got a taste of international consulting, setting her future career in global trade in motion. she was a researcher to the university of zambia, living there locally to conduct an assessment of the university’s hiv / aids policy .
“although i missed my convocation because of field work, the experience on its own was life changing. i was introduced to the wonderful world of consulting, but had no idea at that time i would be spending the majority of my career exporting consulting services to improve infrastructure in developing economies. ”
i am a natural explorer who has always embraced cultural differences. i have a fire for travelling and doing business in foreign countries. based on my soul searching, i decided that a career in international trade was the best fit for my personality and interests .
upon discovering her interest and aptitude for international consulting, stephanie pursued further education in international studies. she complemented her degrees with a diploma in international trade from the fitt - accredited international business program at sheridan college .
one of stephanie’s proudest accomplishments is being awarded the edc - fitt internship after completing her studies at sheridan college .
“i was elated when i was offered the edc - fitt internship at the conclusion of the fitt - accredited international business program at sheridan college. i knew it was the beginning of a fun and stimulating career in something that i was extremely passionate about. ”
she decided to take her success one step further by differentiating herself in the global trade industry with a specialized designation, earning her elite citp® | fibp® in 2013 .
i pursued the citp® | fibp® designation simply because it is the world’s leading professional designation for global business practitioners. it is a symbol of my dedication and passion for international business that i wear proudly for my clients .
stephanie worked at edc from 2012 – 2014, doing rewarding work in multiple different roles. she has advised canadian exporting companies on financial products to help them maximize sustainability and grow globally. she also participated in structuring security packages and negotiations for complex secured lending transactions across a range of jurisdictions .
their clients include every level of government in canada, foreign government departments and agencies, private sector businesses and all major international financial institutions including the world bank, african development bank, and asian development bank .
as a senior consultant, she is a project finance and legal specialist, responsible for providing transaction advice on international infrastructure projects involving ppp (public - private partnership), privatization, and restructuring of state - owned facilities. she assists clients with ppp structuring, tender documentation, legal agreements and negotiations .
one of the projects stephanie is most proud to be part of is the us $ 3. 8 billion north - south railway project in the philippines, the largest ppp in the philippines to date, in which she has an advisory role .
the project aims to revive the national railway and will and will connect metro manila to currently underserved areas in southern luzon. this exciting, groundbreaking project will have a major impact on the people of the philippines, an area of surging economic growth and development .
on top of her professional occupation in international trade, stephanie is also active in the organization of women in international trade (owit), serving on the executive board as vice president, programs .
she is a member of the community addictions peer support association (capsa) and the international bar association’s international construction projects committee .
with all of those accomplishments under her belt, it’s clear that stephanie’s drive and vision can take her anywhere she sets her sights. we can’t wait to see what she does next .
advance your career and build your professional credibility in the field of global business by earning the certified international trade professional (citp) designation .
the certified international trade professional (citp) designation is the world’s leading professional designation for the field of international business. so whether you’re new to global trade or have over a decade of direct experience, you’ll find the citp designation can help advance your career and build your professional credibility .
the citp designation sets you apart in the competitive international business industry because it’s proof you possess the competencies global business experts have identified as being essential for a successful career in international trade. it also recognizes your dedication to ethical business practices and ongoing professional development—both of which are desirable traits for today’s global business practitioners .
i am a content marketing specialist for the forum for international trade training (fitt). you can find some of my work on tradeready. ca. my background is in copywriting, journalism and social media. my passion lies in connecting people to the stories that are most important to them. view all posts by pamela hyatt
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cpcs transcom limited [ can a bot or someone please add a self-promotional or peacock language template . the tone of this article 's introduction badly needs fixing ] . ( commonly known as cpcs ) is an award-winning international infrastructure development firm specialising in private sector participation in transportation and power infrastructure , operations , investment , policy and regulation . an ottawa , ontario-based company , cpcs operates in more than 80 countries worldwide , particularly in africa and southeast asia . established in 1996 via a merger of firms , hickling transcom and cpcs international , cpcs transcom was recognized by the 1999 canadian information productivity awards for its " comprehensive information and systems core business strategy " . cpcs is governed by a board of directors that includes a full complement of non-executive directors . 
cpcs transcom limited [ can a bot or someone please add a self-promotional or peacock language template. the tone of this article's introduction badly needs fixing ]. ( commonly known as cpcs) is an award-winning international infrastructure development firm specialising in private sector participation in transportation and power infrastructure, operations, investment, policy and regulation. an ottawa, ontario-based company, cpcs operates in more than 80 countries worldwide, particularly in africa and southeast asia. established in 1996 via a merger of firms, hickling transcom and cpcs international, cpcs transcom was recognized by the 1999 canadian information productivity awards for its " comprehensive information and systems core business strategy ". cpcs is governed by a board of directors that includes a full complement of non-executive directors.
cpcs transcom limited [ can a bot or someone please add a self-promotional or peacock language template. the tone of this article's introduction badly needs fixing ]. ( commonly known as cpcs) is an award-winning international infrastructure development firm specialising in private sector participation in transportation and power infrastructure, operations, investment, policy and regulation. an ottawa, ontario-based company, cpcs operates in more than 80 countries worldwide, particularly in africa and southeast asia. established in 1996 via a merger of firms, hickling transcom and cpcs international, cpcs transcom was recognized by the 1999 canadian information productivity awards for its " comprehensive information and systems core business strategy ". cpcs is governed by a board of directors that includes a full complement of non-executive directors.