拉美待建项目展示模板Project Presentation

Legal
Posse, Herrera & Ruiz Abogados
Finance
Structure S.A. Banca de Inversión
Environmental
Ambiental Consultores / TAU / Sanchez Herrera
Social / land acquisition
Ruta del Sol
Project Presentation
Advisory services provided by:
December 2008
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Disclaimer
No representation nor guarantee, implicit or explicit, is made in this document and no responsibility of any kind is or will be acknowledged by any of the Government of Colombia or IFC, in relation to the accuracy or definitive content of this presentation, and no responsibility in relation to the use of this presentation will be accepted by any of the parties. The Government of Colombia reserves the right to rectify or modify any information contained in this presentation at any time, without prior justification or warning. This presentation does not constitute, in any case, either a request for tender, or the expression of a preference or a guarantee of any kind whatsoever on any tender in a forthcoming auction or similar negotiation. Each of the Government of Colombia or IFC declines any responsibility for any the content of this presentation. A request for bids, with specific rules, could be presented in the future.
Source: Proexport.
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I. Business opportunity
Colombia
• Foreign Direct Investment – most recent major flows
• Sab Miller (South Africa, 2005) – US$ 4,715 million • Acquisition of Bavaria, the largest brewery in Colombia • Drummond (USA, 2006) – US$ 1,550 million • Doubling coal production for export through the Caribbean • Glencore International AG (Switzerland, 2007) – US$ 2,000 million • Cartagena refinery plant investment • Votorantim (Brazil, 2007) – US$ 490 million • Acquisition of 52% of Paz del Río steel plant • Phillip Morris (USA, 2005) – US$ 300 million • Acquisition of Coltabalco, Colombia’s major tobacco company
Sector associations Investors Financial institutions
INCO
Presidency Coordinator
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I. Business opportunity
Possibility of bidding for one, two or three segments.
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I. Business opportunity
Colombia
• PIB: High and stable growth rate • Country with the largest cumulative growth in Latin America since 2001 • Real annual growth rate 2003-2007: 5.9%. 2007: 7.7% • Inflation: Low and stable • Colombia has never experienced hyperinflation. One digit rates since 1999 • Inflation 2007: 5.7%. Forecast 2008 (EIU): 6.0% (Latin America: 7.2%) • Central Bank’s target inflation: 2009: 5%, 2010: 4% • Exchange rate: Stable • 2007: 10% revaluation in USD and 0.5% in Euro. Avg. exchange rate (USD) COP$2,078 • 2008: Average exchange rate (USD) January - October COP$1,900
investment of around US$ 2,600 million.
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I. Business opportunity
Ruta del Sol • Existing toll plazas with extensive historical traffic counts. • Traffic of over 5,300 vehicles per day (57% trucks) in areas with highest
Source: Departamento Administrativo Nacional de Estadística. Banco de la República.
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I. Business opportunity
Colombia
• External debt • Colombia has never defaulted on its international financial obligations • Only LA economy that didn't restructure its debt during the crisis of the 1980s • Sovereign risk • One notch away from Investment grade • Long term sovereign debt in foreign currency: BB+ (Standard & Poor’s) and Ba2 (Moody’s). • Direct foreign investment • 4.2x increase since 2002 • 2005: US$10,252 mill (highest in history). Estimated 2008: US$ 12,000 mill • Exports • 2.5x growth between 2002 and 2007 (from US$12,000 mill to US$30,000 mill) • Tourism • 2x visitors increase between 2000 and 2007 (from 1 to 2.1 million)
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Contents
I. II. Business opportunity Project description
• Location and scope • New road corridor • Existing road corridors
III.
Timetable
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I. Business opportunity
Ruta del Sol • One of Colombia's main corridors stretching over more than 1,000
kilometers (625 mi).
• Connects the center of the country with the Caribbean coast by crossing 9
Source: Proexport.
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I. Business opportunity
Ruta del Sol: Government’s objectives
• • • • •
Improve the existing infrastructure to increase competitiveness, promote economic growth and improve the quality of life of the population Create a road concession model that enables long term financing Optimize the use of public resources and risk allocation between the public and private sector Consolidate best international practices in bidding processes Implement an efficient, swift and transparent bidding process