Financing & Business Opportunities Provided by the IDB Group

Transcription

1 The Islamic Development Bank Group Together We Build A Better Future Financing & Business Opportunities Provided by the IDB Group 25 Rajab 1432H / 27 June 2011G Jeddah, Saudi Arabia h t t p : / / w w w. i s d b. o r g 36 th Annual Meeting of the Islamic Development Bank Group (Jeddah, Saudi Arabia)

2 Sequence I. OVERVIEW OF THE IDB II. BUSINESS GROUP OPPORTUNITIES i. IDB Group at a Glance ii. iii. iv. Products and Services Modes of Financing Accomplishments v. Special Funds, Programs & Initiatives vi. vii. viii. Potential Volume of Business Opportunities Procurement Procedures How to Learn about Business Opportunities h t t p : / / w w w. i s d b. o r g Slide 2

3 IDB Corporate Film Audio available in Arabic and French via translation units Language Channel Arabic 2 French 3 h t t p : / / w w w. i s d b. o r g Slide 3

4 IDB Group at a Glance 37 Years in the Service of Development H / G ICD 2009 / 2010 IDB Group Member Countries Authorized : ID 2.0 billion : US$ 3.2 billion Distinct Features 56 Member Countries Authorized: ID 30.0 billion : US$ 48.0 billion Subscribed: ID 18.0 billion : US$ 28.8 billion Group Approvals: US$ 70 billion (cumulative) MDB of the Islamic World South-South Institution Solidarity-based Shariah-compliance Pioneer in Trade Finance AAA-rated h t t p : / / w w w. i s d b. o r g Slide 4

5 IDB Group at a Glance HEADQUARTERS Jeddah REGIONAL OFFICES ITFC IDB IDB Group IRTI Almaty Dakar ICD ICIEC Kuala Lumpur Rabat h t t p : / / w w w. i s d b. o r g Slide 5

6 Members / Entities of the Group Islamic Research & Training Institute (IRTI) Serve as research arm of the IDB, Lead development of the Islamic Financial Services Industry (IFSI) to support socio-economic development of MCs. Activities: training, research, advisory, capacity building, etc. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Boost trade among OIC Member Countries, Offer Shariah-compliant export credit insurance and re-insurance Provide political risk insurance to encourage investment flows. Islamic Corporation for the Devt. Of the Private Sector (ICD) Promote private sector development in Member Countries, Facilitate access to Islamic capital markets, Mobilize additional financial resources for private sector, Promote entrepreneurship, and encouraging cross- country investments. h t t p : / / w w w. i s d b. o r g Slide 6 International Islamic Trade Finance Corporation (ITFC) Advance trade across the Islamic world, Encourage intra-trade between OIC Member Countries, Help businesses to better access trade finance, and Provide them with the necessary traderelated capacity building

7 Government Private Sector NGOs Our Clients 56 Member Countries across 4 Continents + Muslim Communities in Non-Member Countries 1. Afghanistan 2. Albania 3. Algeria 4. Azerbaijan 5. Bahrain 6. Bangladesh 7. Benin 8. Brunei 9. Burkina Faso 10. Cameroon 11. Chad 12. Comoros 13. Cote d Ivoire 14. Djibouti 15. Egypt 16. Gabon 17. Gambia 18. Guinea 19. Guinea Bissau 20. Indonesia 21. Iran 22. Iraq 23. Jordan 24. Kazakhstan 25. Kuwait 26. Kyrgyz Republic 27. Lebanon 28. Libya 29. Malaysia 30. Maldives 31. Mali 32. Mauritania 33. Morocco 34. Mozambique 35. Niger 36. Nigeria 37. Oman h t t p : / / w w w. i s d b. o r g Slide Pakistan 39. Palestine 40. Qatar 41. Saudi Arabia 42. Senegal 43. Sierra Leone 44. Somalia 45. Sudan 46. Suriname 47. Syria 48. Tajikistan 49. Togo 50. Tunisia 51. Turkey 52. Turkmenistan 53. Uganda 54. United Arab Emirates 55. Uzbekistan 56. Yemen

8 Vision for Human Dignity Vision Statement By the year 1440 Hijrah, IDB shall have become a world-class development bank, inspired by Islamic principles, that has helped significantly transform the landscape of comprehensive human development in the Muslim World and help restore its dignity h t t p : / / w w w. i s d b. o r g Slide 8

9 Comprehensive Development Agenda Mission Statement Promote comprehensive human development, with a focus on the priority areas of alleviating poverty, improving health, promoting education, improving governance and prospering the people Nine Key Strategic Thrusts 1. Reform IDB 2. Alleviate poverty 3. Promote health 4. Universalize education 5. Empower women 6. Prosper the people 7. Expand the Islamic financial industry 8. Facilitate integration of IDB Countries 9. Improve the image of the Muslim world h t t p : / / w w w. i s d b. o r g Slide 9

10 Recent Reform at IDB Responsive to Clients Focused Leveraging Partnerships A New IDB Group Scaled up Results Oriented Knowledge- Oriented h t t p : / / w w w. i s d b. o r g Slide 10

11 Products and Services Project Financing Public (Sovereign) Private (Non-Sovereign) and Public-Private Partnerships (PPPs) Trade Financing & Promotion of Intra-Trade between Member Countries Investment & Export Credit Insurance Capacity Development & Technical Cooperation Fund / Asset Management Islamic Economics & Finance Research and Training Development of the Islamic Financial Services Industry Special Activities Science & Technology Program Scholarship Programs Special Assistance h t t p : / / w w w. i s d b. o r g Slide 11

12 Modes of Financing Loans Leasing Installment Sale Istisna a (Construction Financing) Equity Profit Sharing Lines of Financing Murabaha (Trade Financing) Grants h t t p : / / w w w. i s d b. o r g Slide 12

13 Accomplishments US$ Million Group Cumulative Approvals: US$ 70 billion > Project Financing US$ 32.7 billion (47.1%) > Trade Financing US$ 37.0 billion (52.8%) > Special Assistance US$ 0.7 billion ( 0.1%) From IDB OCR only Yearly Approvals since Establishment 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Year h t t p : / / w w w. i s d b. o r g Slide 13

14 IDB s Rating Affirmations AAA & A-1+ Short-Term AAA & P-1 Short-Term AAA & F1+ Short-Term EU Zero Risk Weight h t t p : / / w w w. i s d b. o r g Slide 14

15 Coordination Group Major Development Partners MDBs / Bilaterals h t t p : / / w w w. i s d b. o r g Slide 15

16 Special Funds, Programs & Initiatives Islamic Solidarity Fund for Development (ISFD) Special Program for the Development of Africa (SPDA) Dedicated facility to fight poverty Target Endowment of US$ 10 billion Flagships: Integrated Community Driven Development (ICDD), Vocational Literacy (VOLIP), Microfinance Aims to support investments in social & infrastructure sectors in Sub-Saharan Africa Total Size: US$ 12 billion (US$ 4 billion from IDB Group) over 5 years Jeddah Declaration on Food Security Youth Employment in Arab Countries Supports Member Countries affected by the global food crisis Total Size: US$ 1.5 billion over 5 years Meeting both urgent, medium and long term needs of mainly LDMCs High-level of Unemployment amongst Youth in Arab Countries identified as one of the key causes for recent political turmoil and unrest Total Size: US$ 250 million Areas: Micro-Finance, Vocational Training, Entrepreneurship development, MSME Development, providing advisory services h t t p : / / w w w. i s d b. o r g Slide 16

17 Examples of Recent Projects in KSA Ma'aden Phosphate Fertiliser Complex Hajj Terminal at KAAIA IDB Financing Amount: US$ 100 mil Mode: Leasing Year Approved: 2008 IDB Financing Amount: US$ 105 mil Mode: Leasing Year Approved: 2007 SABIC-YANSAB Petrochemical Project Rabigh Refinery and Petrochemical Project IDB Financing Amount: US$ 150 mil Mode: Leasing Year Approved: 2006 IDB Financing Amount: US$ mil Mode: Leasing Year Approved: 2005 h t t p : / / w w w. i s d b. o r g Slide 17

18 I. OVERVIEW OF THE IDB GROUP Sequence II. BUSINESS OPPORTUNITIES i. IDB Group at a Glance ii. iii. iv. Products and Services Modes of Financing Accomplishments v. Special Funds, Programs & Initiatives vi. vii. viii. Potential Volume of Business Opportunities Procurement Procedures How to Learn about Business Opportunities h t t p : / / w w w. i s d b. o r g Slide 18

19 Potential Volume of Business Opportunities 150 projects US$ 5 billion worth of contracts* to be awarded *(Construction/Supply of Goods + Consultancy) Amounts in US$ million Opportunities during next 3 to 5 Years Translates into: 500 Tenders (Construction/Goods) & Request for Proposals (Consultancy Services) h t t p : / / w w w. i s d b. o r g Slide 19 BUSINESS OPPORTUNITIES

20 Business Opportunities - Geographic Middle East North Africa Others Construction/ Goods US$ 428 Construction/Goods US$ 922 Construction/Goods US$ 3,476 Amounts in US$ million Consultancy US$ 34 Consultancy US$ 73 Consultancy US$ 277 US$ 5 billion Middle East Bahrain, Iraq, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, United Arab Emirates, Yemen North Africa Algeria, Egypt, Libya, Mauritania, Morocco, Sudan, Tunisia Others All other Member Countries h t t p : / / w w w. i s d b. o r g Slide 20 BUSINESS OPPORTUNITIES

21 Business Opportunities Relevant Sectors Amounts in US$ million Construction / Goods US$ 4.8 billion Amounts in US$ million Consultancy US$ 380 million h t t p : / / w w w. i s d b. o r g Slide 21 BUSINESS OPPORTUNITIES

22 Business Opportunities 3 Major Sectors Transportation US$ 1.5 billion Includes Construction + Supply of Goods + Consultancy Energy US$ 1.0 billion Water US$ 0.8 billion h t t p : / / w w w. i s d b. o r g Slide 22 BUSINESS OPPORTUNITIES

23 Procurement Procedures Selection of Contractors International Competitive Bidding limited to IDB Member Countries (ICB/MC) Used for majority of projects Joint Ventures with Non-MC contractors are allowed provided works done by MC contractors are more than 50% Selection of Consultants Shortlist of IDB Member Country firms Used for majority of projects Joint Ventures with Non-MC firms are allowed provided MC firm takes lead h t t p : / / w w w. i s d b. o r g Slide 23 BUSINESS OPPORTUNITIES

24 How to Learn about Business Opportunities Sources of Information: 1)Contractor and Consultant Federations i.e. FOCIC & FCIC 2)IDB Website ( a) Press Release Summary of Projects Approved after each Board of Executive Directors Meeting b) Opportunities section 3)Other Websites, Media and Outlets h t t p : / / w w w. i s d b. o r g Slide 24 BUSINESS OPPORTUNITIES

25 (1) Contractor and Consultant Federations For Contractors: Federation of Contractors from Islamic Countries (FOCIC) Mr. Hamid Jaber, President of FOCIC Address: P.O. Box Amman Jordan Tel.: Fax.: For Consultants: Federation of Consultants from Islamic Countries (FCIC) Mr. Faisal Al-Shawaf, President of FCIC Address: c/o Dr. Bulent Tarcan sok. no: 10 K:4 Fulya Mahallesi Gayrettepe Istanbul - Turkey Tel.: Fax.: Website: To apply, please fill in the FCIC Application Form and send it to the FCIC Secretariat, together with a certificate of registration at the National Association of Consultants or similar bodies at the applicant s country of origin. h t t p : / / w w w. i s d b. o r g Slide 25 BUSINESS OPPORTUNITIES

26 (2) IDB Website ( a) Press Release Summary of Projects Approved after each Board of Executive Directors Meeting b) Opportunities section List of Tender Opportunities for IDB-financed projects h t t p : / / w w w. i s d b. o r g Slide 26 BUSINESS OPPORTUNITIES

27 (3) Other Websites, Media and Outlets a) Magazines & Newspapers (Local / International) b) Offices of the IDB Governor and Alternate Governor c) Embassies and Consulates of IDB Member Countries d) dgmarket ( e) United Nations Development Business (UNDB) Online ( h t t p : / / w w w. i s d b. o r g Slide 27 BUSINESS OPPORTUNITIES

28 Thank You The Islamic Development Bank Group h t t p : / / w w w. i s d b. o r g h t t p : / / w w w. i s d b. o r g Slide 28