WHY INVEST IN PERU? Carlos Herrera Perret Investor Services Director PROINVERSION
|
|
- Julian Rice
- 6 years ago
- Views:
Transcription
1 WHY INVEST IN PERU? Carlos Herrera Perret Investor Services Director PROINVERSION
2 ABOUT PROINVERSION The Private Investment Agency of Peru PROINVERSIÓN, is a public entity under the Ministry of Economy and Finance Its Steering Council is composed of 5 Ministers of State and head by the Minister of Economy. PROINVERSION implements national policy on private investment. It encourages the participation of private investments in infrastructure works and utilities, as well as assets, projects and State-owned companies under public and private initiatives. It provides information and services to investors during the execution and development of their investments, especially in investments related to the promotion processes in charge of PROINVERSIÓN. It acts as the National Competent Entity for registration of foreign investments, subscription of juridical stability agreements and contracts for anticipated recovery of VAT. Its scope is nationwide and abroad it acts with the support of the Peruvian diplomatic and commercial missions.
3 WHY INVEST IN PERU? 1. Internationally acknowledged macroeconomic stability 2. Friendly investment environment 3. Open trade and market access policy
4 1. MACROECONOMIC SOUNDNESS Peru among the fastest growing economies in the world World s GDP (Var. Accrued.%) Source: IMF
5 1. MACROECONOMIC SOUNDNESS Peru will continue leading regional growth Peru Gross Domestic Product (US$ Million ) Forecast - LATAM: Real GDP Average annual % variation) Peru Colombia Chile Brazil Argentina Mexico * 2012** Venezuela 3.0 Source: Central Reserve Bank of Peru, Ministry of Economy and Finance, IMF. * Preliminary figures ** Estimated figures
6 1. MACROECONOMIC SOUNDNESS The responsible economic policy granted Peru the investment grade and investors confidence Investment grade 1 Latin America benchmarking Countries as priority destinations for FDI (World Ranking among 21 countries) País S&P Fitch Moody s Chile A+ A+ Aa3 Brazil Brasil (Baa2) 3 4 Dropped 1 position Mexico BBB BBB Baa1 Brazil BBB- BBB Baa2 Peru BBB BBB Baa3 Peru Peru (Baa3) Improved 5 positions Colombia BBB- BBB- Baa3 Bolivia B+ B+ B1 Venezuela B+ B+ B2 Chile Chile (Aa3) Without changes Argentina B B B3 Ecuador B- B- Caa Source: Standard & Poor`s, Fitch Ratings y Moody s. Updated to Sept. 1 st, 2011 Source: UNCTAD WIR 2011
7 2. FRIENDLY INVESTMENT ENVIRONMENT Peru offers a favorable legal framework for foreign investment Non discriminatory treatment: Foreign investors receive the same treatment as local investors. Unrestrictive access to most economic sectors *. Free transfer of capital. Free competition. Guarantee for Private Property. Freedom to purchase stocks from locals. Freedom to access internal and external credit. Freedom to pay royalties. Network of investments agreements and member of ICSID and MIGA. Peru participates in the Investment Committee of the Organisation for Economic Co-operation and Development (OECD) It promotes the implementation of the Guidelines for Multinational Enterprises. *Investments that require authorization: Located within 50 km in the frontier line and those destined to arms, ammunitions and explosive. Likewise, a principal local partner for investments in radio and television as well as in air transport is required.
8 3. OPEN TRADE AND MARKET ACCESS POLICY Working to become a globalized economy, with preferential access to the world s largest markets These countries stand for enlarged market of over 4 billion people with a joint GDP over US$ 56 billion Also represent 96% of Peruvian exports to the world Agreements in force Agreements to become effective Agreements under negotiations
9 Peru Investment opportunities
10 Peru promotes private investments to foster competitiveness and sustainable development by encouraging PPP in infrastructure projects as well as investments that make possible the country reaches its productive development
11 INVESTMENT OPPORTUNITIES IN A WIDE RANGE OF ACTIVITIES
12 GENERAL FLOW OF A PPP PROCESS INCORPORATION TO PROMOTION PROCESS PROMOTION PLAN: GENERAL DESIGN OF THE PROCESS CALL FOR BIDS AND TERMS: RULES OF THE GAME QUESTIONS & ANSWERS SHORT-LISTING OF BIDDERS EVALUATION OF TECHNICAL PROPOSALS CONTRACT: OBLIGATIONS OF THE PARTIES SELECTION OF THE BEST ECONOMIC PROPOSAL SUGGESTIONS AND/OR COMMENTS BY BIDDERS/ENTITIES ARE COLLECTED AWARD CLOSING DATE (SIGNING THE CONTRACT)
13 PORTFOLIO PROJECTS in the short term
14 ONGOING PROJECTS Private investment promotion process up to December projects SECTOR N PROJECTS ESTIMATED INVESTMENT (US$ MILLION)* Agriculture Energy Hydrocarbons Ports and Navigability Land Transport Telecommunication Tourism Culture Capital Markets 2 To be defined Mining 2 To be defined Sanitation Total 22 2,424.3 *VAT is not included, except tourism and culture sectors. In culture sector the estimated cost correspond to operation and maintenance
15 AGRICULTURE AND IRRIGATION PROJECTS 1 PROJECTS 1. Chavimochic irrigation project (III Stage) 2 Comprehensive Choclococha project CURRENT STATUS ESTIMATED INVESTMENT US$ MILLION* To be called To be called PLANNED AWARD DATE Second half of the year 2012 Second half of the year Majes Siguas project Land Sale in Majes Call for tender was made 4.2 Second half of the year 2012 * VAT not included. 2 3
16 ENERGY PROJECTS SECTOR / PROJECT TRANSMISSION LINES CURRENT STATUS ESTIMATED INVESTMENT US$ MILLION PLANNED AWARD DATE 1. Moyobamba Yurimaguas - Nauta-Iquitos Transmission Line Callfor tender was made 330 Secondhalf of the year Cajamarca Norte - Carhuaquero 220 kv Transmission Line and associated substations. Callfor tender was made 130 Firsthalf of the year Machu Picchu Quencoro Onocora -Tintaya 220 Kv Transmission Line Callfor tender was made 70 Secondhalf of the year 2012 THERMAL POWER STATION 4. Stand-by Reserve: Mw Pucallpa plant and Mw Puerto Maldonado plant Callfor tender was made 55 Firsthalf of the year 2012 *VAT not included
17 HYDROCARBONS PROJECTS PORTFOLIO PROJECT 1. Supply System of LPG for Lima and Callao CURRENT STATUS Call for tender was made ESTIMATED INVESTMENT US$ MILLION* 90 PLANNED AWARD DATE Second half of the year Supply system of LNG for domestic market To be called 400** Second half of the year Distribution System of Natural Gas for the center north To be called 100** Second half of the year Distribution system of natural gas for the South * VAT not included. ** Preliminary investment amounts. To be called 100** Second half of the year
18 PORT AND LAND TRANSPORT PROJECTS PROJECT PORT PROJECT CURRENT STATUS ESTIMATED INVESTMENT US$ MILLION* PLANNED AWARD DATE Upgrading and maintenance of navigability conditions of Rivers Huallaga, Ucayali, Marañon and Amazonas To be called Second half of the year 2012 LAND TRANSPORT PROJECT Panamericana Sur highway: Ica border with Chile: Section Dt. Quilca Dt. Arequipa; Dt. Matarani Dt. Moquegua; Dt. Ilo Tacna La Concordia Callfor tender was made 50.8 Secondhalf of the year 2012 * VAT not included.
19 TOURIST, CULTURE AND SANITATION PROJECTS SECTOR/ PROJECT TOURIST PROJECT CURRENT STATUS 1. Kuelap Cable car To be called 10.6* CULTURE PROJECT 2. Management of the National Grand Theater SANITATION PROJECT 3. Operation and maintenance, rehabilitation and improvement of 16 SEDAPAL WWTP * Vatincluded To be called 95 Private Initiative Declared of interest ESTIMATED PLANNED INVESTMENT AWARD DATE US$ MILLION * 35.6 Second half of the year 2012 First half of the year 2012 Second half of the year 2012
20 TELECOMMUNICATION PROJECTS PORTFOLIO SECTOR / PROJECT CURRENT STATUS ESTIMATED INVESTMENT US$ MILLION PLANNED AWARD DATE MHz and MHz Bands in Lima and Callao; and, MHz and MHz Bands for the rest of the country. The call for tender was made Firsthalf of the year MHz and MHz Band Nationwide The call for tender was made Under evaluation Second half of the year * VAT not included.
21 CAPITAL MARKET AND MINING PROJECTS SECTOR/ PROJECT CAPITA MARKET PROJECTS CURRENT STATUS ESTIMATED INVESTMENT US$ MILLION ESTIMATED AWARD DATE 2 1 Sale of shares held by FONAFE (Xtrata Las Bambas, Telefonica S.A., Clinica Internacional, Norsac, Telefonica del Peru S.A.A. and Xtrata Tintaya companies) To be called Under evaluation First half of the year 2012 Sale of shares of Cayalti, Pomalca and Tuman To be called Under evaluation First half of the year 2012 MINING PROJECTS 1. Mining prospects of Huayday Ambara To be called Under evaluation Second half of the year Concession of Remaining Michiquillay Project To be called Under evaluation Second half of the year 2012
22 OTHER INVESTMENT OPPORTUNITIES SECTOR Other projects N PROJECTS ESTIMATED INVESTMENT (US$ MILLION)* Airport Agriculture 3 1, Energy Hydrocarbons 3 To be defined Railway 3 To be defined Real estate Ports Telecommunications 1 To be defined Tourism Land Transport 8 To be defined Capital market 1 To be defined Mining 4 To be defined Sanitation 1 To be defines Total 35 * VAT is not included, except tourism sector
23
1. Internationally acknowledged macroeconomic soundness
WHY INVEST IN PERU? WHY INVEST IN PERU? 1. Internationally acknowledged macroeconomic soundness 2. Friendly investment environment 3. Open trade and market access policy 4. Attractive sectors to Invest
Medellín, Colombia May 3, 2012 FIRST QUARTER 2012 RESULTS. Luis Fernando Alarcón, CEO Camilo Barco, CFO
Medellín, Colombia May 3, 2012 FIRST QUARTER 2012 RESULTS Luis Fernando Alarcón, CEO Camilo Barco, CFO All rights reserved Interconexión Eléctrica S.A. E.S.P. AGENDA Operating Highlights First Quarter
Enabling Environment for Private Finance of Infrastructure
2011/FMP/CON/005 Session 3 Enabling Environment for Private Finance of Infrastructure Submitted by: Peru Conference on the Framework and Options for Public and Private Financing of Infrastructure Washington,
Peruvian mining: A competitive and attractive investment. ING. Victor Gobitz, CEO Buenaventura
Peruvian mining: A competitive and attractive investment ING. Victor Gobitz, CEO Buenaventura INDEX Megatrend I. Location (World Context) II. Natural Resources - Mining potential of Peru - Value and structure
DAVID STUBBS ECONOMIC & BUSINESS UPDATE
DAVID STUBBS ECONOMIC & BUSINESS UPDATE Panama July 2012 Why should I care? Economic health of a country impacts everyone living or investing there. Infrastructure investment Job creation Future real estate
Monetary Policy: A Key Driver for Long Term Macroeconomic Stability
Monetary Policy: A Key Driver for Long Term Macroeconomic Stability Julio Velarde Governor Central Bank of Peru March 2016 Agenda 1. Peru s growth is based on strong fundamentals 2. Recent economic developments
Peru: Recent developments & outlook. Día del Perú Cámara de Comercio de Hamburgo September 11, 2007
Peru: Recent developments & outlook Día del Perú Cámara de Comercio de Hamburgo September 11, 2007 Peru at a glance Key indicators Units Gross Domestic Product (2006) US$ 93 billion Population (2006, estimate)
Wealth Management Services
Wealth Management Services Peruvian legal and regulatory framework April, 2011 Ricardo Haaker Ricardo.haaker@rebaza-alcazar.com 2 Peru at a Glance Population (million): 29,885,340 Area (km 2 ): 1,285,216
Peru: Capital Market and Infrastructure Themes
Latin America Capital Markets Origination August, 214 Peru: Capital Market and Infrastructure Themes John Greenwood Peru Market Themes Macroeconomic Stability and Growth 1 2 Macro Fundamentals Micro Fundamentals
Institutional Investor Presentation
Institutional Investor Presentation República Oriental del Uruguay Ministry of Economy and Finance October 218 1 Congress, National Assembly Strong Institutions and Social Cohesion 2 Uruguay remains a
Corporate Presentation. March 2016
Corporate Presentation March 2016 COFIDE, We are The Development Bank of Peru We are committed to sustainable and inclusive development of our country and all Peruvians, fostering an innovative, socially
Peru Outlook Third quarter July 2017
Peru Outlook Third quarter 2017 July 2017 Summary 1 We project low growth this year with a rebound in 2018, driven by reconstruction and infrastructure spending 2 Fiscal policy: the institutional framework
BUSINESS OPPORTUNITIES IN PERU
BUSINESS OPPORTUNITIES IN PERU GYCS M. GORDON DIRECTOR COMMERCIAL OFFICE OF PERU IN GERMANY OCTOBER 2015 WHY INVEST IN PERU? 1. Internationally acknowledged macroeconomic soundness 2. Friendly investment
Snapshot of the Chilean Economy
Snapshot of the Chilean Economy Economy GDP 2012 GDP per capita (PPP, 2012) Actual interest rate (Monetary Policy, Jan 2013) US$ 268 billion (IMF) US$ 18.354 (IMF) 5.0% Unemployment rate (Avg. 2012) 6.5%
GRAPH 55 OVERALL BALANCE OF THE NON-FINANCIAL SECTOR (% GDP)
ANNUAL REPORT 2013 III. Public Finances In 2013, the non-financial public sector recorded an economic surplus of 0.9 percent of GDP, a lower balance than in 2012 (2.3 percent of GDP). Isolating from the
Peru s fundamentals and economic outlook Julio Velarde Governor Central Bank of Peru. March 2015
Peru s fundamentals and economic outlook Julio Velarde Governor Central Bank of Peru March 2015 Agenda 1. Peru s growth is based on strong fundamentals 2. Recent economic developments and prospects 3.
Republic of Panama Fiscal Performance Third Quarter 2016
Republic of Panama Fiscal Performance Third Quarter 2016 Dulcidio De La Guardia Minister of Economy and Finance Iván Zarak Vice Minister of Economy Eyda Varela de Chinchilla Vice Minister of Finance January
PPP framework and project portfolio in Uruguay PPP UNIT
PPP framework and project portfolio in Uruguay PPP UNIT Context: resilient growth Enhancing the country`s physical infrastructure is a key policy priority of the current administration. The sustained growth
Lancones Iquitos Tumbes. Santiago Marañón. Huallaga. Salaverry Ucayali. Ene. Lima. Pisco. Picco. Mollendo. OIL & GAS RESERVES 4,272 (million boe)
Lancones Iquitos Tumbes Santiago Marañón Talara Sechura Bagua Active basins Trujillo Huallaga Pucallpa Inactive basins Salaverry Ucayali Lima Lima Ene Madre de Dios Pisco Cusco Puerto Maldonado Picco Moquegua
Corporate Presentation. June 2016
Corporate Presentation June 2016 COFIDE, We are The Development Bank of Peru We are committed to sustainable and inclusive development of our country and all Peruvians, fostering an innovative, socially
Chile: Business Environment and Investment Opportunities
Chile: Business Environment and Investment Opportunities Guest Speaker 14:00 15:00 GUEST SPEAKER Martin Pathan Investment Officer Foreign Investment Committee Chile: business environment and investment
THIRD QUARTER 2015 RESULTS Medellin, Colombia November 4, 2015
THIRD QUARTER 2015 RESULTS Medellin, Colombia November 4, 2015 DISCLAIMER ISA THIRD QUARTER 2015 FINANCIAL RESULTS Certain statements contained in this report constitute "forward-looking statements" within
COLCA MINING PROJECT
2018 PERU, ENDLESS OPPORTUNITIES 1.PURPOSE OF THE PROJECT The project comprises the development of mineral exploration to identify the potential of the mining site and determine the economic viability
Management Presentation
Management Presentation August 2013 Disclaimer This presentation is not an offer of securities for sale in the United States or any other jurisdiction. Securities may not be offered or sold in the United
SOVEREIGN ISSUES PLURINATIONAL STATE OF BOLIVIA
SOVEREIGN ISSUES PLURINATIONAL STATE OF BOLIVIA Presented by Roger Edwin Rojas Ulo Vice Minister of the Treasury and Public Credit Ministry of Economy and Public Finance Brussels, 4 April 2014 Bolivia
Management Presentation
Management Presentation June 2013 Disclaimer This presentation is not an offer of securities for sale in the United States or any other jurisdiction. Securities may not be offered or sold in the United
ENERSIS. A unique and sound diversified portfolio in Distribution and Generation of electricity
ENERSIS A unique and sound diversified portfolio in Distribution and Generation of electricity Our main shareholders 60.6% Chilean pension funds 17.3% Other institutional shareholders 6.9% ADR s 10.3%
FIRST QUARTER 2011 RESULTS
FIRST QUARTER 2011 RESULTS ISA ANNOUNCES FIRST QUARTER RESULTS 2011 Medellín, Colombia, May 2, 2011 Interconexión Eléctrica S.A. E.S.P ISA (BVC: ISA; OTC: IESFY) ( ISA or the Company ), a Colombian organization
JALAOCA MINING PROJECT
2018 PERU, ENDLESS OPPORTUNITIES 1.PURPOSE OF THE PROJECT The project comprises the development of mineral exploration to identify the potential of the mining site and determine the economic viability
Monthly Rolling Economic Electronic Presentation August 2017
CHILE AT A GLANCE Monthly Rolling Economic Electronic Presentation August 2017 CURRENT ECONOMIC PERFORMANCE GDP GROWTH (% over same quarter previous year) 3 2,5 2 1,5 1 0,5 0 QIV 2014 QI 2015 QII 2015
Lliclla Early Twentieth Century Cusco Central Reserve Bank of Peru Popular Peruvian Art, Exhibition Hall
Lliclla Early Twentieth Century Cusco Central Reserve Bank of Peru Popular Peruvian Art, Exhibition Hall BANCO CENTRAL DE RESERVA DEL PERÚ IV. PUBLIC FINANCE The fiscal deficit amounted to 0.7 percent
35 OVERALL BALANCE OF THE NON-FINANCIAL PUBLIC SECTOR
ANNUAL REPORT 2014 Public FinancesIII After showing fiscal surpluses in the last three years 0.9 percent of GDP in 2013, the operations of the non-financial public sector registered a deficit of 0.3 percent
Investment for development:
Investment for development: Towards a new generation of investment policies for inclusive growth and sustainable development Anabel González Minister of Foreign Trade, Costa Rica 59th Session Trade and
Peru s fundamentals and economic outlook Julio Velarde Governor Central Bank of Peru. September 2015
Peru s fundamentals and economic outlook Julio Velarde Governor Central Bank of Peru September 2015 Agenda 1. Peru s growth is based on strong fundamentals 2. Recent economic developments and prospects
Peru Field Trip September Repsol in Peru José Manuel Gallego / José Luis Ibarra Country Manager / External Relations Manager
Peru Field Trip September 2010 Repsol in Peru José Manuel Gallego / José Luis Ibarra Country Manager / External Relations Manager Disclaimer ALL RIGHTS ARE RESERVED REPSOL YPF, S.A. 2010 Repsol YPF, S.A.
Investing in Mexico: Challenges and opportunities
Investing in Mexico: Challenges and opportunities Alicia Garcia Herrero Chief Economist Emerging Markets BBVA The 3rd Latin America China Investors Forum (LA-CIF) Beijing September 13th & 14 th, 2011 Index
MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion contains an analysis of our financial condition and results of operations for the nine months
Peruvian Strategic Location in the South Pacific Coast. South and Central America moves 20 million TEUs annually. 1.3 million 4. Callao Port.
Case Study 2 The Concession of a New Container Terminal in the Callao Port ti in Peru Patricio Mansilla Cairo - May 25, 2008 1 Agenda 1. Peruvian Port sector and Institutional Rf Reform 2. Callao s Port
Investor Presentation Colombia Inside Out New York. September, 2014
Investor Presentation Colombia Inside Out New York. September, 2014 1 Disclaimer Certain statements contained in this report constitute "forward-looking statements" within the meaning of the Private Securities
BCI - BREAKFAST 1Q18 EARNINGS REVIEW MAY 2018
BCI - BREAKFAST 1Q18 EARNINGS REVIEW MAY 2018 AGENDA 1. OVERVIEW 2. COMMERCIAL STRATEGY 3. FINANCIAL REVIEW 4. GROWTH OPPORTUNITIES 2 Overview 1Q18 highlights 1 2 In terms of growth activities, in March
Enel Américas FY 2017 results
Enel Américas FY 2017 results Highlights of the period EBITDA of 2,947 musd, an increase of 21% vs 2016 13% increase in Gx and 25% increase in Dx Net Income of 1,127 musd, an increase of 33% vs 2016 1
WEBINAR: RIDING LATIN AMERICA S NEW PRIVATIZATION WAVE. October, 2017 Alvaro Ríos
WEBINAR: RIDING LATIN AMERICA S NEW PRIVATIZATION WAVE October, 2017 Alvaro Ríos Content GELA's institutional presentation Region overview Country summary Argentina Bolivia Brazil Chile Colombia Ecuador
Company Overview Market Overview and Business Strategy Financial Overview Development Key Takeaways
1 Company Overview Market Overview and Business Strategy Financial Overview Development Key Takeaways 2 COMPANY OVERVIEW 3 About AES Gener Operations in 4 markets: SIC and SING in Chile, SIN in Colombia
Peru: and financial system
March 2015 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and provided by third parties,
CHILE S MINING INDUSTRY ON A GLOBAL SCALE. PEDRO PABLO DÍAZ HERRERA AMBASSADOR OF CHILE TO AUSTRALIA Brisbane, 18th May 2011
CHILE S MINING INDUSTRY ON A GLOBAL SCALE PEDRO PABLO DÍAZ HERRERA AMBASSADOR OF CHILE TO AUSTRALIA Brisbane, 18th May 2011 Chile-Australia AUSTRALIA CHILE Population 21,766,711 (July 2010 est.) 16,746,491
COUNTRY GENERAL OVERVIEW
OUR OBJECTIVE TODAY Raise your awareness that there are several Brazilian IT Services and Solutions Providers that are more than capable to fit your bill with great quality, delivery precision and competitive
FOURTH QUARTER 2011 RESULTS
FOURTH QUARTER RESULTS ISA ANNOUNCES FOURTH QUARTER RESULTS Medellín, Colombia, February 28, 2012 ISA S.A. E.S.P. (BVC: ISA; OTC: IESFY) ( ISA or the Company ), a Colombian organization engaged in the
Contents. 1 Peru: Atractive economy and financial system 2 Organization 3 BBVA Continental vs. Peers 4 Social responsibility and Awards 5 Ratings
June 2014 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and provided by third parties,
Pharmaceutical Sector
Pharmaceutical Sector May 2009 1) Where are we coming from? 2) What are we doing? 3) Pharmaceutical market and policies of this sector 2 The country has been growing steadier and faster than the Latin
Contents. 1 Peru: Atractive economy and financial system 2 Organization 3 BBVA Continental vs. Peers 4 Social responsibility and Awards 5 Ratings
September 2014 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and provided by third
FIlE COPY Report INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT REPORT AND RECOMMENDATION OF THE PRESIDENT TO THE EXECUTIVE DIRECTORS ON A
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized FIlE COPY Report RESTRICTED No. p-479 This report was prepared for use within the Bank
Corporate Presentation. As of September 30, Banco de Chile
Corporate Presentation As of September 30, 2016 Banco de Chile Chile: Macro Environment and Financial System Chile: General Overview 0 Sound and prudent Fiscal Policy Long Term Credit Rating Net Fiscal
1H 2014 Results. 22 July 2014
1H Results 22 July first half main figures Proforma data, integrating BBG and Altamira in by the equity method Income statement (mill ) Jan-June Jan-June Var% Income statement Proforma (mill ) Jan-Jun
Risk Mitigation Strategy for Infrastructure Projects
2008/SOM3/IEG/SEM2/012 Risk Mitigation Strategy for Infrastructure Projects Submitted by: Peru Seminar on Recent Trends on Investment Liberalization and Facilitation in Transport and Telecommunication
Corporate Presentation Investor Relations September 2012
Corporate Presentation Investor Relations September 2012 Chilean Economy and Financial System Why invest in Chile? A low risk, open and diversified economy 3 Chile is the highest rated country in Latin
FOREIGN INVESTMENT IN COLOMBIA
FOREIGN INVESTMENT IN COLOMBIA Overview, principles, types of foreign investment, international instruments for the protection of foreign investment, and Pacific Alliance. Bogotá is the first city with
Uruguay: Logistics Hub Free Airport(*)
www.pwc.com.uy Ref.117/15 April 2015 Uruguay: Logistics Hub Free Airport(*) *This information has been prepared for TCU S.A. for informational purposes only. Proper implementation may require additional
Enel Américas 1H 2018 results
Enel Américas 1H 2018 results Highlights of the period EBITDA of 1,652 musd, an increase of 19% vs 1H 2017 despite a negative fx scenario in Argentina and Brazil Generation EBITDA increased by 14% due
India: An Attractive Investment Destination. Department of Industrial Policy and Promotion Ministry of Commerce and Industry
India: An Attractive Investment Destination Department of Industrial Policy and Promotion Ministry of Commerce and Industry Indian economy: growth trajectory Indian economy at USD 4531 Billion (in PPP
Contents. 1 Peru: Atractive economy and financial system 2 Organization 3 BBVA Continental vs. Peers 4 Social responsibility and Awards 5 Ratings
September 2013 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and provided by third
REPUBLIC OF TURKEY PRIME MINISTRY
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Investment Climate in Turkey Beautiful landscape Combination of contemporary and traditional Home of many successful
Section 2: Schedule of Costa Rica
Section 2: Schedule of Costa Rica Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence I. HORIZONTAL COMMITMENTS ALL SECTORS AND SUBSECTORS INCLUDED IN THIS SCHEDULE
Mining Agreements Peruvian experience
Mining Agreements Peruvian experience César Polo Robilliard Marzo de 2009 Peru a mining country 2 Gold Potential is huge 3 More than 200 mining prospects 4 5 Main producers and Mining projects 6 Mining
Corporate Presentation. As of June 30, Banco de Chile
Corporate Presentation As of June 30, 2016 Banco de Chile Chile: Macro Environment and Financial System Chile: General Overview 0 Sound and prudent Fiscal Policy Long Term Credit Rating Net Fiscal Debt
Software Sector May 2009
Software Sector May 2009 1. Software industry in Colombia 2. Services to investors Software Industry in Colombia: - Competitive Operational Cost - Human Resources - Industry Maturity - Infrastructure -
Peru s Fundamentals and Economic Outlook
Peru s Fundamentals and Economic Outlook Julio Velarde Governor Central Bank of Peru October 2016 Content 1. Slow Global Recovery 5. Gradual withdrawal of monetary stimulus 2. Reversal in Peru s external
Corporate Presentation 3Q 2016
Corporate Presentation 3Q 2016 1 DISCLAIMER the forward-looking statements contained herein are based on Management s current forecasts and outlook. For better illustration and decision-making, figures
HOW COMPETITIVE IS THE LATIN AMERICAN COMMUNICATIONS INDUSTRY?
HOW COMPETITIVE IS THE LATIN AMERICAN COMMUNICATIONS INDUSTRY? Martha Rodríguez Director Center for Strategy and Competitiveness April 14, 2008 TABLE OF CONTENTS TABLE OF CONTENTS Network Readiness Index
Uruguay: Macroeconomic Outlook and Financing Strategies for February 1 st, 2018
Uruguay: Macroeconomic Outlook and Financing Strategies for 2018 February 1 st, 2018 Key Highlights of the Uruguayan Economy 1. Robust macroeconomic performance and better outlook for the region 2. Decelerating
Republic of Panama Fiscal Performance First Quarter 2016
Republic of Panama Fiscal Performance First Quarter 2016 Dulcidio De La Guardia Minister of Economy and Finance Iván Zarak Vice Minister of Economy Eyda Varela de Chinchilla Vice Minister of Finance June
CORPORATE PRESENTATION
CORPORATE PRESENTATION 2018 InRetail Overview Peruvian multi-format retailer, with presence in the Andean region through the pharma business Leading positions in Peru in its 3 segments #1 supermarket chain
Latin American Economic Outlook 2008
Latin American Economic Outlook 28 Javier Santiso Director & Chief Development Economist OECD Development Centre Brasilia, 4th March 28 Banco Central do Brasil The OECD and Latin America: An emerging commitment
Development and investment prospects for Brazil. Brazilian American Chamber of Commerce Washington, October 10 th 2014
1 Development and investment prospects for Brazil Brazilian American Chamber of Commerce Washington, October 10 th 2014 2 Guide Growth prospects: sources of dynamism Investment forecast The role of BNDES
Ecuador... From Promise to Reality. Javier Córdova Unda Minister of Mining
Ecuador... From Promise to Reality Javier Córdova Unda Minister of Mining Ecuador is positioned to become one of the world s most attractive new mining regions 1 Promises Delivered 2 Projects are a Reality
International Economic Outlook
International Monetary Fund September 9, 16 International Economic Outlook Alejandro Werner Director Western Hemisphere Department 1 Global and Regional Developments Relevant Issues Global and Regional
Charting Mexico s Economy
Charting Mexico s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June
MULTILATERAL INVESTMENT GUARANTEE AGENCY WORLD BANK GROUP. Political Risk Considerations and Risk Mitigation
I N S U R I N G I N V E S T M E N T S E N S U R I N G O P P O R T U N I T I E S Political Risk Considerations and Risk Mitigation May 12, 2005 George Washington University Who is MIGA? MIGA s guarantees
Investors Report. Third Quarter 2016
Investors Report Third Quarter 2016 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and
A Capital Opportunity. A Global Market for Mining Companies
A Capital Opportunity A Global Market for Mining Companies Disclaimer This document is for information purposes only. While the information herein is collected and compiled with care, neither TMX Group
Crisis in Latin America vulnerability and immunity. Raimundo Soto Universidad Católica de Chile
Crisis in Latin America vulnerability and immunity Raimundo Soto Universidad Católica de Chile The impact of the current crisis in Latin America Pre-crisis Solid economic growth in the last 5 years (5.5%
Peru s Challenges in Higher Education
2015/ISOM/SYM/007 Session II Peru s Challenges in Higher Education Submitted by: Antonio Ruiz de Montoya University Symposium on 2016 APEC Priorities Lima, Peru 10 December 2015 Asia-Pacific Economic Cooperation
Millions of Euros. The GROSS OPERATING PROFIT (EBITDA) for 2000 totals Ptas. 41,545 million, which is 5.7% higher than in the prior year.
RED ELÉCTRICA DE ESPAÑA, S.A. RESULTS FOR THE SECOND HALF OF 2000 1. KEY FIGURES 31.12.2000 31.12.1999 2000/99 (%) Pesetas Euros Pesetas Euros Adjusted turnover 58,774 353.24 56,731 340.96 3.6 Gross operating
GBTA BTI Outlook: Brasil
GBTA BTI Outlook: Brasil 2 nd Half - 2016 Agenda GBTA BTI Outlook Brazil: Overview Methodology GBTA BTI : Global Context Brazil Business Travel Spending Details 2 Overview In 2017, completed 8 th Global
Invest. Colombia. Textile & Apparel Industry. September Hard-Working, Commited, Talented
Invest September 2009 in Colombia Hard-Working, Commited, Talented Textile & Apparel Industry Contents 1. Where have we come from? 2. What are we doing now? 3. The reasons why Colombia is an attractive
Endesa Chile IR Presentation
Endesa Chile IR Presentation As of March 31, 2014 2 Organization structure ITALY 92% Committed Shareholders SPAIN 61% ENERSIS CHILE Chilean Pension Funds 60% 6% 3%3%13% 15% 60% Institutional Shareholders
THIRD QUARTER 2013 RESULTS. Medellín, Colombia November 6, 2013
THIRD QUARTER 2013 RESULTS Medellín, Colombia November 6, 2013 Luis Fernando Alarcón, CEO Judith Cure, CFO(E) All rights reserved Interconexión Eléctrica S.A. E.S.P. AGENDA Operating Highlights Strategic
Peru Economic Outlook
Peru Economic Outlook 1 ST QUARTER 2017 PERU UNIT 01 Our output growth forecast for 2017 has been reduced from 4,1% to 3,5% due to the delay in the execution of infrastructure works 02 Appreciation pressures
Corporate Presentation. June 2017
Corporate Presentation June 2017 COFIDE, We are The Development Bank of Peru We are committed to sustainable and inclusive development of our country and all Peruvians, fostering an innovative, socially
Ministerio de Finanzas. Argentina ś PPP Plan Public Private Partnership Under Secretariat
Ministerio de Finanzas Argentina ś PPP Plan Public Private Partnership Under Secretariat 1 Global infrastructure deficit 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035 2037 2039 Required investment
Considering Market Features in Latin America as Part of a Transfer Pricing Analysis
Considering Market Features in Latin America as Part of a Transfer Pricing Analysis In the context of the various tax and transfer pricing discussions taking place currently internationally, the OECD recently
CORPORATE PRESENTATION
CORPORATE PRESENTATION 2018 InRetail Overview Peruvian multi-format retailer, also present in Ecuador, Colombia and Bolivia through the pharma business Leading positions in Peru in its 3 segments #1 supermarket
Revenue Transparency in Extractive Economies: Innovations and Assessment Tools
Revenue Management in Hydrocarbon Economies: Panel on Transparency and Accountability Revenue Transparency in Extractive Economies: Innovations and Assessment Tools The University of the West Indies, St.
Spain: Opportunities for foreign investors
Spain: Opportunities for foreign investors May 2018 kpmg.es Spain: Opportunities for foreign investors 3 4 Spain: Opportunities for foreign investors Dynamism of Spanish economy After some years of negative
CORPORATE PRESENTATION. October,
CORPORATE PRESENTATION October, 2016 1 COMPANY OVERVIEW KEY STATISTICS Data as of June 30, 2016, unless otherwise noted 5,795 MW of installed capacity(1)(3)(4) US$2.8bn market capitalization(2) 797 MW
The Chilean economy: Institutional buildup and perspectives
The Chilean economy: Institutional buildup and perspectives Vittorio Corbo Governor 1 Outline 1. Introduction 2. Chile s economic reforms and institutional buildup 3. Performance of the Chilean economy
Corporate Presentation November 2017
Corporate Presentation November 2017 Company Overview HIGHLIGHTS Established in Peru in 1922 90+ years of business, 70+ years of alliance with CAT currently operating 17 companies within 10 countries employing
ITAÚ BBA - BREAKFAST 2017 EARNINGS REVIEW February 2018
ITAÚ BBA - BREAKFAST 2017 EARNINGS REVIEW February 2018 AGENDA 1. Overview 2. Commercial strategy 3. Financial review 4. Growth opportunities 2 1. OVERVIEW 3 Overview Company highlights 1 Colbún posted
COLOMBIA : AN INVESTMENT OPPORTUNITY FOR PRIVATE EQUITY FUNDS. Bogotá, October 2011
COLOMBIA : AN INVESTMENT OPPORTUNITY FOR PRIVATE EQUITY FUNDS Bogotá, October 2011 Evolution of Private Equity in Latin America and Colombia Private Equity Funds Migration towards Emerging Markets In 2011,
Doing Business in Latin America. - an Underwriter s personal view
Doing Business in Latin America - an Underwriter s personal view Chartis 2012 Ease of Doing Business 2012 World Bank Ranking Economy 2012 Ranking Ease of Doing Business Singapore 1 Chile 39 Peru 41 Colombia
Peru s fundamentals and economic perspectives
Peru s fundamentals and economic perspectives Julio Velarde Governor Central Bank of Peru March 2014 Agenda 1. Peru s growth is based on strong fundamentals 2. Recent economic developments and prospects