Torino, October 28th, Automotive industrial platforms by MEDZ

Size: px
Start display at page:

Download "Torino, October 28th, Automotive industrial platforms by MEDZ"

Transcription

1 Torino, October 28th, 2015 Automotive industrial platforms by MEDZ

2 Sommaire About MEDZ MEDZ offer Atlantic Free Zone Platform

3 About MEDZ

4 Key Figures Capital : 156 million Euros 100% owned subsidiary of CDG Group (Caisse de Dépôt et de Gestion) More than 150 employees More than 1 Billion Euros investments achieved during the past 5 years

5 Partnership with the government Program settled to expand strategic sectors in Morocco, with the development of industrial platforms : AFZ in Kénitra (automobile), MidParc in Casablanca (Aérospace), Casanearshore, Rabat Technopolis, Fès Shore, Oujda Shore (offshoring), etc. Plan Maroc Vert with the development of platforms dedicated to agro processing industry Agropolis (Saïss), Agropole de Berkane (Melouya), Agropole d Agadir (Souss) Retail parks and wholesale markets Retail Park in Oujda, Wholesale market of Berkane Enhancement of sea products Parc Haliopolis in Agadir, Boujdour Industrial Zone

6 Our Business Model By listening to our market, we developed a BUILD TO SUIT approach to answer the specific needs of our clients : We design We develop We build We manage And market : Fully equipped Industrial plots Turnkey buildings and offices Project management services

7 Our Business Model How we handle your project: Property and Facility management Offer: Turnkey industrial or logistics building Needs and requirements analysis Your investment project Administrative facilitation & funding assistance Offer: Industrial and logistics plots Assistance to the design of the project

8 MEDZ offer

9 Our geographical presence MEDZ projects everywhere in Morocco, to satisfy investors 13 industrial zones (of which 4 are Tax Free Zones) 4 Offshoring Zones 5 Touristic zones ha equiped land m² of offices job created in our parcs 300 clients operating in our parcs

10 A flexible offer Major automotive suppliers operating in 5 parcs : Atlantic Free Zone, Technopolis, Casanearshore, Parc Jorf Lasfar and Agropolis 4 Free zones: Atlantic Free Zone Technopolis Midparc Technopole d Oujda ha equiped land m² of offices job created in our parcs 300 clients operating in our parcs

11 They trusted MEDZ Major automotive suppliers operating in 5 parcs : Atlantic Free Zone, Technopolis, Casanearshore, Parc Jorf Lasfar and Agropolis

12 Atlantic Free Zone Platform

13 Why chosing Kénitra?

14 A strategic position at the crossroads of the main infrastructures Direct access to the Highway network (3 165 km) linking the north and the south of the kingdom TGV connection: TGV Tanger- Casablanca stop 200 km from port de Tanger-Med port, and 150 km from Casablanca port Atlantic port fully functional by km from Casablanca Med V Airport, and 40 km from Rabat Airport Natural Gaz : a 55 km pipeline A +6 Mrds de m 3 Hydraulic pond and 5 dams

15 A region with various assets A great human capital offering a skilled and competitive workforce Access to 2/3 of the national population On a 200 Km beam, 2 millions inhabitants Young population 65 % under 30 Fast urbanization An important research and university center : Multidisciplinary university Public and private Business and Engineering schools: ENCG, ENSA, HECI, ESCK, HECGI: students Appropriate professional training: students, 105 training centers, IFMIA AFZ middle and high school students, of which + 50% girls candidates to the baccalauréat/year A successful, specialized industry and in the course of transformation: 202 industrial companies (Turnover: 1 Billion Euros, and jobs) Automotive Industry: Emerging sector : 10 international players and jobs (74 % of the industrial employment in the Region)

16 Cost factors Labor costs: Average wages in AFZ (automotive industry) Gross Monthy salary 44 H (Eur) Managers 2 727,27 Experimented engineers 1 363, ,18 Novice engineers 909, ,9 Technicians 454,5 909,09 Operators (SMIG) 1,168 / hour Source: Companies operating in AFZ Transportation costs: Morocco: Kenitra - Tanger Med : 360 EUR/ trailer Kenitra Casablanca: 360 EUR / trailer From Kénitra to: Kenitra - Spain (Barcelona) : 1800,00 / trailer (+200 TMSA) Kenitra - Spain (Valladolid) : 1820,00 / trailer (+200 TMSA) Kenitra - Spain (Valencia) : 1862,00 / trailer (+200 TMSA) Kenitra - France (Douai) : 3120,00 / trailer (+200 TMSA) Kenitra - UK (Swindon) : 4630,00 / trailer (+200 TMSA) Kenitra - Romania : 4200,00 / trailer (+200 TMSA) Sea transport: Kenitra - Mexico (Durango) : 4630 USD / 40 container Casablanca - Mexico (Veracruz) : 1450 USD / 20 container Casablanca - Mexico (Veracruz) : 2350 USD / 40 container Tanger -Mexico (El Paso Mexico) : 2800 USD / 40 container Source: Companies operating in AFZ

17 Atlantic Free Zone

18 A strategic location 8 km from the Highway Located alongside the railway and a national road to be widened Close to the future urban pole Within 3 days of journey (maxi) from 30 automotive manufacturing sites (~10 M light vehicles)

19 The Program 1 st phase Logistics Industry Front Service industries Show Rooms Roads/ Green spaces Atlantic Free Zone is an Integrated Industrial Park dedicated to the Automotive and Electronic Industry Total area : 345 ha / First phase of 192 ha Two parts: An open zone to serve the local market :147 ha A Tax Free zone for exporting companies: 198 ha

20 Real Estate Offer - Industrial plots from to m² (price starting from 49 euros/m²) - Turnkey buildings for sale or rent (in partnership with an investment fund) - Project management By the end of 2016, we will offer Temporary buildings to settle the first operations, while building the final facility (300 to 600 m²)

21 Services An optimal business environment Facility management by a dedicated team: security, infrastructure maintenance, waste management A One Stop Shop gathering the delegations of various key administrative departments for investors: ANAPEC (recruitment), CRI (company creation), Onsite training: IFMIA- Professional training center dedicated to the automotive industry with a capacity of 800 students.

22 Incentives in Free Zones Customs procedures - Unlimited exemption of custom duties : goods entering or leaving free zone for exportation as well as those obtained in these areas are exempted from all duties, taxes or surcharges on imports, circulation, consumption, production or export - Simplified procedures Fiscal incentives - Exemption of corporate tax during the first five years, and then a reduced rate of 8.75% starting at the 6 th year applies for the next 20 years - Exemption from tax on dividends and shares - Unlimited exemption from VAT on products or services inside the free zone - Exemption from license tax and urban tax for 15 years - Exemption from all registration taxes and stamp duties for acts of incorporation and capital increase as well as acquisition of land Change - Free capital repatriation - Transactions in foreign currency

23 3 years after 26 industrial projects Attracted investment: 220 million EUROS Main activities: Cables, wiring harness, plastic injection, windshields, paper and cardboard, building materials, irrigation systems, jobs created

24 Guided tour

25 Thank you

good reasons to invest in Morocco

good reasons to invest in Morocco 10 good reasons to invest in Morocco 1 1- Stable political environment A continuing drive for openness and democratisation Sovereignty exercised by the nation By referendum or through constitutional institutions

More information

Morocco s reforms for an attractive business climate. LEG Thüringen Erfurt,

Morocco s reforms for an attractive business climate. LEG Thüringen Erfurt, Morocco s reforms for an attractive business climate LEG Thüringen Erfurt, 16.05.2013 Outline Overview Political reforms Economic reforms Current economic and outlook Morocco's value proposition Economic

More information

Presentation of Fipar-Holding Caisse de Dépôt et de Gestion Group

Presentation of Fipar-Holding Caisse de Dépôt et de Gestion Group Presentation of Fipar-Holding Caisse de Dépôt et de Gestion Group Vocation Fipar-Holding is a minority, active and engaged financial investor, whose ambition is to initiate and accelerate the growth and

More information

TANGER MED, A WORLD CLASS LOGISTICS AND INDUSTRIAL PLATFORM

TANGER MED, A WORLD CLASS LOGISTICS AND INDUSTRIAL PLATFORM TANGER MED, A WORLD CLASS LOGISTICS AND INDUSTRIAL PLATFORM Mohamed Aref Hassani Marketing & Business Development Director Tokyo Japan, December 2012 WHERE WE ARE AND WHO WE ARE TANGIER REGION : A UNIQUE

More information

Morocco Zones franches d exportation. World Free Zones OrganiZation Index cards by country. Index cards realized by the University of Reims, France

Morocco Zones franches d exportation. World Free Zones OrganiZation Index cards by country. Index cards realized by the University of Reims, France World Free Zones OrganiZation Index cards by country Morocco Zones franches d exportation Index cards realized by the University of Reims, France Conception: F. Bost Data collected by D. Messaoudi Map

More information

G20 COMPACT MOROCCO AFRICA WITH. Investment Opportunities G20 Compact with Africa

G20 COMPACT MOROCCO AFRICA WITH. Investment Opportunities G20 Compact with Africa G20 COMPACT WITH AFRICA MOROCCO Investment Opportunities G20 Compact with Africa COUNTRY CONTEXT Political and Social Stability Supported by Strong Leadership Morocco is a constitutional, democratic, parliamentary

More information

G20 COMPACT MOROCCO AFRICA WITH. Investment Opportunities G20 Compact with Africa

G20 COMPACT MOROCCO AFRICA WITH. Investment Opportunities G20 Compact with Africa G20 COMPACT WITH AFRICA MOROCCO Investment Opportunities G20 Compact with Africa COUNTRY CONTEXT Political and Social Stability Supported by Strong Leadership Morocco is a constitutional, democratic, parliamentary

More information

TANGER MED PORT AUTHORITY

TANGER MED PORT AUTHORITY TANGER MED PORT AUTHORITY Table of Content 1. A World Class Port Platform Governance and roles Port Activities National and World Connectivity 2. Tanger Med large-scale Industrial Platform: logistics,

More information

MOROCCO, INVESTMENT OPPORTUNITIES AND BUSINESS CLIMATE MOROCCAN INVESTMENT AND EXPORTS DEVELOPMENT AGENCY

MOROCCO, INVESTMENT OPPORTUNITIES AND BUSINESS CLIMATE MOROCCAN INVESTMENT AND EXPORTS DEVELOPMENT AGENCY MOROCCO, INVESTMENT OPPORTUNITIES AND BUSINESS CLIMATE MOROCCAN INVESTMENT AND EXPORTS DEVELOPMENT AGENCY MOROCCO, BUSINESS CLIMATE MOROCCO OVERVIEW Capital Institutional System Area Rabat Democratic and

More information

Emerging Morocco: A Gate to Opportunities. Madrid, march 2012

Emerging Morocco: A Gate to Opportunities. Madrid, march 2012 Emerging Morocco: A Gate to Opportunities Focus in Aerospace Madrid, march 2012 Morocco: a unique platform location "Morocco is to Europe what Meico is to USA" Europe 14 km Monthly average labor cost 2700$/m

More information

Plans for a Pilot Investment Zone Second Meeting of the Working Group on Investment Zones in Iraq November 2011, Istanbul

Plans for a Pilot Investment Zone Second Meeting of the Working Group on Investment Zones in Iraq November 2011, Istanbul Plans for a Pilot Investment Zone Second Meeting of the Working Group on Investment Zones in Iraq 23-24 November 2011, Istanbul Christelle Monteillet Iraq Project Advisor, MENA-OECD Investment Programme

More information

Profile of Morocco's Economy

Profile of Morocco's Economy Profile of Morocco's Economy Morocco's Finances Morocco's Budget Deficit Government Bond Yield Curve Inflation Domestic and External National Debt Balance of Payments As a Percent of GDP Components Impacting

More information

Time to Invest in Egypt Egypt for a Brighter Future

Time to Invest in Egypt Egypt for a Brighter Future Time to Invest in Egypt Egypt for a Brighter Future 13th November, Torino I Egypt: An attractive country for investors Economic Indicators Reforms of Legal Framework Investment sectors with an edge II

More information

Edition No. 1 January Doing Business Guide Morocco

Edition No. 1 January Doing Business Guide Morocco Edition No. 1 January 2018 Doing Business Guide About This Guide This guide has been produced by the Morison KSi Moroccan member firm for the benefit of their clients and associate offices worldwide who

More information

STATE OF P R O G R E S S

STATE OF P R O G R E S S ROYAUME DU MAROC Ministère de l Economie et des Finances MORO CCO INVESTMENT COM PACT STATE OF P R O G R E S S MINISTRY OF ECONOMY AND FINANCE Mohammed BOUSSAID Minister of Economy and Finance Friday April

More information

S P E C I A L E C O N O M I C Z O N E S I N T H E OIC M E M B E R C O U N T R I E S : L E A R N I N G F R O M E X P E R I E N C E

S P E C I A L E C O N O M I C Z O N E S I N T H E OIC M E M B E R C O U N T R I E S : L E A R N I N G F R O M E X P E R I E N C E S P E C I A L E C O N O M I C Z O N E S I N T H E OIC M E M B E R C O U N T R I E S : L E A R N I N G F R O M E X P E R I E N C E P R E S E N TAT I O N 2 : S E Z P E R F O R M A N C E W I T H I N O I C

More information

Titelmasterformat durch Klicken bearbeiten ALBANIA IN FIGURES

Titelmasterformat durch Klicken bearbeiten ALBANIA IN FIGURES Titelmasterformat durch Klicken bearbeiten ALBANIA IN FIGURES Albania - 2016 Area: 28.750 km² Population 2,9 million GDP (2015) 11,5 billion Euro GDP/capita (Euro at PPP) 8.900 Euro GDP real change 3,4

More information

Madrid, February 25 th, 2011

Madrid, February 25 th, 2011 Madrid, February 25 th, 2011 This document contains forward-looking statements on the intentions, expectations or forecasts of Grupo ACS or its management at the time the document was drawn up and in reference

More information

Investment Opportunities and Offer of Morocco

Investment Opportunities and Offer of Morocco Investment Opportunities and Offer of Morocco 1 st Japan-Africa Business Forum Wednesday 11 th July, 2014 Tokyo 1 Morocco Overview Capital Institutional System Area Rabat Democratic and social Constitutional

More information

Trends in the Maritime Industry in Morocco. MEYS Emerging Markets Research

Trends in the Maritime Industry in Morocco. MEYS Emerging Markets Research Trends in the Maritime Industry in Morocco MEYS Emerging Markets Research Organisational structure Moroccan ports Port strategy 2030 Specialisation Connectivity Maritime trade on the rise By 2030 volume

More information

COMPANY PROFILE ACCIONA INTEGRATES SUSTAINABILITY AS A DRIVER OF CHANGE AND PROGRESS VALUES MISSION VISION VALUE GENERATION

COMPANY PROFILE ACCIONA INTEGRATES SUSTAINABILITY AS A DRIVER OF CHANGE AND PROGRESS VALUES MISSION VISION VALUE GENERATION 10 COMPANY PROFILE COMPANY PROFILE VALUE GENERATION ACCIONA is a global company with a business model based on sustainability. Its aim is to respond to society s main needs through the provision of renewable

More information

The Jebel Ali (JAFZA) Free Zone Company, Dubai General

The Jebel Ali (JAFZA) Free Zone Company, Dubai General The Jebel Ali (JAFZA) Free Zone Company, Dubai General Jebel Ali Free Zone (JAFZA) is a 140 km2 free trade zone that offers office units, warehouses and land sites for lease. As one of the largest and

More information

The World Bank DTF: MA-Local Government Support Program (P144438)

The World Bank DTF: MA-Local Government Support Program (P144438) Public Disclosure Authorized MIDDLE EAST AND NORTH AFRICA Morocco Social, Urban, Rural and Resilience Global Practice Global Practice Recipient Executed Activities Investment Project Financing FY 2014

More information

Morocco, more business

Morocco, more business Morocco, more business 1 Morocco in Brief Capital Government Area Climate Time Zone Languages 2 Rabat Constitutional Monarchy, democratic, social parliament 710 850 km² Mediterranean GMT (GMT+1 en été)

More information

September OCP Group Presentation

September OCP Group Presentation September 2014 OCP Group Presentation Disclaimer THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT AN INVESTOR PRESENTATION AND IS PROVIDED

More information

SMART M AU R I TI U S. Live. Invest. Work. Play

SMART M AU R I TI U S. Live. Invest. Work. Play SMART M AU R I TI U S Live. Invest. Work. Play The Smart City Scheme is an ambitious economic development programme aimed at consolidating the Mauritian International Business and Financial Hub by creating

More information

International Tax Morocco Highlights 2018

International Tax Morocco Highlights 2018 International Tax Morocco Highlights 2018 Investment basics: Currency Moroccan Dirham (MAD) Foreign exchange control Transactions in foreign currency generally are not restricted, but there are some administrative

More information

In a world of great opportunities, Cape Verde could be yours.

In a world of great opportunities, Cape Verde could be yours. In a world of great opportunities, Cape Verde could be yours. WHY INVEST IN CAPE VERDE? SOCIAL GEOGRAPHICAL COMMERCIAL TAX POLITICAL AND 4 HOURS FROM EXPORT FREE REPATRIATION SOCIAL STABILITY EUROPE AGREEMENTS

More information

ETHIOPIA. Agribusiness. Procedures and Opportunities

ETHIOPIA. Agribusiness. Procedures and Opportunities ETHIOPIA Agribusiness Procedures and Opportunities Ethiopia: Country Profile Ethiopia Brief Country Profile Ethiopia: Country Profile Rapid and sustainable economic growth One of the fastest growing economies

More information

industrial production special economic zone

industrial production special economic zone industrial production special economic zone Pskov region, Russia 17.02.2015 Moglino Special economic zone 02. Pskov region on the map of Russia St Petersburg North-West Federal District Moscow 03. Geographical

More information

EFFECTIVE USE OF FINANCIAL RESOURCES FOR PRIORITY INFRASTRUCTURE PROJECTS: THE ROLE OF DONOR COORDINATION

EFFECTIVE USE OF FINANCIAL RESOURCES FOR PRIORITY INFRASTRUCTURE PROJECTS: THE ROLE OF DONOR COORDINATION EFFECTIVE USE OF FINANCIAL RESOURCES FOR PRIORITY INFRASTRUCTURE PROJECTS: THE ROLE OF DONOR COORDINATION December 06, 2010 ÖZGÜR R PEHLİVAN Deputy Director General Undersecretariat of Turkish Treasury

More information

Latest developments: investor targeting, aftercare and IIAs

Latest developments: investor targeting, aftercare and IIAs WORKSHOP ON INTERNATIONAL INVESTMENT POLICIES, INVESTMENT PROMOTION STRATEGIES AND SUSTAINABLE DEVELOPMENT Latest developments: investor targeting, aftercare and IIAs By: Natalia Guerra 22 November 2012

More information

Saudi Arabia at a Glance

Saudi Arabia at a Glance Invest Saudi Table of Contents Saudi Arabia at a Glance Saudi Arabia Economy Why Invest in Saudi? Key Incentives Available for Investors Strategic Sectors & Opportunities Investments We Value the Most

More information

1THE REPUBLIC 2 2ECONOMY 4 4INDUSTRIAL PARK 8 5THE LAND-USE MASTER PLAN 10 7BENEFITS 14 8 CONTENTS ONE-STOP OF BELARUS

1THE REPUBLIC 2 2ECONOMY 4 4INDUSTRIAL PARK 8 5THE LAND-USE MASTER PLAN 10 7BENEFITS 14 8 CONTENTS ONE-STOP OF BELARUS CONTENTS 1THE REPUBLIC 2 OF BELARUS 2ECONOMY 4 AND INDUSTRY 3 ATTRACTION 6 OF FOREIGN CAPITAL 9 ONE-STOP 10 18 STATION GUARANTEES 20 FOR INVESTORS 4INDUSTRIAL PARK 8 OVERVIEW 5THE LAND-USE MASTER PLAN

More information

DAKAR INTEGRATED SPECIAL ECONOMIC ZONE

DAKAR INTEGRATED SPECIAL ECONOMIC ZONE DAKAR INTEGRATED SPECIAL ECONOMIC ZONE Revised: November 2012 Printed: 28/11/12 PROJECT DESCRIPTION The Integrated Special Economic Zone is a space designed to host economic activities and provide businesses

More information

Socioeconomic impact Discover what SEAT s contribution is to the economy, employment and the environment #

Socioeconomic impact Discover what SEAT s contribution is to the economy, employment and the environment # # different leads A relevant brand. Socioeconomic ANNUAL REPORT 2017 Socioeconomic Discover what SEAT s contribution is to the economy, employment and the environment #176 175 Summary of the study performed

More information

Investor Day April 2010 INVESTMENT STRATEGY. Mr. DAVID DIAZ Corporate Development Director

Investor Day April 2010 INVESTMENT STRATEGY. Mr. DAVID DIAZ Corporate Development Director Investor Day April 2010 INVESTMENT STRATEGY Mr. DAVID DIAZ Corporate Development Director abertis: Investment strategy 1. An overview of the infrastructure market 2. abertis strategy 3. A robust methodology

More information

Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports.

Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports. 2011 Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports. The 2011 Saudi Budget Why Invest in Saudi Arabia?

More information

Morocco. Rabat. African Economic Outlook

Morocco. Rabat. African Economic Outlook Rabat key figures Land area, thousands of km 2 447 Population, thousands (2005) 31 478 GDP per capita, $ PPP valuation (2005) 4 832 Life expectancy (2000-2005) 69.5 Illiteracy rate (2005) 46.5 African

More information

The Three Companies That Became Sojitz. Establishment of Sojitz and Management Restructuring. History of Sojitz. Sojitz Snapshot. Iwai Bunsuke Shoten

The Three Companies That Became Sojitz. Establishment of Sojitz and Management Restructuring. History of Sojitz. Sojitz Snapshot. Iwai Bunsuke Shoten Sojitz Snapshot 1 History of Sojitz Sojitz has roots going back more than 15 years. During that long history, the Company has overcome many challenges in building up its value as a general trading company

More information

Group presentation. November 2007

Group presentation. November 2007 Group presentation November 2007 Safe Harbor This presentation contains forward-looking statements relating to the Group s expectations for future financial performance, including sales and profitability.

More information

Sri Lanka The hub of South Asia.

Sri Lanka The hub of South Asia. Sri Lanka The hub of South Asia SRI LANKA AT A GLANCE Capital (Commercial) Colombo Capital (Administrative) Sri Jayewardenepura Kotte Area 65,525 sq km Population 21,409,381 (July 2017 est.) Official Language

More information

Primorsky Krai The Land of Opportunities For Investors

Primorsky Krai The Land of Opportunities For Investors Primorsky Krai The Land of Opportunities For Investors $12,28 Gross regional product, bln UTC+11/MSK+7 Time zone Vladivostok Region center 1 913 037 Population 164,700 Area, km! Region Benefits for Investors

More information

DOING BUSINESS IN MOROCCO MOROCCO

DOING BUSINESS IN MOROCCO MOROCCO DOING BUSINESS IN MOROCCO MOROCCO 1 DOING BUSINESS IN MOROCCO Morocco is a country located in the northwest of North Africa with a population of nearly 33 million inhabitants. Morocco is a constitutional

More information

Invest in Kazakhstan

Invest in Kazakhstan Invest in Kazakhstan 1 Investment attractiveness of Kazakhstan Why Kazakhstan Investors are attracted to Kazakhstan for a variety of reasons Ease of Doing Business According to the 2016 World Bank report

More information

Full Year Revenue more than EUR 2 billion and 5% higher operating profit (EBITA)

Full Year Revenue more than EUR 2 billion and 5% higher operating profit (EBITA) Full Year 2012 Revenue more than EUR 2 billion and 5% higher operating profit (EBITA) Today s agenda Strategy 2012 Headlines Financial review Operational developments Industrial Services Flow Control Objectives

More information

Priorities of the Government of the Republic of Moldova in the area of attracting investments and promoting exports

Priorities of the Government of the Republic of Moldova in the area of attracting investments and promoting exports Ministry of Economy and Infrastructure of the Republic of Moldova Priorities of the Government of the Republic of Moldova in the area of attracting investments and promoting exports THE REPUBLIC OF MOLDOVA

More information

Case No COMP/M HOCHTIEF/ GEOSEA/ BELUGA HOCHTIEF OFFSHORE JV. REGULATION (EC) No 139/2004 MERGER PROCEDURE

Case No COMP/M HOCHTIEF/ GEOSEA/ BELUGA HOCHTIEF OFFSHORE JV. REGULATION (EC) No 139/2004 MERGER PROCEDURE EN Case No COMP/M.6315 - HOCHTIEF/ GEOSEA/ BELUGA HOCHTIEF OFFSHORE JV Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date:

More information

NKT. Annual Report 2010 Live presentation 1 March 2011 at 11:00 am. NKT Holding A/S / IR presentation / Annual Report

NKT. Annual Report 2010 Live presentation 1 March 2011 at 11:00 am. NKT Holding A/S / IR presentation / Annual Report NKT Annual Report 2010 Live presentation 1 March 2011 at 11:00 am NKT Holding A/S / IR presentation / Annual Report 2010 1 Agenda NKT Group 2010 in headlines Expectations 2011 Financial results 2010 NKT

More information

2009 HALF-YEAR RESULTS

2009 HALF-YEAR RESULTS 2009 HALF-YEAR RESULTS SUMMARY Group profile and strategic plan Satisfactory results in the current climate A solid financial position Key highlights as of August 31 st Outlook and conclusion 2 GROUP PROFILE

More information

SUEZ CANAL ECONOMIC ZONE. To become. a leading world class economic hub and a preferred destination for investment.

SUEZ CANAL ECONOMIC ZONE. To become. a leading world class economic hub and a preferred destination for investment. www.sczone.eg / 1 To become SUEZ CANAL ECONOMIC ZONE a leading world class economic hub and a preferred destination for investment. www.sczone.eg / 2 Index 1. About SCZone 2. Investment Catalysts in SCZone

More information

INTRODUCTION TO RAS AL KHAIMAH ECONOMIC ZONE

INTRODUCTION TO RAS AL KHAIMAH ECONOMIC ZONE INTRODUCTION TO RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH S ECONOMY Opening the door to foreign trade is a hallmark of Ras Al Khaimah s past, present and future. Today we honour our heritage by welcoming

More information

FEMIP PROGRESS REPORT No. 3

FEMIP PROGRESS REPORT No. 3 FEMIP Facility for Euro-Mediterranean Investment & Partnership Ministerial Meeting Alexandria, 7 June 2004 FEMIP PROGRESS REPORT No. 3 SUMMARY HIGHLIGHTS In November 2003 the ECOFIN Council discussed the

More information

REPUBLIC OF TURKEY PRIME MINISTRY

REPUBLIC OF TURKEY PRIME MINISTRY REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Ismail Bitirim Senior Project Director Investment Climate in Turkey Beautiful landscape... Combination of contemporary

More information

10 reasons to invest in France

10 reasons to invest in France October 2009 10 reasons to invest in France IFA Keys to understanding the new France 2 1 An economy with a global outlook Foreign companies employ over 2.8 million people in France at 23,000 different

More information

Opening Remarks. Mr. Wilson Chan. Regional Director, Business Development of Ras Al Khaimah Free Trade Zone Authority (RAK FTZ)

Opening Remarks. Mr. Wilson Chan. Regional Director, Business Development of Ras Al Khaimah Free Trade Zone Authority (RAK FTZ) Opening Remarks Mr. Wilson Chan Regional Director, Business Development of Ras Al Khaimah Free Trade Zone Authority (RAK FTZ) 1 WHY INVEST IN RAK FREE TRADE ZONE? 2 RAK FREE TRADE ZONE AUTHORITY KEY PROFILE

More information

Group presentation April 2008

Group presentation April 2008 Group presentation April 2008 Safe Harbor This presentation contains forward-looking statements relating to the Group s expectations for future financial performance, including sales and profitability.

More information

Chinese enterprises respond to social challenges

Chinese enterprises respond to social challenges Chinese enterprises respond to social challenges Dr. Zhan SU Professor of Strategy and International Business Director of Stephen A. Jarislowsky Chair in International Business Director of GERAC (Research

More information

The Investment Legal Environment in Jordan Dr. Mohammad Al Qudah Legal Advisor Jordan Investment Board

The Investment Legal Environment in Jordan Dr. Mohammad Al Qudah Legal Advisor Jordan Investment Board The Investment Legal Environment in Jordan Dr. Mohammad Al Qudah Legal Advisor Jordan Investment Board MENA- OECD Investment Program Workshop on Iraq National Investment Reform Amman 22/1/2008 Elements

More information

EGYPT'S NEW INVESTMENT LAW

EGYPT'S NEW INVESTMENT LAW EGYPT'S NEW INVESTMENT LAW A NEW LEGAL FRAMEWORK FOR INVESTMENTS AND INVESTORS ZULFICAR & PARTNERS LAW FIRM i. introduction MOVING FORWARD In the last few years, Egypt has launched its vision for 2030

More information

INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE Presentation to UNECE PPP Conference Geneva, May 2018

INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE Presentation to UNECE PPP Conference Geneva, May 2018 INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE 2018 Presentation to UNECE PPP Conference Geneva, May 2018 PROPOSITION INFRAKAP HAS LAUNCHED THE EURASIAN INFRASTRUCTURE VALUE FUND FOR SOPHISTICATED

More information

Residency programs; Montenegro, Greece & Cyprus. Panos Diallinas Bojana Peric September 2017

Residency programs; Montenegro, Greece & Cyprus. Panos Diallinas Bojana Peric September 2017 Residency programs; Montenegro, Greece & Cyprus Panos Diallinas Bojana Peric September 2017 Agenda Residency in Montenegro Residency of Greece Cyprus Residency Program A few words about Eurofast Eurofast

More information

Sri Lanka Steps towards Investment Attraction through Investment Faciliattion Ganga Palakatiya Deputy Director (Research & Policy Advocacy)

Sri Lanka Steps towards Investment Attraction through Investment Faciliattion Ganga Palakatiya Deputy Director (Research & Policy Advocacy) Sri Lanka Steps towards Investment Attraction through Investment Faciliattion Ganga Palakatiya Deputy Director (Research & Policy Advocacy) September 2018 8th Meeting of the Asia Pacific FDI Network, Thailand

More information

Tanger Med Group's news

Tanger Med Group's news TI AUTOMOTIVE settles in Tanger Automotive City New "Gate-In / Gate-Out" Container Flow Control System Tanger Med joins the Block Chain Maersk-IBM project for maritime transport Tanger Med Group's news

More information

SPAIN: ECONOMIC OUTLOOK AND RELATIONSHIPS WITH THE CZECH REPUBLIC

SPAIN: ECONOMIC OUTLOOK AND RELATIONSHIPS WITH THE CZECH REPUBLIC SPAIN: ECONOMIC OUTLOOK AND RELATIONSHIPS WITH THE CZECH REPUBLIC Alejandro Huerta Quintero Economic and Commercial Counsellor Spanish Embassy Territorial Workshop Spain ICC, Prague, 11th February 2014

More information

1.BPO #INVESTINGUATEMALA. Industry in Guatemala

1.BPO #INVESTINGUATEMALA. Industry in Guatemala #INVESTINGUATEMALA Industry in Guatemala General information of the country Capital City Currency Exchange Rate (2013) Official Language Population Labor Force (2013) GDP (2013) FDI inflows (2013) Exports

More information

INVEST IN MACEDONIA. D eputy - C EO, A gency for F D I

INVEST IN MACEDONIA. D eputy - C EO, A gency for F D I INVEST IN MACEDONIA Kliment Sekerovski D eputy - C EO, A gency for F D I October, 2014 GOALS OF THE AGENCY Enhanced organizational structure to support main activities: INVESTOR SERVICING POLICY ADVOCACY

More information

PARTICIPATION CONDITIONS FOR SUBCONTRACTORS AND SUPPLIERS COMPANY PROFILE...PLASTICS MEETINGS LISBOA 2017 REGISTRATION

PARTICIPATION CONDITIONS FOR SUBCONTRACTORS AND SUPPLIERS COMPANY PROFILE...PLASTICS MEETINGS LISBOA 2017 REGISTRATION Exhibitor Registration Form PORTUGUESE COMPANIES February 1 2, 2017 Lisboa, Portugal PARTICIPATION CONDITIONS FOR SUBCONTRACTORS AND SUPPLIERS This form is very important as the provided information on

More information

Economic Performance. Economic Growth 3.4% in 2016 from 1.1% in Increase of new registered domestic and foreign businesses

Economic Performance. Economic Growth 3.4% in 2016 from 1.1% in Increase of new registered domestic and foreign businesses Economic Performance Economic Growth 3.4% in 2016 from 1.1% in 2013 4 3.5 3 2.5 2 1.5 1 0.5 0 1.1 Economic growth in 2016-3,4% compared to 2,6% in 2015; one of highest economic growth in the region Source:

More information

TURKEY S MODEL OF EXCELLENCE «AEGEAN FREE ZONE»

TURKEY S MODEL OF EXCELLENCE «AEGEAN FREE ZONE» TURKEY S MODEL OF EXCELLENCE «AEGEAN FREE ZONE» What is a Free Zone A Free Zone is an area inside a country s borders but considered to be outside the customs area. The purpose of the area is to encourage

More information

Investment Development Authority of Lebanon Arab Spanish Investment Forum 2011

Investment Development Authority of Lebanon Arab Spanish Investment Forum 2011 Investment Development Authority of Lebanon Arab Spanish Investment Forum 2011 Wednesday October 26 th Headlines 1. ABOUT LEBANON 2. CURRENT TRENDS IN SPANISH LEBANESE TRADE 3. SPANISH COMPANIES AND LEBANON

More information

INVEST IN MACEDONIA. D eputy - CEO, Agency for FDI June, Agency for Foreign Investments and Export Promotion.

INVEST IN MACEDONIA. D eputy - CEO, Agency for FDI June, Agency for Foreign Investments and Export Promotion. INVEST IN MACEDONIA Kliment Sekerovski D eputy - CEO, Agency for FDI June, 2015 1 Location and Transport Infrastructure Two Pan-European corridors: East-West Corridor 8 North-South Corridor 10 Road network:

More information

European Commission takes over the national authorities competence with regard to international trade Common Customs Tariff

European Commission takes over the national authorities competence with regard to international trade Common Customs Tariff MINISTRY OF ECONOMY AND COMMERCE Foreign Trade Department ROMANIA Member of the European Union ECONOMIC DEVELOPMENT AND OPPORTUNITIES IN ROMANIA By Iuliu WINKLER, minister delegate for commerce Romania

More information

A Service Platform in the Mid-South Atlantic

A Service Platform in the Mid-South Atlantic { A Service Platform in the Mid-South Atlantic Strategic Location Privileged market access in terms of quota-free and duty-free entry into the West Africa (ECOWAS), the European Union (SGP+) and The USA

More information

TANGER MED NEWS. Flash News. Tanger Med Group News. January Tanger Med participates in COP 22. Hotel Cantor sets up in Tanger Med Port Center

TANGER MED NEWS. Flash News. Tanger Med Group News. January Tanger Med participates in COP 22. Hotel Cantor sets up in Tanger Med Port Center January 2017 January 2017 TANGER MED NEWS New productivity record for Tanger Med port Tanger Med Zones 1 st free zone in Africa Hotel Cantor sets up in Tanger Med Port Center Flash News Tanger Med participates

More information

The guide is intended to be used for informational purposes only and you should consult a professional tax advisor to acquire more information.

The guide is intended to be used for informational purposes only and you should consult a professional tax advisor to acquire more information. FOREWORD This guide has been prepared to provide basic information to those interested in investing and doing business in Costa Rica. It does not cover in detail all the requirements and subjects considered,

More information

Southeast Europe is growing economically and the gas market is expected to grow by bcm by 2025 (60%-80% increase)

Southeast Europe is growing economically and the gas market is expected to grow by bcm by 2025 (60%-80% increase) PUBLIC GAS CORPORATION (DEPA) S.A. Business Opportunities with DEPA December er 2010 Harry Sachinis, Chairman & CEO, DEPA S.A. Business Opportunities with DEPA Southeast Europe is growing economically

More information

PAYER GUIDE. The Student s Guide to International Payments with peertransfer

PAYER GUIDE. The Student s Guide to International Payments with peertransfer PAYER GUIDE The Student s Guide to International Payments with peertransfer STEP 1: GET STARTED Visit www.peertransfer.com. Use the search box to select your school & click the green Get Started button.

More information

Economic Stimulus Packages and Steel: A Summary

Economic Stimulus Packages and Steel: A Summary Economic Stimulus Packages and Steel: A Summary Steel Committee Meeting 8-9 June 2009 Sources of information on stimulus packages Questionnaire to Steel Committee members, full participants and observers

More information

years Ekaterina Lebedeva

years Ekaterina Lebedeva 95 years Saint-Petersburg: new dimension of business cooperation Ekaterina Lebedeva Vice-President Saint-Petersburg Chamber of Commerce and Industry 95 years AGENDA I. About Saint-Petersburg II. Doing

More information

Preliminary results of International Trade in 2014: in nominal terms exports increased by 1.8% and imports increased by 3.

Preliminary results of International Trade in 2014: in nominal terms exports increased by 1.8% and imports increased by 3. International Trade Statistics 7 July, 215 Preliminary results of International Trade in : in nominal terms exports increased by 1.8% and imports increased by 3.2% vis-à-vis 213 In, exports of goods increased

More information

LUXEMBOURG: YOUR RELIABLE PARTNER DECEMBER 17, 2014

LUXEMBOURG: YOUR RELIABLE PARTNER DECEMBER 17, 2014 CHAMBER OF COMMERCE OF THE GRAND DUCHY OF LUXEMBOURG LUXEMBOURG: YOUR RELIABLE PARTNER DECEMBER 17, 2014 11 CHAMBER OF COMMERCE OF THE GRAND-DUCHY OF LUXEMBOURG THE LUXEMBOURG CHAMBER OF COMMERCE 22 CHAMBER

More information

MIX ENERGY IN MOROCCO. Prospects for the development of ENR. Amman 08/09 October 2017

MIX ENERGY IN MOROCCO. Prospects for the development of ENR. Amman 08/09 October 2017 MIX ENERGY IN MOROCCO Prospects for the development of ENR Amman 08/09 October 017 1 4,6% INSTALLED CAPACITY - 016 9,1% 16,5% 47,0% 0,3% 14,8% 7,7% Coal Import IMA + IME Wind farm Hydraulic Diesel Fuel

More information

1. Ongoing Projects 2. Future Projects

1. Ongoing Projects 2. Future Projects 1. Ongoing Projects 2. Future Projects 1. Ongoing Projects 1.1. Extension by 1,050 m of Northern Breakwater 1.2. Road bridge over Danube-Black Sea Canal 0+540 km 1.3. Development of the railway capacity

More information

INVESTINPORTUGAL RIGHT CHOICE. RIGHT TIME.

INVESTINPORTUGAL RIGHT CHOICE. RIGHT TIME. 1 INVESTINPORTUGAL RIGHT CHOICE. RIGHT TIME. 2 INVESTINPORTUGAL RIGHT CHOICE. RIGHT TIME. MIGUEL FRASQUILHO CEO aicep Portugal Global Today, Portugal is an attractive destination for investment, offering

More information

EL PASO S FOREIGN-TRADE ZONE No. 68. Delivering Outstanding Services

EL PASO S FOREIGN-TRADE ZONE No. 68. Delivering Outstanding Services EL PASO S FOREIGN-TRADE ZONE No. 68 What is a Foreign-Trade Zone A secure area located in or near a Port of Entry, legally outside the U.S. Customs territory, where foreign and domestic goods can be brought

More information

Agenda. 1. Highlights FY 2012 Results. 2. Operational Performance Priorities for Financials. 5. Conclusion

Agenda. 1. Highlights FY 2012 Results. 2. Operational Performance Priorities for Financials. 5. Conclusion 1MARCH 2013 Legal Disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve

More information

IMMOBEL continues in its international growth and confirms its dividend increase of 10 %

IMMOBEL continues in its international growth and confirms its dividend increase of 10 % PRESS RELEASE Regulated information Brussels, 12 September 2018, 5.40 pm IMMOBEL continues in its international growth and confirms its dividend increase of 10 % IMMOBEL s revenues in the first half of

More information

Indirect Tax Newsletter Egypt

Indirect Tax Newsletter Egypt Indirect Tax Newsletter Egypt General Overview The government of Egypt has released the VAT Law on 7 September 2016 and enacted it as of the following day of being published in the official Gazette i.e.

More information

InvestBulgaria Agency. Empower your Investment

InvestBulgaria Agency. Empower your Investment InvestBulgaria Agency Empower your Investment Content 2 Who are we What is InvestBulgaria Agency and what is its purpose What can you get What are your benefits from investing in Bulgaria and how can you

More information

The Luxembourg Economy and its Competitive Advantages. Carlo Thelen, Chief Economist of the Chamber of Commerce

The Luxembourg Economy and its Competitive Advantages. Carlo Thelen, Chief Economist of the Chamber of Commerce The Luxembourg Economy and its Competitive Advantages Carlo Thelen, Chief Economist of the Chamber of Commerce 1 Luxembourg - Gateway to Europe Strategic Position Area: 2,586 km² Population: 460,000 Language:

More information

Retail customers Main banking fees as of 1 July, 2018

Retail customers Main banking fees as of 1 July, 2018 Retail customers Main banking as of 1 July, 2018 Table of content 1. Current accounts... 4 2. Payments... 5 2.1. Credit transfers - Outgoing... 5 2.2. Credit transfers - Incoming... 5 2.3. Value dates

More information

Investing in Mozambique UK MOZAMBIQUE INVESTMENT FORUM 2010

Investing in Mozambique UK MOZAMBIQUE INVESTMENT FORUM 2010 Investing in Mozambique UK MOZAMBIQUE INVESTMENT FORUM 2010 Structure of Presentation 1. Location 2. Reasons for Good Performance 3. Investment Policies Tax System Guarantees Tax incentives Bilateral Agreement

More information

INVESTMENT OPPORTUNITIES OF THE REPUBLIC OF MOLDOVA. Ministry of Economy of the Republic of Moldova

INVESTMENT OPPORTUNITIES OF THE REPUBLIC OF MOLDOVA. Ministry of Economy of the Republic of Moldova INVESTMENT OPPORTUNITIES OF THE REPUBLIC OF MOLDOVA Ministry of Economy of the Republic of Moldova Favourable geopolitical position MOLDOVA TODAY A BRIDGE BETWEEN EAST AND WEST Population GDP growth rate

More information

Earnings Release: El Sewedy Electric Reports Consolidated Results for FY2011, ended December 31 st, 2011.

Earnings Release: El Sewedy Electric Reports Consolidated Results for FY2011, ended December 31 st, 2011. Earnings Release: El Sewedy Electric Reports Consolidated Results for FY2011, ended December 31 st, 2011. April 2 nd, 2012 Cairo- Egypt. El Sewedy Electric posts an 18% increase in Revenues, flat EBITDA

More information

TANZANIA ECONOMIC ZONES: A TOOL TO ATTRACT INVESTORS. Presented by G. Lemunge- IPM EPZA

TANZANIA ECONOMIC ZONES: A TOOL TO ATTRACT INVESTORS. Presented by G. Lemunge- IPM EPZA TANZANIA ECONOMIC ZONES: A TOOL TO ATTRACT INVESTORS Presented by G. Lemunge- IPM EPZA Is an Autonomous Government Agency under the Ministry of Industry and Trade Established in 2006 Coordinates EPZ and

More information

Retail customers Main banking fees as of 1 January, 2018

Retail customers Main banking fees as of 1 January, 2018 Retail customers Main banking fees as of 1 January, 2018 Table of content 1. Current accounts... 4 2. Payments... 5 2.1. Outgoing payments... 5 2.2. Incoming payments... 5 2.3. Value dates and execution

More information

Doing Business In Uruguay

Doing Business In Uruguay Doing Business In Uruguay Doing Business In Uruguay 1. Key Issues for Investors Key Issues for Investors Investor Friendly Country: Foreign investors and local ones: equal treatment No limitations to ownership

More information

Competitivenese Strategies for Small States Case of Mauritius. Presentation by Mrs P. Rampadarath

Competitivenese Strategies for Small States Case of Mauritius. Presentation by Mrs P. Rampadarath Competitivenese Strategies for Small States Case of Mauritius Presentation by Mrs P. Rampadarath Where is Mauritius located? Government Population GDP Economic Growth (2012) FACTS ABOUT MAURITIUS Parliamentary

More information

Morocco Tax Guide 2012

Morocco Tax Guide 2012 Tax Guide 2012 structure of country descriptions a. taxes payable FEDERAL TAXES AND LEVIES COMPANY TAX CAPITAL GAINS TAX BRANCH PROFITS TAX SALES TAX/VALUE ADDED TAX FRINGE BENEFITS TAX LOCAL TAXES OTHER

More information