Tawazun Holding This document is the confidential property of the officers of Tawazun Holding and was produced exclusively for their use. It is not intended for use by any third parties and may not be published or reproduced without the express written permission of Tawazun Holding.
31
Embed
The presentation title on this slide is set in Arial Bold 28pt€¦ · Olaf Sauer Managing Director [email protected] 21 . M Tawazun Advanced Defense Systems long-range
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Tawazun Holding
This document is the confidential property of the officers of Tawazun Holding and
was produced exclusively for their use. It is not intended for use by any third
parties and may not be published or reproduced without the express written
permission of Tawazun Holding.
Content
• A closer look at the United Arab Emirates
• What is Tawazun Holding?
Tawazun Holding
Tawazun Vision & Mandate
Tawazun Investment Focus
Sector strategies and capabilities
Investment criteria
Supply Chain positioning
Production Capabilities road map
• Our Portfolio
2
The United Arab Emirates
• The UAE is a stable federation that consists of seven states. Its capital, Abu Dhabi, is the
centre of the country’s political, industrial, and cultural activities
• The UAE enjoys one of the most stable and secure political conditions in the region
• It has the seventh largest oil reserves and is currently the thirty-sixth largest economy, with a
population of over 8 million (2010, UAE National Statistics Center)
• The nominal per capita GDP of US$50K for (2010 , IMF).
• It has well developed infrastructure, heavily invests in security and boasts a track record in
building successful industries.
• The leadership promotes diversification through a wide-base dynamic open economy with
special focus on industrialization and developing basic material production businesses
including steel, aluminum
• UAE - and the region - enjoy massive energy resources and relatively cost-effective energy
and labor, land and relatively free regulatory environment
• Educational and training is a high-priority for the UAE and is an integral part of business &
investment considerations
3
415
.7
310
.6
260
.8
204
.6
156
.1
114
.3
87.0
Industrial Development Plan Industrial sectors to diversification
Target real GDP
(In real 2005 – USD billion source: 2030 vision) Strategic Economic Sectors –
“Engines of Economic Growth”
• Petrochemicals
• Metals
• Aerospace and defense 41 44 49 54 57 60 64
59 56 51 46 43 40 36
• Pharmaceuticals, biotechnology & life
sciences
• Tourism
• Healthcare equipment & service
• Transportation, trade, logistics
• Education
• Media
• Financial services
• Telecommunication services
Oil GDP Non-Oil GDP
4
Global outlook on defence markets Selected recent comments re MENA/ Gulf/ UAE
• In general, analyst comment on the decrease in military spending in US and Europe
and identify areas for growth ……
• Most important regions for growth – India, Middle East, Brazil (source ICD Research and
Strategy Defence Intelligence Annual Survey for 2012)
• Overall global defence spending flat-to-declining in 2012 …. Reductions in US, UK and
ROE Offset with increases …. China, India, KSA, UAE, Japan, Brazil (source Deloitte 2012
Global Aerospace and defence outlook)
• ME countries continue to build up their defence systems … there is a diversification of
supplier countries – not just the top 5 … but also Netherland, Germany, Italy, Spain and
Turkey have gained a place (source defencetalk.com portal)
• After a US delegation visit to the UAE in November 2010. There is impressive and
rapid development ongoing in the UAE. There is also a welcoming altitude. (source NDIA
Business and Technology magazine November 2010)
5
Tawazun Holding Group
A strategic investment holding firm
6
Tawazun Holding
• Tawazun Holding is the strategic investment arm of the Tawazun Economic Council
• Tawazun holding is a government-owned organization which has established a solid
track record in active industrial investment – both locally and internationally for mutual
benefit
• Tawazun is selectively building strategic manufacturing and engineering businesses
which are helping to contribute to the fast-growing industrial backbone of the UAE
• Tawazun is partnering with a hand-picked selection of world-class industrial leaders in
their field to build skills, expertise, products and systems in the UAE, using UAE hands
• Tawazun has a wide range of investments in its portfolio from Greenfield strategic
projects to wholly owned stand-alone commercial trading subsidiaries
• Tawazun is committed to supporting the development of the next generation of
industrial leaders in the UAE
7
Vision and Mission
Vision Building capabilities towards a balanced future
Mission We strive to achieve our vision through :
Investing in value-added business and ventures
Building and sustaining a manufacturing capabilities portfolio
Embracing manufacturing excellence
Building long-term relationships with customers and
stakeholders
Driving innovation through investing in research and
development
Ensuring technology and know-how transfer through strategic
alliances
8
Investment focus Sectors
Sector Focus Industrial Development: Strategic
Economic Sectors “Engines of Economic
Growth”
• Petrochemicals
• Metals
• Aerospace and defense
• Pharmaceuticals, biotechnology & life
sciences
• Tourism
• Healthcare equipment & service
• Transportation, trade, logistics
• Education
• Media
• Financial services
• Telecommunication services
9
Strategies Sectors
Ammunitions
• To develop independent local facilities and capabilities to produce, assemble, test and supply customers locally and internationally with a range of munitions.
• To bring parts of the supply chain into the UAE to lessen dependencies
Automotive
• To expand our range of vehicle platform types 4x4, 6x6, 8x8 and so on that are produced, assembled, tested, supplied and supported locally in UAE and internationally
• To identify and invest in key sub-system technologies internationally
10
Strategies Sectors
Aerospace
• To further develop our existing build to print capabilities in aero-structures. To expand our autonomous systems business from air to ground to underwater. To expand into key aerospace components, products and work in collaboration with other Emirati investors
• In aero-structures future to target families of parts or sub-assemblies. Acquire more into areas of design engineering capabilities
11
Strategies Sectors
Metals &
• To develop a range of metal surface treatment and advanced manufacturing processes to build a technologically advanced cluster of ennabling competencies
• To enter key positions in the supply chain where there are technological advances underway to support our strategies, including:
Technology Castings, forgings, fabrication, wiring/circuitry and controllers, testing facilities
Plastic and metal injection molding, tooling,
software, automation and control
Textiles and fibers, ceramics, glass, powder
metallurgy
12
Investment focus Criteria
• Meets a UAE strategic need
• Fit with or add new manufacturing and/or engineering capabilities
• Brings new technology
• Delivers commercial returns assessed against risk – but with a long term patient capital outlook
• Defines business case that stands up for all stakeholders
• Flexible in investment size and holding structure.