Water knowledge you can trust! Since 1952 November 2011

Transcription

1 Tahal Group B.V Water knowledge you can trust! Since 1952 November 2011 October 2011

2 Tahal-Company Profile International player with 60 years of experience in the Water Infrastructure Sector Operating through the entire value chain- entrepreneurship, planning, construction and operation Active in Emerging Markets Extensive track record of successfully completing projects in more than 30 countries Holding more than 60% of the water planning market in Israel Operates through two divisions: TGP- Project Division TGA- Assets Division Approx employees around the globe

3 Fields of Operation Treatment and Reuse of Wastewater Seawater Desalination Water Treatment Shafdan, Israel Via Maris, Israel Makis 2, Serbia Waste Treatment Water Energy Irrigation & Integrated Agricultural Projects 3 Hagal waste treatment,israel(sitahal) Pumped Storage, Israel Anatolian project, Turkey

4 Active through the Entire Value Chain BOT, BOO, PPP Turnkey Projects Construction Project Management Supervision Planning Water Supply Hydrology Water Resources Development Drainage & Irrigation Desalination Reuse of Wastewater Waste Water Treatment systems Water & Sewage transfer systems Civil Engineering.Infrustructure Environmental Engineering Industrial Engineering Electrical & Mechanical Engineering Sea Engineering Agricultural Engineering GIS Geographical Information Systems

5 Tahal Group Sales (USD Million) Backlog as of Q (including Quiminha Project) Over $ 450 Million Milgam Acquisition Entering China

6 Structural and Organizational Change- Main Steps 1. Strategic Focus Process based on defined growth engines Initiation, construction and operation of yielding infrastructure water assets Initiation and construction of combined agricultural and water infrastructure projects Engineering Planning and Consulting Focus on Emerging Markets and specifically on South East Asia 2. Strengthening the Assets side through new platforms 3. Reorganization of the sales division 4. Reorganization of the Delivery division the Engineering and EPCM divisions as profit centers bearing total responsibility for project management 5. Cost Cutting Plan across the organization The Goal: business focus and improving management efficiency => Increased Profitability!

7 World Water Supply More than one Billion people around the world do not have direct access to water App. 2.6 Billion do not have access to sewage systems China, where 21% of the world population is, only have access to app. 7% of the renewable water sources In India, only 40% of the cities have sewage pipelines and only 10% of the cities got sewage systems 8% 13% 36% 60% 15% 8% 11% 13% 26% 6% 5% <1% Source: UNESCO, GWI

8 Global Water Infrastructure Market Investments in 2010 and growth forecast in the next 5 years (USD Billions) 6% 4% 3% $38 $8 East Europe & CIS $32 North America West Europe 10% $18 MENA 11% 6% $35 6% $5B China $7 4.5% India 5.5% Market size 2010 $XXB Latin America & The Caribbean $4B Sub-Saharan Africa $30 South East Asia & Pacific Annual Growth forecast until 2016 X% Source: World Bank PPI database, GWI

9 Selected Projects Project Name Country Client Project Description Contract Value Status E.P.A.L. Angola Empresa Publica de Aguas Luanda Laying of 430 km of water supply pipelines and installation of 140 drinking fountains in seven suburbs of the capital city Luanda $ 50 million Expected completion Q Project Name Makis 2 Country Client Project Description Contract Value Serbia Water Board Belgrade Design and supply of process, mechanical, electrical, communications and control system (SCADA) equipment for a new water treatment plant of 2 m 3 /s capacity $30 million Status Expected completion Q

10 Selected Projects (Cont d) Project Name Country Client Project Description Contract Value Atma Rurals South / Atma Rurals North Ghana Ghana Water Company Water transmission main of 98 km length, 24 diameter; Water distribution network with a total length of approximately 100 km, including 9,000 house connections; Four water storage tanks, each with a volume of 1,000 m 3, and an additional tank with a volume of 2,000 m 3 ; Design of four water treatment plants of 14,000 m 3 /day capacity, and construction of three plants $ 75 million Status Expected Completion yearned Project Name Country Client Project Description Contract Value Status Various Projects in Poland Poland Municipal Water Companies Piping, pumping stations $ 35 million Under construction

11 Quiminha Project-Angola Client: Angolan Ministry of Agriculture Size: USD 208 Million Financing: Led by Tahal- a consortium of banks managed by ING vis a vis the Angolan Ministry of Agriculture Project Goal: Construction of agricultural settlement for 310 families including agricultural farms Project term: 36 months (commencing at the beginning of 2012) plus 6 months for planning Agricultural Guidance: 24 months of support and agricultural guidance following the completion of construction

12 ANGOLA Quiminha Project-Location

13 Quiminha Project- Work Specification Electricity Line installation and road pavement to the Quiminha Damm Construction of an agricultural settlement including 310 houses, drinking water infrastructure, sewage, electricity, drainage and solid waste. Development of 310 agricultural farms, including advanced irrigation systems Construction of a logistic center including cooling houses, eggs sorting institution, offices, garages, agricultural guidance center and public buildings Construction of roads and drainage system to serve 64 agricultural farms of 50 Hectares each (total 3,200 hectares) including water systems

14 KWIG Tahal Assets in China October 2011

15 KWIG Kardan Water (KWIG) is an operational platform of Tahal Assets in China, operating in two and three tier cities where there is severe lack of water KWIG aims to become a significant water developer in China In KWIG s current portfolio, there are 11 waste water and water treatment facilities, with existing capacity of over 600K t/day הפעלה בניה תכנון

16 Strategy Tier II and Tier III cities with strong growth potential Kardan Water Maximizing the potential of the existing projects Additional sectors: sludge treatment, desalination 12 / 02 /

17 Expanding Capacity in Existing Plants Capacity yearend 2010 (t/day) Development/Expansion (t/day) Tanggu 70,000 30,000 Boshan 50,000 25,000 25,000 Dagang 30,000 30,000 Huantai 25,000 25,000 Jinnan 30,000 DazhouWS 100,000 50,000 DazhouWW 10,000 Dingzhou 20,000 20,000 Xuanhua 120,000 XuanhuaWR 120,000 Zichuan 30,000 30,000 TOTAL 575, , , , ,000

18 Chinese Water Infrastructure Market Water Plants Concessions in Developing Markets in the last 3 years: India 2% Algeria 5% Others 9% Brazil 11% China 73% Although being a developing Country, China applies advanced regulation enhancing water related projects; KWIG is well positioned and has the capabilities to benefit from the growth potential of the Chinese water market Source: World Bank PPI database, GWI,

19 Pumped Storage Project Kochav Hayarden A pumped storage power plant is a hydroelectric facility enabling the usage of excess electricity during off-pick periods (mainly during the night) for water pumping, being then used to operate an electricity manufacturing turbine in peak hours Tahal Assets holds 81% of the Pumped Storage project rights, deriving from a conditional state license for the construction of a pumped storage project of 300 MW/h in the Yarden Valley. Business Model is based on the sale of electricity availability to the Israel Electricity Company, according to fees to be determined by the Israeli Electricity Authority Construction Period of 5 years and an operation period of 20 years from completion. Total Construction Cost app. USD 400 Million Financial closing expected Within a year following the receipt of all Projects approvals 19

20 Tahal Take away Global and Growing Market in developing markets Strategic Focus based on defined growth engines Yielding infrastructure water assets Initiation and construction of combined Agricultural and water infrastructure projects Engineering Planning and Consulting Focus on Emerging Markets and specifically South East Asia Active in the entire water infrastructure value chaininitiation, planning, execution and operation Brand and Goodwill developed over 60 years and international experience in the water and agriculture sectors Sales and business development platform in app. 30 countries Exploiting the market and company potential to increase and expand the business with a focus on profitability!

21 Thank You Disclaimer This presentation has been prepared on behalf of Kardan N.V. solely for information purposes. It is not an investment advice or an offer or solicitation for the purchase or sale of any financial instrument. While reasonable care has been taken to ensure that the information contained herein is not untrue or misleading at the date of the presentation, Kardan N.V. makes no representation that it is accurate or complete. The information contained herein is subject to change without notice. Neither Kardan N.V. nor any of its officers or employees accepts any liability for any direct or consequential loss arising from any use of this presentation or its contents. Copyright and database rights protection exist in this presentation and it may not be reproduced, distributed or published by any person for any purpose without the prior express consent of Kardan N.V. All rights are reserved. 21