Overview of Sembcorp Industries Ltd

Transcription

1 Logistics Facilities for Manufacturers in Vietnam 27 August 2015 Overview of Sembcorp Industries Ltd 1

2 Group Structure Temasek Holdings 49.5%* Public Shareholders 50.5% Market cap** S$8.7 bn 100% Sembcorp Utilities 61.1%* 100% Sembcorp Marine Market cap** S$7.4 bn Sembcorp Development Provides energy, water, on-site logistics and solid waste management solutions to industrial and municipal customers. Offers a full spectrum of integrated solutions from ship repair, specialised shipbuilding, ship conversion, rig building and repair to offshore engineering and construction. Develops, markets and manages urban developments comprising industrial parks as well as business, commercial and residential space. * Direct and indirect holdings as at May 29, The percentage is calculated based on the number of issued shares excluding shares held as treasury shares ** Market cap for Sembcorp Industries and Sembcorp Marine as at May 29, 2015 A leading energy, water, marine and urban development group 3 Key Business Mix Turnover S$10.9bn US$8.3bn EBITDA S$1.5bn US$1.1bn Profit from Operations S$1.3bn US$1.0bn Economic Value Added S$525m US$400m Net Profit S$820.4m US$631m Total Assets S$17.2bn US$13.1bn FY14 Net Profit Group Net Profit (S$m) FY14 42% 51% Utilities Marine Urban Development 44.3 Other Businesses 37.4 Corporate (28.6) TOTAL NET PROFIT % 5% 58% 4 6% 2

3 Our Global Footprint Global Operations Across 16 Countries in Six Continents 5 Strong Capabilities Sembcorp s Developer-Owner-Operator Model DEVELOPER Project identification, acquisition and finance Business development Commercial and financial structuring Project development Engineering capabilities Project management and execution OWNER Equity stake in asset Disciplined long-term investor with strong governance OPERATOR Asset management Engineering and technical capabilities Operation and maintenance (O&M) Fuel management and trading HSE management Strong track record and proven capabilities in executing large-scale greenfield energy and water projects Oman UAE China Vietnam Singapore India Singapore 6 3

4 Strong Capabilities Balanced Energy Portfolio Targeting a sustainable portfolio of thermal and renewable energy assets Managing a high efficiency portfolio with a diversified fuel mix Growing renewable energy capabilities with the dual objective of business profitability and carbon risk mitigation Gas 53% Coal 32% WIND China: 446MW India: 665MW Power Capacity Renewable 15% SOLAR India: 35MW Fuel type Power capacity (MW) Steam capacity (tph) Gas 4,384 3,942 Coal 2, Renewable 1, ENERGY-FROM-WASTE / BIOMASS Singapore: 200tph steam UK: 84MW and 130tph steam Total 8,254 4,532 7 Specialised Solutions for Global Water Needs Water & Wastewater Treatment Facilities under Management > 9 million m 3 /day Strong track record as a developer, owner and operator of water assets Expertise in providing total water & wastewater solutions for industrial & municipal sectors Specialised capabilities in treating multiple streams of high concentration industrial wastewater directly from customers Capability to reconfigure and upgrade existing wastewater treatment facilities to ensure compliance with stringent discharge standards Ability to provide cost-effective solutions to water-stressed areas, including large scale desalination and water reclamation Note: Capacity refers to total gross capacity of facilities in operation and under development 8 4

5 Marine 9 Sembmarine Integrated Tuas, Singapore Marine Growing and Expanding Our Business Strategic Global Network of Shipyards 10 5

6 Marine Full spectrum of integrated solutions Exploration Production Maintenance Drilling Units Jack-up rigs Semi-submersible rigs Drillships Offshore Platforms & Floating Production Units Fixed production platforms Floating production facilities: FPSOs, FSOs, FPUs, TLPs, SPARS Repair Underpinned by long-term strategic alliances and regular customers Niche market segments such as: Drillships Jurong Espadon proprietary design Semi-submersible rigs -harsh environment rigs -ultra deepwater rigs -well-intervention rigs -accommodation rigs FPSOs LNG carriers Cruise ships Jack-up rigs -Pacific Class 400 proprietary design -harsh environment rigs -ultra-high specification rigs Fixed Production Platforms Drillship/semi /FPSO upgrading 11 Sembcorp Urban Development 6

7 Urban Development 13 VSIP Sino-Singapore Hai Phong Integrated Nanjing Township Eco Hi-tech & Industrial Island, Nanjing, Park, Vietnam China Our Differentiating Factor What Sembcorp does distinctively well Cultivates strong ties with government and other stakeholders, providing access to future projects A brand known for attracting high quality, long term investors and tenants to its projects Offers fully integrated solutions to transform rural areas into self-sufficient townships Urban Development Model Land Developer Industrial land sales Commercial & Residential land sales Real Estate Developer Ready-built factories (RBF) Built-to-suit factories Commercial & Residential - Within/around the Parks Facilities Management Utilities Delivering the economic engine to support industrialisation and urbanisation What Sembcorp has built through the years A significant gross land bank of over 10,000 ha in Vietnam, China and Indonesia assuring a robust development pipeline Deep relationships and insights customers and a database of over 4,000 global companies A strong household name in Vietnam, China and Indonesia 14 7

8 Urban Development Positioned in Key Growth Areas 12 projects in Vietnam, China VIETNAM and Indonesia 700 tenants comprising MNCs and leading local enterprises US$14bn in direct investments attracted to our CHINA integrated developments 3,689 ha remaining saleable land Enhancing value through selective C&R developments Vietnam 6 projects strategically located in the southern, central and northern economic zones China Key growth regions. Jiangsu s contribution to coastal success. Well placed to benefit from shift towards centralwestern China development *Sembcorp is a shareholder in China-Singapore Suzhou Industrial Park Java, Indonesia Central Java expected to benefit from investment spillovers from Jakarta *Sembcorp also pioneered the developments of Batamindo Industrial Park and Bintan Industrial Estate. Marketing & management services provided by Sembcorp ceased in Urban Development 16 8

9 Urban Development 17 Urban Development Batamindo Industrial Park Operational since 1991 Location: Batam Island Land area: 320 hectares Tenant Investment >US$2 B Export Value: >US$2.5 B Bintan Industrial Estate Operational since 1993 Location: Bintan Island Land area: 270 hectares Tenant Investment >US$110 M Export Value: >US$300 M 18 9

10 Sembcorp Development has evolved into a leading developer in Asia Our Products & Services Our Value Add Industrial Properties Prepared land sales Ready-built factories sale & lease Maintenance Utilities & Infrastructure Electricity Water supply Water treatment Sewage treatment Telecommunications Service belts (reticulation) Roads & drains Amenities Commercial and social amenities Executive accommodation Club house and golf courses Dormitories Providing Integrated Urban Solutions Vital Partners Serving about 620 international customers Created employment for 221,000 and Export value of more than US$11 billion Marketing and Liaison Foreign investment cultivation & promotion activities Liaison with government and regulatory bodies Quality care for global customers One-Stop Service Park operations & facilities management Technical consultancy & support services Project management & contracts administration Lease management & legal services Security & fire safety Manpower recruitment & management License processing Logistics Knowledge Transfer and Training Management and marketing best practices 19 Logistics Hubs 10

11 Setup of New Infrastructure Investment Unit Incorporated Sembcorp Infra Services Pte Ltd in Jan 2014 Incorporated Sembcorp Infra Services Hai Phong Co. Ltd in Vietnam in Jun 2014 First project: Land handover in Haiphong, Vietnam in Jul 2014 Started construction in Oct 2014 Completed first 5 units of 15,000 sqm total build up space in Aug Location of Sembcorp Logistics Hub in VSIP Hai Phong Industrial estate Ready Built Factory VSIP Hai Phong Sembcorp Logistics Hub International Seaport Domestic Airport 22 11

12 Warehouse Perspective View Phase 1 15,000 sqm (Built up area) Completed construction in July 2015 Phase 2 15,000 sqm (Built up area) To be built at a later stage 23 Layout of Logistics Hub Phase 1 Complete construction in July 2015 Phase 2 To be built at a later stage 5 units of 3,000 sqm each 24 12

13 Section View of the Warehouse Metal Profiled Roofing System With Thermal Insulation & Waterproof Membrane 1m Horizontal Gap for Smoke Discharge & Ventilation 2m Perimeter Fence Mezzanine Floor Ramp Staircase to Mezzanine Floor 25 General Warehouse Specifications For each warehouse unit Capacity : 3,000 m 2 (Floor area - 2,700 m 2, mezzanine office 300 m 2 ) Security Firefighting Dock doors Dock Height Clear Height Loading bay : 8 units of CCTV around the perimeter of the warehouse : Fire extinguisher, fire hosereel, fire sprinkler, beam and smoke detector, fire alarm bell : 3 doors : 1.35 m : 8.00 m : 3 bays 4 roller shutter doors 26 13

14 First Project in Vietnam Sembcorp Hai Phong Logistics Hub 15,000 sqm of Warehouse built over 2.5 ha of land 27 High Quality Warehouse Mezzanine Floor for Office Space In-built Firefighting Equipment 28 14

15 Sembcorp Hai Phong Logistics Hub Grand Opening Ceremony 30 th July Sembcorp Hai Phong Logistics Hub Grand Opening Ceremony 30 th July

16 Local Press Coverage for the Grand Opening Ceremony Vietnam Investment Review 2 Hai Phong Newspaper Hai Phong Police Newspaper Positioning of Logistics Hubs VSIP Hai Duong / VSIP Bac Ninh VSIP Hai Phong Use Hai Duong / Bac Ninh as location for storage and domestic distribution into Hanoi area Use Hai Phong as import / export point in / out of northern Vietnam VSIP II Binh Duong Distribution hub for southern Vietnam VSIP I and II customers can send goods to central and north using our distribution hubs in Quang Ngai, Hai Phong, and Hai Duong, and vice versa Link up to other VSIP through north-south barging Empty containers to stop by at VSIP Quang Ngai to facilitate import / exports Tap on bonded warehouse and savings on import / export duties through bonded status and VSIP Hai Phong as SEZ VSIP Quang Ngai Use Quang Ngai as import / export point in / out of central Vietnam Distribution center for central Vietnam 32 16

17 Types of customers Key Target Segments Value Proposition Logistics companies Overseas suppliers of VSIP manufacturers Logistics service providers to our manufacturing tenants or to the surrounding area, tapping on our infrastructure and customer base Consolidation of overseas suppliers for Vendor Managed Inventory / JIT delivery to factory Bonded warehouse no import duties is payable from bonded warehouse to EPE (Export processing enterprise) Manufacturers / Distributors Provide one-stop service, especially upon entry into Vietnam and start of operations Proximity to the port for import / export Simple processing Mix use of factory rental and warehouse services New market entrants to Vietnam Position goods in Vietnam for distribution into Vietnam to grow the market 33 THANK YOU For more information, please Goh Puay Guan at goh,puayguan@sembcorp.com, or contact: logistics@sembcorp.com Sembcorp Industries

18 Vital Partners. Essential Solutions. 18