Airport City Curaҫao

Size: px

Start display at page:

Download "Airport City Curaҫao"

Blaise Page
5 years ago
Views:

1 Airport City Curaҫao 1 1

3 Nüesch Development, May

4 2

5 Overview Management Summary Curaçao Unique Selling Propositions Airport City Development Concept and Master Plan Land availability Conclusions Airport City Development Ing. Simon Kloppenburg Curaçao Airport Holding Margareth Abraham Plaza z/n Hato International Airport Curaçao +599 (9) Florian Diener, lic. Iur. Nüesch Development AG Quellenstrasse 1 CH 8005 Zürich Switzerland +41 (71) diener.f@nuesch.ch 3

6 Management Summary (1) CURACAO Being an autonomous country within the Dutch Kingdom, Curaçao is a very special island within the Caribbean. As beautiful as a Caribbean Island can be for Tourism, Curacao has so much more to offer to facilitate international trade and services: Curacao Logistical Hub offering trusted value added services; a government approved integrated policy and commitment by the Seaport, Airport, International trade-, ICT- and Financial Sector to become the # 1 Business Destination in the region. Curaçao European Qualities in a (Latin-) American market; privileged tariffs to the EU, Dutch law makes legal acts easier and safer, Dutch school system guarantees quality on all levels. Curaçao The Safe Gateway to and from Latin America: European standards strategically positioned between the subcontinents, reachable with short distant flights from all major airports in the Americas, as well strongly connected to the European mainland. Curacao Intercultural mediator; with over 125 nationalities and all recognized religions present, a well educated workforce and every local speaking up to 4 languages, Curacao understands and can facilitate intercultural business better than any other country. Curaçao Departure after Autonomy: since Curaçao gained its autonomy from the Netherlands, but still part of the Dutch Kingdom, profits from its tight connections (law, school system, budget control and defense); US air force based in Curaçao is an example of its proven relationship with world partners. 4

7 Management Summary (2) AIRPORT CITY In order to build on these qualities Curaçao Airport Holding is embracing the Airport City concept; becoming an integral business and residential district in its own right. As the Airport City develops, it will become the center of a complex distribution and shipping network and a destination for niche industries. Sea Water Air Conditioning (SWAC) and Green Energy Production (OTEC, Solar and Wind) and Research will make Curacao International Airport the first 100% Green and self-sufficient airport in the region and even the world. Airport services, business hotels and offices, warehouses with ecological cooling systems for more high-tech, time sensitive and freight forwarding companies- in combination with developments such as Spaceport operations, Eco park, and Sporting and Entertainment facilities, Curacao International Airport will become a magnet for R&D and educational industries that will lead to impressive educational opportunities, economic growth and job creation. Curacao International Airport the High-Tech, Green and Innovative Knowledge Center 5

8 Management Summary (3) PROPOSITION Curacao Airport Holding is the owner of the Airport. Airport Operations has been handed over to Curacao Airport Partners owned by A-port (Zurich Airport, Camargo Correa and IDC) and Jansen de Jong, by means of a 30 year concession agreement. CAH owns approx. 450 Ha of land surrounding the Airport available for the development of the Airport City, whereof approx. 200 Ha is available for vertical development. Together with the land of CAP, the total Airport City development plan can offer over 1 million m2 of rentable space triggering investments of US$ 1.8 billions. The Airport City Master Plan lays out the intended developments and designated use of the land. Whereas CAH will act as the Land Lord, protecting the long term vision and the Island and Airports interest, it will be responsible for providing necessary infrastructure and availability of utilities and centralized services. Land can be made available for Investors, Developers and Businesses by Long Lease, subject to both general and specific Long Lease terms & conditions. Prior to the allocation under a long lease term, CAH and the potential Lessee will have to enter into a Project Development Agreement, specifying the; Purpose of the development Timeframe of the development Commercial Value of the development 6

9 Management Summary (4) PROPOSITION Long Lease allocation can be done for a period of years Lease Fee ( rent ) consist of Yearly Interest Component 6% of land value with yearly Indexation Pro-Rata User Component ( Park Management fee ), fair share contribution for general infrastructure, facilities & services, to be justified by the Users Council. Sales Component of 2 % of gross revenue Lessee is offered the option to pay the Interest Component in advance (buy out). To meet the investors needs, CAH is offering large scale of incentives and benefits s.a.; extended or scaled payments, discounts, (equity) participation etc. Government Incentives Most project are allegeable for a Tax Holiday which means Exemption from import duties and VAT on imported goods intended for the operation of the business, a reduced profit tax rate of at least 2%, exemption from property tax for ten years, exemption from usage tax, exemption from income tax for dividends paid within two years after the fiscal year in which the profits are achieved. All subject to approval of the Curacao Government on a project by project basis. 7

10 Management Summary (5) DISIGNATED LAND USE

11 Management Summary (5) DISIGNATED LAND USE 1 Central Buildings, Parking Central 2 Logistic West, Freezone 3 Airport Services (CAP) 4 Business Park 5 Space related development, Space Base (CAP) 6 Ecopark and outside Ecopark elements 7 Hillside development 9

12 View on Airport City Curaçao 10

Small body airplanes reach Curaçao from both subcontinents allowing cost effective direct

13 Curacao Unique Selling Propositions 1 Curaçao the Hub between the Americas Safe gateway to and from Latin America: High potential to be a logistic center (air and sea) for South and Central America Small body airplanes reach Curaçao from both subcontinents allowing cost effective direct connections. Dutch school system generates higher qualified students, valuable for a growing economy in Curaçao. 11

Curaçao with its Dutch history applies EU law. The Supreme Court is in Den Haag.

14 Curacao Unique Selling Propositions 2 Curaçao with European Qualities Goods with added value in Curaçao can be imported into the EU on privileged tariffs. This makes Curaçao interesting for the final step in production of various products. Curaçao with its Dutch history applies EU law. The Supreme Court is in Den Haag. The Roman law reduces complexity and cost of doing contracts while reducing risks. This is unique in the Americas. Dutch school system generates higher qualified Students valuable for a growing economy in Curaçao. 12

Curacao Unique Selling Propositions 3 Curaçao the

10. 2010 Curaçao got its autonomy from the

air force Building on existing history of tourism

15 Curacao Unique Selling Propositions 3 Curaçao the Departure after Autonomy Curaçao got its autonomy from the Netherlands Keeping Dutch (European) law, the Dutch school system, Dutch control on governmental budgets, protected by Nato and US air force Building on existing history of tourism and financial services Gaining from a motivated population to prove their new independence 13

16 Airport City Development Concept and Master Plan 14

17 Logistic Park Free Zone Outlet Mall Gas Station Terminal 2+3 with Airside Hotel Parking Cable car Central 1 Central 2+3 Green Park FBO & Maintenance Hangars Eco Park High-tech & Sea Water R&D SWAC Park OTECar k Waste-toenergy plant Plant Lab Fishfarm Business Park Hillside Sporting & Event Facilities Student Campus University Hotel 3-star Office Park SpacePort Space Experience Space Park Green Park Hotel 5-star Roosvelt alley Movie Theatre

18 Airport City Development Concept and Master Plan Key Ideas for Airport City Extension of Airport with specialized airport services (hangars for private jets, maintenance, airside hotel, etc.) Offices and Showrooms for international companies to approach the South and Central American markets Shopping for international shoppers (air traveler, cruise ships, tourism) International logistic with free zone + hotels + universities basic infra structure for High tech related activities like: space base, space park, space museum, space research, eco park, eco research, waste-to-energy, seawater cooling, fish farming and agriculture 16

Airport City Development Concept and Master Plan High tech cooling

sea water than with electricity for the whole Airport City

touristic) Agri- and Aquaculture, using the clean water from deep

19 Airport City Development Concept and Master Plan High tech cooling with seawater: green and cheap Significantly cheaper cooling with sea water than with electricity for the whole Airport City (competitiveness) Sea related Research Eco Park (educational and touristic) Agri- and Aquaculture, using the clean water from deep sea Waste-to-Energy Plant to minimize footprint and produce electricity 17

20 Airport City Development Concept and Master Plan Eco Park, driven by cold seawater cooling 18

21 Eco Research Laboratories and Fish Farm 19

22 Airport City Development Concept and Master Plan Airport Services Air side Hotel for hub travelers Hangars for private jets of neighbor countries Airplane Maintenance Airline services Ready to use Business Park Show rooms Light industry Outlet Mall and tax free window shopping with shipping service 20

23 Terminal Area Departure Zone and Central building 21

24 View from Airport Hotel (airside) on Runway 22

25 Roosevelt Alley with Business Parc and High Tech Companies 23

26 Outlet Mall with taxfree solution 24

27 Interior of Outlet Mall 25

Airport City Development Concept and Master Plan Hospitality and Universities Business hotel (3-star), Boardinghouses for long stays and finally a 5-star hotel over viewing the airport University for

28 Airport City Development Concept and Master Plan Hospitality and Universities Business hotel (3-star), Boardinghouses for long stays and finally a 5-star hotel over viewing the airport University for the Caribbean and the north part of South America focusing on high-tech, green and innovative Knowledge (driven by the space and eco activities) Private Education for the regional young people of mid to high class families Event place, utilized by Baseball Academy and sporting facilities for local and international youth and professionals 26

29 5 Star Hotel with direct cablecar link to Terminal 27

30 University Building with Auditorium and meeting Area 28

31 Student Campus 29

32 Eventspace 30

(Sales & Exhibition) and spare parts logi

33 Airport City Development Concept and Master Plan Industrial Logistic and Free zone Free zone warehouses (air and sea) Warehouses with competitive cooling systems by SWAC (sea water air conditioning) Showrooms (Sales & Exhibition) and spare parts logistics (Call & Service centers) for international companies (e.g. China, Brazil) servicing South and Central American markets Light industry assembly for Europe and the Americas 31

34 Typical Warehouses with offices and showrooms (also cooled) 32

35 Higher standard Warehouse / Showrooms 33

related Technical Service Companies High-tech Research and Manufacturing

36 Airport City Development Concept and Master Plan Private space travel and related services Spaceport for personal and commercial spaceflight operations Space related Technical Service Companies High-tech Research and Manufacturing companies Entertainment Space Park for space travelers and tourists Space Museum & Education 34

37 Space Base Hangar 35

38 Space Museum and Movie Theater 36

39 Land Availability 37

40 Land Availability 38

41 Land Availability Airport City Curaçao - Areas, Sizes Building area m2 # buildings site m2 Freezone Development Warehouses 8, ,000 Freezone Development Warehouses combined w. office 8, ,000 Freezone Development Showrooms 5, ,000 Freezone Development Cooled Warehouses 8, ,000 Free Zone total 420, ,000 Logistic West Development Warehouses 8, ,000 Logistic West Development Warehouses combined w. office 8, ,000 Logistic West Development Showrooms 5, ,000 Logistic West Development Cooled Warehouses 8, ,000 Logistic West, Outlet Outlet Mall 90, ,000 Logistic West, Automotive Center Gas Station & Services 9, ,000 Logistic West total 497, ,000 Hillside development Baseball Aacademy & Eventplace 120, ,000 Hillside development Hotel (4-5 star) 22, ,000 Hillside development University 5, ,000 Hillside development Studenthomes 1, ,000 Hillside development Green Park development & conservation 380, ,000 Hillside total 757, ,000 Central Development Central Building 1 7, ,000 Central Development Central Building 2 7, ,000 Central Development Central Building 3 7, ,000 Central Development Cable Car to Hill 2, ,000 Central total 27,000 23,000 Central Development, Parking Airport Parking PP 9, ,000 Parking total 9,000 9, All numbers and figures are indicative and for triggering discussion purposes only; for more information and details, contact Curacao Airport Holding

42 Land Availability 40 All numbers and figures are indicative and for triggering discussion purposes only; for more information and details, contact Curacao Airport Holding

43 Land Availability Phases Facts and Figures Start-up Phase I Phase II Phase III years Tenant mix m2 Airport Services 89,810 29,520 44,352 15,938 0 Central Buildings 45,263 12,750 32, Offices and Showrooms 272,170 12,500 19, , ,000 Hotels 17,850 5,950 11, Shopping & Outlet 43,688 3,188 40, Logistics Warehousing etc 199,600 9,600 30,000 80,000 80,000 University 72,000 24,000 24,000 24,000 Student Homes 11,952 3,984 3,984 3,984 Space Port 19,800 19,800 Space Expidition 10,200 10,200 Space related 16,575 10,200 6,375 Ecopark development 3,400 3,400 Baseball Academy & Event Space Sea Water AC Waste to Energy 4,250 4,250 Fish Farming 180,200 60,000 60,000 60,200 Parking 22,000 22,000 Total 1,010, , , , , All numbers and figures are indicative and for triggering discussion purposes only; for more information and details, contact Curacao Airport Holding

44 Conclusions Airport City Development Airport City Curaçao is geographically well positioned as the safe Gateway to and from Latin America The European Qualities in a (Latin-) American market offer privileged tariffs to the EU; Dutch law makes legal acts easier and safer to do business on the island The Green positioning and services gives a competitive advantage for the whole Airport City Development Airport services, business hotels and offices, warehouses with ecological cooling systems for more high-tech, time sensitive and freight forwarding companies- in combination with developments such as Spaceport operations, Eco park, and Sporting and Entertainment facilities, Curacao International Airport will become a magnet for R&D and educational industries that will lead to impressive educational opportunities, economic growth and job creation. Tremendous investment opportunities 42

45 Conclusions Airport City Development CAH owns approx. 450 Ha of land surrounding the Airport available for the development of the Airport City, whereof approx. 200 Ha is available for vertical development. The total Airport City development plan can offer over 1 million m2 of rentable space triggering investments of over US$ 1.8 billions. The Airport City Master Plan lays out the intended developments and designated use of the land. Whereas CAH will act as the Land Lord, protecting the long term vision and the Island and airports interest, it will be responsible for providing necessary infrastructure and availability of utilities and centralized services. Land can be made available for Investors, Developers and Businesses by Long Lease, subject to both general and specific Long Lease terms & conditions. Long Lease allocation can be done for a period of years. Lease Fee ( rent ) consist of a Yearly Interest Component, a Pro-Rata User Component and a Sales Component. Lessee is offered the option to pay the Interest Component in advance (buy out). Great incentives can be offered to facilitate successful investment and implementation of project opportunities. 43

47 47 47

THE INTEGRATED TRADE AND INDUSTRIAL HUB OF ABU DHABI

THE INTEGRATED TRADE AND INDUSTRIAL HUB OF ABU DHABI CONTENTS 04 04 The Capital Emirate 08 Connecting You to the World 06 The Pulse of Trade 12 Ready for Business CONTENTS 16 Tailored Solutions 22 Master