New Opportunities

In the name of God
1
IRAN
Post Sanction Opportunities
AAAfkhami, 19 May, 2015, Frankfurt - Germany
2
Iran’s Economic Highlights
3
 Population(2015)
≈ 80 million
 Students :
Schools
Universities
12.5 million
4.2 million
Mainly educated
23.8 million
35% Women
 Workforce :
4
 Cell phone(2015)
Subscribers 110
million
Active
68
million
42
million
 Internet Users:
 Employment Structure:
Agriculture 18 %
Industry
35 %
Service
47 %
5
Important Events
 1980
Imposed War
(8 years)
 1985/1988
Oil Price Slump
(10$/Barrel)
 2005/2013
Oil Price Sharp Increase (over 100$/ Barrel)
 2012
Devaluation of Rial
 2014/2015
Oil price Decline to around (50 $/Barrel)
 Now
OPEC Oil Basket Price
(2.5 times)
(63 $/Barrel)
6
Economic Highlight
2011
2013
2015
 Inflation(%)
28
45
15
 Growth(%)
-2
-6.2
+2
 Unemployment(%)
12.6
13
10.5
 Oil export (million bpd)
2.2
0.8
1.2
 Non Oil export(billion USD)
28
33
50
 Oil price (average $)
107
105
60
 Import
61
51
52
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Banks
No
 State Owned
 Private
 Credit Inst.
Deposits
Facilities
8
68%
72%
23
29%
26%
7
3%
2%
8
New Government policies
 Committed to having Development Plan of the Country
 Supporting a Capable , Competitive & Strong Private Sector
 Creating an Excellent Political & Economical Relation with
Global Community
 Providing Secure, Stable & Sustainable Business Environment
 Supporting a Strong Social Security System
 Initiating an Efficient Environmental Policy & Measure
 Moving Towards more Free & lean Economy i.e. Less Price
Control by Government
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 Crude Oil reserves
157 billion barrels
10% of world's total reserves
4th in the world
 Natural Gas reserves 35
trillion cubic meters
17% of world's total reserves
2nd in the world
10
Mining
 Among 15 major mineral-rich countries
 37 billion tones of proven reserves
 57 billion tons of potential reserves
 1% of the world's population vs. 4% of the world's
total mineral reserves.
11
Stock Market
2011
2013
2015
 No. Companies :
662
690
745
 Tedpix
23k
45k-88k
63k
164
134
 Market Cap (billion $)
 Turkey
80
No. companies 371
Market cap 220 (billion $)
 Malaysia No. companies 823
Market cap 429 (billion $)
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Stock Market
Attractive industries




Petrochemical
Refineries
Banking
Basic Metals
 Investment
P/E
4-5
7-8
4-8
5-10
5-6
Share of Total Market
25%
8%
12%
10%
9%
 Mining / Automotive / Communication
 Construction-material/ Pharmaceutical / IT
6/4/4 %
2/1/1 %
Less Attractive
 Textile/ Leather/ Tile & ceramic / Agriculture/ Wood & Paper/
Transportation/ Medical equipment
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Investment In Iran
 Shall be Protected by Law Through Registration in FIPPA
“Foreign Investment Promotion $ Protection Act”
 Shall Benefit a Tax Exemption of 5-10 years
* in Free Zones : 20 years
 Shall enjoy Receiving up to 75% Financial Facility Subject
to Exportable Products
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Free Zones :




Kish Island
Qeshm Island
Chabahar (Sistan & Balouchestan)
Anzali (Gilan)
Special Economic Zones :










Assaluyeh (Boushehr)
Bandar Imam Khomeini (Khuzestan)
Persian Golf Mining Industry / Parsian (Hormozgan)
Aras – Sahlan(Tabriz)
Parand – Rey (Tehran)
Arvand (Abadan & khoramshahr)
Sarakhs (Khorasan)
Sirjan-arg (Kerman)
Amirabad (Mazandaran)
Salafchekan (Qom)
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New Opportunities
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New Opportunities
► Jask Free Zone
 Refinery / Tank Farm / Petrochemicals
 Power Plant / Oil & Gas Export Terminals
• Chabahar Free Zone
 Petrochemical Plants/ Steel Mills
 Assaluye (SEZ)
 Petrochemical plants / Utilities
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New Opportunities
 Petrochemical Plants :
 GTPP /MTP /MTO / Fertilizers (urea – ammonia)
 Propylene - Poly Propylene
 Olefins
- Polyethylene
 IRAN LNG Terminal :
 11 million tons/years Capacity
 48% Progress
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New Opportunities
 Power Plants
 5000 MW (10 x 500 MW plants) is under Construction
 3000 MW / year is required
 Desalination
 2 x 100k M3 /day Capacity recently Financed
 Further 800k M3 is required
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New Opportunities
► Steel Mills / Mines :
 Current capacity : 20 million ton / year
 Next 10 years plan targets : 55 million tons / year
 Iron ore / Concentrate / Pelletizes / Slab/ Thin Slab
► Aluminum : 300k tons / year – recently financed
► Copper / Lead – Zink / Others
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New Opportunities
► Infrastructure
 The 1st Fast Train (1.8 billion $) Tehran – Isfahan recently
Financed by BIM
 2 more Lines are Planned : Tehran – Mashad
Tehran – Tabriz
 Some more : Isfahan to Ahvaz & PG Ports are under study
 Chabahar to Mashad & CIS Countries (East Transit Line)
 Expansions of Imam Khomeini Airport is planned with
target capacity of 25 million passenger / year
 Expansion and Modernization of ports (Bandar ImamBandar Abbas – Jask- Chabahar)
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New Opportunities
► Big Cities metro + public transportation
► Renovation of Auto Industries + parts manufacturing
► High Tech Pharmaceuticals (Bio Tech)
► Food Processing
► Construction Materials
► Electronics, Home Appliances , …
► Renewable Energy
 Wind & Solar Farms
► Ship Building
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Financial Resources
► NDF (National Development Fund)
► Government Allocations
► Diversified Financial tools
 Islamic Banking
 Convertible Bonds
 Sukuk
 IPO
► International Financial Market
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A Big Picture of Opportunities in IRAN
Over 100 Billion $ Market a year
Great Nation with well educated Expertise
Secure, Safe and Sustainable Business Environment
Regulated Banking & Financial System
Rich Natural Resources (Oil, Gas, Mine)
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The Right Partner
► Investment Houses
 Mainly owned by Pension Funds
 Ghadir / Shasta / CSPF / OIIC
► Private Sector
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The Right Partner
► Ghadir Investment Company (GIC)





Founded 1992
Listed in TSE with 85000 Shareholder
Paid Capital : 1.1 billion $
Market Cap : 4.5 billion $
Activities Portfolio :
•
•
•
•
Oil, gas & petrochemical
Power plant
Mining & steel
Construction
 Export : 3 billion $
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Bank
of
Industry & Mine
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At a Glance
 Founded:
1979
 by merging of the followings:
o
o
o
o
o
Industrial Credit Bank
(Since 1956)
Industrial and Mining Development Bank of Iran (Since 1959)
Development and Investment Bank of Iran
(Since 1973)
Iranian Banks Investment Company
(Since 1975)
Industrial Guarantee Fund
(Since 1960)
 Paid Capital:
€ 1 Billion
 Employees:
1200
 Branches:
 Market Share:
70
% 22
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Activities

Project Finance

Corporate Banking

Derivatives & New Tools

SME Banking

Investment Banking

Islamic Banking

Asset / Wealth Management
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The way forward
BIM is committed to be:
 The main provider of financial and banking services for
Industry and Mine Sectors.
 The Outstanding Development Bank of the region.
 A Lean and Agile Organization.
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Social Responsibility
 Empowering the People
 Bringing an End to Poverty in the Region.
 Social justice accomplishment
 Helping people to help themselves
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Responsibility
We must focus on
“Responsible Investments”
&
“Global Partnership for Development”
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Turning
Great Ideas
Into
Great Businesses
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Let us take the first step
Together, Building a better Life
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A Merit
Responsible Corporations have a Philosophy
reflected in their Slogans
BANK of
Industry&Mine
For Progress, Development & Better Life
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Many Thanks
AAAfkhami, 19 May, 2015, Frankfurt - Germany
[email protected]
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The Objective

Utilizing all development banking
services, approaches and techniques in line
with national economic development plan by
encouraging & supporting private investors, via
providing financial engineering and banking
solutions for industries and mining sectors
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Vision
 To be the Leading Specialized Development
Bank in the region and outstanding in value
creation in industry and mining sectors.
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Subsidiaries
 BIM Investment Company
 BIM Brokerage Company
 BIM Exchange Company
 BIM Leasing Company
 Atye-Damavand Investment Company
 Iran Chemical Industries Investment Company (ICIIC)
 Europäisch-Iranische Handelsbank AG
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Highlights 2013
Financing:
 22 percent of Industrial and Mining Investment Projects
nationwide.
 305 Steel, Oil, Gas, Petrochemical & Infrastructure Projects
came to operation with 11K direct employment.
 2300 SME projects with 35K direct employment.
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Sample of
in-process projects
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Steel Billet Production Plants
Name:
Financial Facilities :
Nominal Location:
Capacity :
Mianeh
Ghaenat
225 million Euro
230 million Euro
AzarbayjanSharghi province
Khorasan Jonobi province
800K t/y
800K t/y
Name:
Financial Facilities :
Location:
Nominal Capacity :
Sepid Dasht
Neyriz
230 million Euro
225 million Euro
CharmMahal-Bakhtyari province Fars province
800K t/y
780K t/y
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Petrochemical Plants
BIM is the financer of 8 Petrochemical Plants
with totally 2 Billion Euro’s facility:
Name:
Financial Facilities :
Location:
Production:
Nominal Capacity :
Marjan Methanol
340 Million Euro’s
Bushehr province
Methanol
1.650 million t/y
MasjedSoleyman
425 Million Euro’s
Khuzestan province
Urea & Ammonia
4 million t/y
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Petrochemical Plants
Name:
Arman Methanol
Lavan
Financial Facilities :
245 Million Euro’s
220 Million Euro’s
Location:
Bushehr province
Bushehr province
Production:
Methanol
Urea & Ammonia
Nominal Capacity :
1.650 million t/y
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Infrastructures
BIM is the financer of 5 important Train & Metro Projects
with totally 4 Billion Euro’s facility:
Name:
Financial Facilities :
Tehran-Mashad High Speed train
1.5 Billion Euro’s
Tehran-Isfahan High Speed train
1.2 Billion Euro’s
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Sample of
financed projects
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Petrochemical
Kavian Petrochemical Complex
Financial Facilities
€ 405 Million
Location
Bushehr Province (Assaluye)
Products
Ethylene (Olefin)
Nominal Capacity
2 million t/y
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Power Plants
Movalled Bargh Yaz
Tolid Nirooye Azarakhsh
Financial Facilities :
€ 210 Million
€ 209 Million
Location :
Yazd province
Golestan province
Products :
Electricity
Electricity
Nominal Capacity :
480 Mega Watt
954 Mega Watt
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Steel Mills
Arfae Steel & Iron
Esfarayen industrial complex
Financial Facilities :
€ 194 Million
€ 89 Million
Location :
Yazd province
Khorasan province
Products :
Steel and Sponge Iron
steel billets
Nominal Capacity :
800K t/y
180 K t/y
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Steel Mills
Foolad Hormozgan
Esfarayen industrial complex
Financial Facilities :
€ 50 Million
€ 20 Million
Location :
Hormozgan province
Kerman province
Products :
Sponge Iron
steel billets
Nominal Capacity :
1.5 million t/y
400 K t/y
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SMEs
BIM has recently established
a Strategic Business Unit (SBU)
to finance & serve
Entrepreneurs
for their SMEs projects,
more efficiently.
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SMEs
Sabalan Khodro Mayvan
Iran Khodro - Fars
Financial Facilities :
€ 14 Million
$ 6.5 Million
Location :
Ardabil province
Fars province
Products :
Bus
Automobile
Nominal Capacity :
800 units/y
41000 units/y
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SMEs
Pabdana Coal
Chimi Tex Arya
Financial Facilities :
$ 4.7 Million
€ 4 Million
Location :
Kerman Province
Khoozestan province
Products :
Coal
Petrochemicals (MEK&SBA)
Nominal Capacity :
550K t/y
20,000 t/y
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Challenges
Fund raising & Financing is a hard job.
Let’s have
a Plan and a Tailored Solution,
for Projects.
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