Luxury real estate projects in kolkata by shapoorji pallonji
JV Global Limited · JV Global Limited (40%) –Shapoorji Pallonji ... the TATA GROUP, ... Visited...
Transcript of JV Global Limited · JV Global Limited (40%) –Shapoorji Pallonji ... the TATA GROUP, ... Visited...
JV Global LimitedShareholder Briefing
23rd June 2006
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Welcome
Terry OpieManaging Director
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Overview
� Company Milestones
� Arabian Profile Global Co. LLC – UAE
� Sharus Steel Products Pvt Ltd – India
� China
� Turnkey Projects
� The Future
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Major Milestones
� Re-structuring completed (DSG � JVG)
� Moved to new premises
� Appointed new staff
� Commencement of Joint Venture in UAE
� Negotiation & Signing of Joint Venture with Shapoorji Pallonji (India)
� Negotiating with Shanghai Baochen Steel (China)
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UAE - Joint Venture
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Arabian Profile Global Co
� Production Commenced March, 2006
� Staff Structure
� 12 Factory Staff
� 4 Sales Consultants
� 1 Office Administrator
� Obtained Manufacturing License
� Obtained Business License
� Marketing Campaign – 400 Marketing Packages Distributed
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Arabian Profile Global Co
� Strategic Alliance established with major door & hardware supplier
� Approvals & Supplier Accreditation with:� Ministry of Defense
� Municipality of Dubai
� DUBAILAND
� Jebal Ali Free-Zone
� Established alliances with several large Dubai-based architects – (RMJM)
� Expansion through introduction of new product lines
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Arabian Profile Global Co
Arabian Profile Global – Sharjah Factory
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Arabian Profile Global Co
Spot Welding – Sharjah Factory
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Arabian Profile Global Co
Jig Assembly – Sharjah Factory
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Arabian Profile Global Co
Frames Awaiting Dispatch – Sharjah Factory
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Arabian Profile Global Co
Arabian Profile Global – Sharjah Offices
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United Arab Emirates
“Timing is Everything - The Right Place, at the Right Time”
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Dubai - Progression
1950’s
19902003200420052008
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United Arab Emirates
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United Arab Emirates
� Dubai
� Hub of Middle East
� Oil reserves almost depleted
� Heavy investment in construction, tourism & infrastructure
� Abu Dhabi
� Capital of UAE
� In excess of 100 years oil reserves
� New progressive leadership
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United Arab Emirates
� Sharjah
� Cultural Centre of UAE
� Emirate north of Dubai (15km)
� Experiencing building boom as costs escalate in Dubai
� Ajman
� Emirate north of Sharjah (15km)
� Coastal location with port
� Large number of low to mid-range housing developments (Apartments)
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Middle Eastern Region
� Saudi Arabia
� Qatar
� GCC
� MENA
All experiencing booming economies, with large investments in building & construction
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United Arab Emirates
Mega Projects
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Reem Island
• Total Project Cost : DHS 35 Billion
• Sky Tower – 83 Stories
• Construction to Commence : 2009
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Saadiyat Island
• 12 year construction timeframe
• 150,000 residents, 47,000 residential units
• 27 km2 natural island, 500m from the shoreline in Abu Dhabi
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Al Raha Beach
• Total Project Cost : DHS 54 Billion
• 500 Hectare Development
• 60 Towers, 9 Million m2, 120,000 residents
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Falcon City
• 24 Towers
• Developments based on Rome, Venice, India
• Architecture includes structures based on Pyramids, Babylon & Eiffel Tower.
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Bawadi - Dubailand
• Inside Dubailand
• Project Cost : DHS 100 Million
• 35 themed hotels, 1,500 Restaurants, 100 Stage Theatres
Bigger than
Las Vegas
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Jebel Ali Airport
• 140 km2 – Worlds largest airport, combined size of Heathrow & Chicago’s O’Hare
• Self-sustaining city with 750,000 residents – Total Cost : US33 Billion
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Dubai – “Land of Cranes”
• 30,000 cranes in Dubai
• 24% of world total 125,000
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Palm Jumeirah - Vision
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Palm Jumeirah - Reality
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The World - Vision
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The World - Reality
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Rising Costs…
� “Higher Construction Costs Hurt Nakheel”
� “Building Materials May Rise Further”� Construction costs up 15% in 2 years
� 30% increase in housing costs dur to increased price of materials
� Timber costs increase this year in UAE – Red Meranti up US$100 per tonne
� “Ajman to get Dh15 Billion Freehold Township”� People are looking for affordable prices away from traffic &
Noise
� Property Ownership Laws Changed � Expatriates can now own land � increased demand
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Steel Door Frame Market
AED 50
AED 50
AED 200
AED 30
AED 50
5
AED 15
AED 455
Avg. Cost of Single Wooden Frame & Installation
Raw Material - (Wooden Sub-Frame)
Hinges (3)
Lock Pocket & Striker Plate
Installation (No. of hours)
Total Cost (per frame)
Cost of Labour per hour (Dhs)
Lintel
Raw Material - (Wooden Door Frame inc. Architraves)
Not Applicable
Not Applicable
Not Applicable
Included
Included
Not Applicable
Not Applicable
AED 280Total Cost (per APG 2040 x 820 frame, 155mm B.Opening)
Lock Pocket & Striker Plate
Lintel
Cost of Labour per hour (Dhs)
Avg. Cost of Single Steel Frame & Installation
Hinges (3)
Raw Material - (Wooden Door Frame inc. Architraves)
Raw Material - (Wooden Sub-Frame)
Installation (No. of hours)
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India - Joint Venture
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Sharus Steel Products
� Signed Formal Joint Venture Agreement
� JV Global Limited (40%) – Shapoorji Pallonji (60%)
� Sharus to own land, buildings, plant & equipment
� Finalising profile & machine order will be placed within next couple of weeks
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Shapoorji Pallonji
� Shapoorji Pallonji is one of the premier companies in India, having executed its first contract in 1865.
� First Indian Construction company to acquire ISO-9001 Certification
� They are a large and diversified industrial conglomerate whose holdings include interests in construction, IT, healthcare, pharmaceuticals, water-treatment, power, manufacturing, infrastructure and transport.
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Shapoorji Pallonji
� Shapoorji Pallonji is owned by the MistryFamily, who is the largest private shareholder of TATA SONS LIMITED, the holding company for the TATA GROUP, whose annual turnover is in excess of US$15 Billion.
� Shapoorji Pallonji have offices located throughout India in Mumbai, Ahmedabad, Nasik, Pune, Bangalore, Delhi, Kolkata, Hyderabad and Chennai as well as International offices in UAE, Kazakhstan, Oman, Mauritius and Guyana.
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SP Client List
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SP Client List
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SP Projects
Palace of The Sultan of Oman
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SP Projects
World Trade Centre - Mumbai
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SP Projects
Reserve Bank of India - Mumbai SD Corporation - Mumbai
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SP Projects
Taj Mahal Hotel - Mumbai
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SP Projects
GVK Mall - Hyderabad
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AC Nielsen Survey
� The all India Market for door frames is estimated to be in excess of US$900 Million pa.
� The Tenth Five-Year Plan estimated a shortage of 22.4 million dwellings.
� Over the next 10 to 15 years, 80 to 90 million dwellings will have to be constructed with a majority of them catering to middle and lower income groups.
� Investment required for constructing the houses and related infrastructure in this period would, thus, be to the order of US$666 billion at roughly US$33 billion to US$44 billion per year.
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China
� Visited China – Trade Mission sponsored by WACCC, DoIR and WATO.
� Resulted in meeting SBS – Preliminary MOU signed
� Mr Zhu Dakang visited Perth in March this year
� Resulted in an expanded MOU which sets out criteria for further investigation� Market Survey & Business Plan
� Cost Analysis
� On-Going…
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Turnkey Projects
� Machine Sales
� Egypt
� Jordan
� Sudan
� Sri Lanka
� Indonesia
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Future…
� Appointment of Sales Manager
� Development / Introduction of other products
� New Markets – Austrade
� 5 Year Plan – 3 Joint Ventures
� UAE
� India
� China
� On-track – Ahead of schedule…
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Questions