overview of the colombian market and situation in latin america
Transcription
overview of the colombian market and situation in latin america
Colombia: Focused on growth! OVERVIEW OF THE COLOMBIAN MARKET AND SITUATION IN LATIN AMERICA Board of Trade of Metropolitan Montreal June 2014 Tim Steed Senior Associate, IBD South America ABOUT EDC › › › › › 2 Canada’s Export Credit Agency Crown corporation wholly owned by Government of Canada Financially self-sustaining Operates on commercial principles EDC’s Role is to support and develop Canada’s export trade and international business efforts EDC’S FOREIGN REPRESENTATION 3 Latin America Overview Population (millions) GDP US billions (Official exchange rate) Global Competitiveness Index Ranking FTAs In Force (Foreign Currency) Ease of Doing Business Ranking S&P Ratings Canada 35 1,825 AAA 19 14 9 Chile 17 282 AA- 34 34 16 Peru 30 210 BBB+ 42 61 14 Colombia 47 369 BBB 43 69 7 121 1,327 BBB+ 53 55 11 Panama 4 41 BBB 55 40 8 Uruguay 3 57 BBB- 88 85 5 199 2,190 BBB- 116 56 4 Ecuador 15 91 B 135 71 - Argentina 42 484 CCC+ 126 104 4 Venezuela 30 367 B- 181 134 1 Mexico Brazil Sources: IFC, WEF, S&P, CIA, OAS 4 FTA w/ Canada Colombia: Opportunities Oil & Gas, Healthcare, ICT, Clean Technologies, Consumer Goods, Power, Transportation Infrastructure, Smart Grids Miércoles 22 de mayo, 2013, Por: Agencias El colombiano Grupo EPM llega a México 1 February 2013, Business News Americas Colombia set to kick off tender for US$7.34bn hwy, world's 2nd largest infra project Febrero 6 de 2014 Colombia tendrá 7 nuevos puertos Julio 25 de 2013 Colombia, una ‘estrella’ para Coca-Cola Colombia's Nutresa to buy Chilean food processor for $758 million Pacific Rubiales US$2.5bn 2014 budget targets 15-25% growth By Business News America, December 18, 2013 Grupo EB invertirá más de US$ 7.500 millones en cuatro años Noviembre 25 de 2013 Colombia's EPM to invest US$4bn in 2014-17 By Business News Americas staff reporter - Wednesday, October 2, 2013 5 The Pacific Alliance: Chile, Peru, Mexico and Colombia Objectives: 1. Build an area of deep economic integration 2. Promote the growth, development and competitiveness of the members’ economies 3. Platform for political articulation, and economic and trade integration Total population of 212 million Equivalent to the eighth largest economy in the world 6 MULTILATINAS Power, Water, Gas Distribution, ICT, Road Concessions (Colombia has some BIG Multilatinas) “Latin America’s economic renaissance over the past two decades has fostered the emergence of a new generation of corporate champion with regional, and sometimes, global, ambitions.” Institutional Investor - 25 Mar 2013 Colombia Panama El Salvador USD 2.4B revenues USD 7B revenues Guatemala Chile 7 Ecuador USD 900M revenues Argentina Mexico Companies controlled by Grupo de Energia de Bogota Gas Electricity Energia de Bogota Empresa de Energía de Cundinamarca CAPEX CAPEX CAPEX Electricity Distribution, Commercialization Natural Gas Transport USD 308 M Electricity Distribution, Transmission, Generation Colombia Transport.de Energía de Centroamérica CAPEX USD 376 M Electricity Transmission Guatemala Transportadora de Gas Internacional Colombia EEB Ingeniería y Servicios CAPEX USD 44 M Electricity Transmission Guatemala USD 369 M Colombia Gas Natural del Perú CAPEX USD 500 M Natural Gas Distribution Peru CAPEX Approved 2013: USD 814.6 mm Contugas CAPEX USD 350 M Natural Gas Distribution Peru Interconexión Eléctrica S.A. E.S.P. Transporte de Telecom. Concesiones Viales Gestion de Sistemas Transporte de Energía Eléctrica Multilatina: 33 companies, 8 countries, 4 business lines Brazil Colombia Peru Interconexión Eléctrica S.A. Transmission Colombia Red de Energía del Perú S.A. Transmission Peru ISA Capital Do Brasil S.A Transmission Brazil Consorcio Transmantaro S.A. Transmission Peru CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Proyectos de Infraestructura de Perú Transmission / Power Peru Transect SA ESP Transmission Colombia Interconexión Eléctrica ISA Perú S.A. Transmission Peru XM Cia Electricity Wholesaler Colombia Chile Interchile Chile IE Pines SE, Interligação Elétrica de Minas Gerais S/A, Interligação Elétrica do Madeira S.A, Interligação Elétrica Pinheiros S. A., Interligação Elétrica Serra do Japi S.A., Interligação Elétrica Sul S. A. Interligaçao Elétrica Norte e Nordeste,S.A. Intervial Highways Colombia Intervial Chile S.A. Highway and Rail Chile Ruta de La Araucanía Sociedad Concesionaria SA, Ruta De Los Rios Sociedad Concesionaria SA., Ruta Del Maipo Sociedad Concesionaria SA INTERNEXA S.A. Telecommunications South America Interconexion Eléctrica Colombia Panamá Panama South America Comunicaciones Intermedias S.A., Internexa Chile S.a., Internexa Participações S.a., Internexa Perú, Nelson Quintas Telecomunicações do Brasil Ltda., Network Infrastructure in Brazil and Argentina, Transamerican Telecomunication S.A. Flycom Comunicaciones S.A. E.S.P Infra-Estruturas Do Brasil Ltda Brazil Interconexión Eléctrica ISA Bolivia S.A. Bolivia Sistemas Inteligentes En Red Colombia Grupo EPM: Empresas Públicas de Medellín Energy Colombia Mexico & Central America Water Colombia • 44 companies • • 24 in Central America, United States and Spain 20 in Colombia Teleco Local Support: EDC SOLUTIONS How can we help? Let’s talk… 1-800-295-2528 › Increase Sales › Competitive Payment Terms › Performance Guarantees › Improve Cash Flows › Increase Working Capital › Increase Operating Lines › Reduce Risk › Peace of mind you will be paid › Protect your foreign assets 11 EDC Customers Served in Colombia in 2013 x Sector x Company Size Small 34 Large 96 Medium 84 12 EDC Centre d’expertise 13 EDC Contacts – Latin America Latin America Contacts Ottawa Mexico Andean Joanne Tognarelli Chief Representative – South America jtognarelli@edc.ca Teri Nizzola Regional Manager , Mexico City tnizzola@edc.ca Stephen Patrick Benoit Chief Representative - Andean sbenoit@edc.ca Tim Steed Senior Associate – South America tsteed@edc.ca Sean Emmond Regional Manager- Mexico semmond@edc.ca Gustavo Galvis Chief Representative - Andean ggalvis@edc.ca Nadia Avila-Lopez Senior Associate – South America navila-lopez@edc.ca Arturo Garduño Regional Manager, Mexico (Monterrey) agarduno@edc.ca Jorge Rave Senior Associate – Mexico jrave@edc.ca Jean-Sebastian Charron Regional Manager – Central America & Caribbean jcharron@edc.ca Berinder Nehil Senior Associate Central America & Caribbean bnehil@edc.ca 14 Brazil Monica Busch Sr. Regional Manager – Brazil mbusch@edc.ca Chile Christian Daroch Sr. Regional Manager - Chile cdaroch@edc.ca Barbara Domont Associate Regional Manager - Chile bdomont@edc.ca Fernanda Custodio Sr. Regional Manager- Brazil fcustodio@edc.ca Buena suerte! 15