ETIHAD RAIL. Corporate Presentation October 2012

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Transcription:

ETIHAD RAIL Corporate Presentation October 0

The UAE - A Diversifying Economy Etihad Rail is in line with the objective for further diversification of the UAE s economy as set by the National Charter 0 and the Abu Dhabi Economic Vision 00 UAE Economic Visions Key economic projects (Selection) The UAE National Charter 0 sets the key themes of socio-economic development of the UAE. Specifically, the charter calls for a shift to a diversified and knowledge-based economy Abu Dhabi Economic Vision 00 forms a roadmap for the Emirate of Abu Dhabi Targets an increase of the GDP contribution from non-oil sectors to above 60% by 00 Twelve strategic industry sectors identified, including Transportation & Logistics Etihad Rail DP World Terminal Saadiyat Island AUH Airport Expansion ENEC Nuclear Plant CMAG Chemicals City Source: Abu Dhabi Economic Vision 00

Part of the GCC railway network Etihad Rail is a central part of the envisaged GCC railway network. Further rail projects in the region also drive the development of the railway industry in the Middle East GCC railway landscape Remarks Total value of rail projects in the region is estimated to be USD 79bn Joint project for development of USD 0bn GCC railway network Coordination committee for GCC railway project established Harmonization of technical standards Construction schedule synchronisation Operational planning Bilateral access regime Customs & immigration includes rail, metro, tram, and stations Sources: Khaleej Times (8 December 0)

Economic & Social Benefits Development of rural areas The Robin Hood line used closed freight lines in the 990s to link depressed former mining communities to Nottingham, UK. It now carries,500 passengers daily. The,km Baikal Amur Main line (shown in green), started in the 90s to open up parts of Siberia, and completed only in 98, is a spectacular example. The line now supports growing communities and resource industries.

Economic & Social Benefits Reduced carbon footprint CO Emissions by Mode in g / tkm 00 50 00 50 00 50 00 50 0 Light Truck Heavy Truck Coastal Shipping Rail If Etihad Rail achieves its forecasted traffic volumes, green-house gases will fall by more than. million tons per annum. CO emissions in kg/,000 net ton-km Road freight Rail freight Diesel Diesel Electric 5.6.7/ 5. -8%. Gas/petroleum fired electricity generation Massive CO savings by moving from road to rail Decision between diesel and electric has only minor impact on CO savings That s equal to 75,000 cars off the road or planting 5 million trees! Source: "CO Emissions from Freight Transport in the UK prepared 007 by the Logistics Research Centre at Heriot- Watt University for the British Government s Commission for Integrated Transport 5

Economic & Social Benefits Road Safety Fatality rate per billion passenger miles traveled Car (most dangerous) 7. Airplane. Bus.0 Train (safest) 0.5 6

Economic & Social Benefits Efficiency & Sustainability In addition to the railway being a highly efficient mode of transport, it is also much more environmentally sustainable than road transport Saving of truck trips Saving of truck-km Reducing road congestion Saving of carbon emissions Saving in road accidents A single freight train can carry the load of up to 00 trucks... this is equivalent to making room on our highways for more than,000 cars Shifting freight from trucks to rail also reduces highway wear and tear and the pressure to build costly new highways 7

Drivers of freight traffic demand Intermodal traffic, construction materials, metal products and granulated sulphur are anticipated to be the main drivers of traffic demand for Etihad Rail Traffic generators in the UAE Intermodal Sulphur Metal products Aggregates Cement Waste Rail is expected to handle 80 million tonnes of bulk & container freight by 00 Remarks Intermodal traffic in the UAE is characterized by the ports in Jebel Ali and Taweelah, as well as the border connections to KSA Granulated sulphur from sour gas fields to exporting port already acquired as first revenue service Aggregates from the Northern Emirates and construction materials form the majority of the rail bulk volumes Steel and aluminium factories along the coast are further 00 km 50 mi generators of bulk traffic Source: Etihad Rail Market Research 8

Key Facts and Network Phasing Key Facts 00 km Network Length Mainly double Track More than 0 tunnels and around 00 Structures Design Speed up to 0 km/h (freight) up to 00 km/h (passenger) Designed and built to mix of standards (AREMA / AAR, UIC) Diesel traction with option to electrify 0 under construction 07 08 Stage Stage 0 Stage 9

0 Project Timeline 08 07 06 05 0 0 0 0 Stages Activities Rolling-Stock Operation Construction Design Stage III Stage II Stage I Rolling-Stock Operation Construction Design Rolling-Stock Operation Construction Design

Project status All key contracts have been put in place and the implementation of the Etihad Rail project is now well under way Preliminary Engineering Engineering services contracted Stages & complete, PE for Stage ongoing Project Management Consultant International consortium contracted PMC staff fully mobilized and on site Design and Build contract Contract awarded in October 0 Construction now underway next to sleeper factory Independent Safety Assessor ISA contract awarded to Lloyd s Register Safety consulting services by Good Harbour Rolling Stock Seven EMD SD70 locomotives procured 0 covered hoppers supplied by CSR Information Technology SAP system and implementation support contracted Document management system in place

Stage I: Project Progress Stage construction is well underway. Rolling-stock delivery imminent. Construction site SEP 0

Stage II: Tendering June July August September October November December January Feb 0 0 7 0 08 5 9 05 9 6 0 09 6 0 07 8 0 8 5 0 09 6 0 06 0 7 0 LAND ACQUISITION LAND ACQUISITION STAKEHOLDER NOC Stakeholder NOC st July 0 st December 0 Systems & Overall Stage Integration (595km) TENDER PERIOD ( WEEKS) TENDER EVALUATION (Tech+Com+Report) Months Liwa Junction Mussaffah Junction Al Ain junction +Line 07km TENDER PERIOD ( WEEKS) TENDER EVALUATION (Tech+Com+Report) Months Ruwais Ghewaifat (7km) TENDER PERIOD ( WEEKS) TENDER EVALUATION (Tech+Com+Report) Months st September 0 st January 0 Al Ain Junction + Jebel Ali Branch + Khalifa Port Branch (0km) TENDER PERIOD ( WEEKS) ENDER EVALUATION (Tech+Com+Report) Month Mussaffah Line + ICAD Branch (9km) TENDER PERIOD ( WEEKS) ENDER EVALUATION (Tech+Com+Report) Month PMC (STAGE ) TENDER PREPARATION TENDER PERIOD VALUATION RECOMMENDATIO TOTAL ROUTE KM for STAGE (595km)

Partners & Customers Etihad Rail has signed a number of agreements and MoUs with customers benefitting from the railway in Stage To transport more than 5 million containers of animal feed (hay) to Khalifa Port by 00 The possibility of transporting 600,000 containers annually via Etihad Rail s intermodal rail terminal at Jebel Ali Port DHLtocutitsuseoftrucksand ships and adopt rail as a main means of transport Transport of 7 million tonnes of raw materials from the quarries in Oman to Al Ain and on to end users via assembly and distribution centres HOYER to use rail as a main means for transporting hazardous materials in a safe and sustainable manner Etisalat will be able to utilize the railway infrastructure and extend its fiber optic network to areas not covered so far Transport of million tonnes of finished iron goods annually, thus reducing the truck traffic on the Musaffah road network by truck every minutes Du will utilize the railway infrastructure to invest in expanding its network in the Western and Northern regions of the U.A.E.

Communication Website News and Updates Web Portal is now live, containing: The link for all communication with Etihad Rail with respect to contracting and procurement opportunities Details of current and future tendering opportunities Instructions on how to make an unsolicited expression of interest www.etihadrail.ae 5