mubadala 2015 - aerospace industries association of...

Mubadala 2015

“We must not rely on oil alone as

the main source of our national

income. We have to diversify the

sources of our revenue and

construct economic projects that

will ensure a free, stable and

dignified life for the people of this

country.”

Sheikh Zayed bin Sultan Al Nahyan,

Founder of the UAE

Mubadala Development Company // 2015 2

About Mubadala

About Abu Dhabi

The United Arab Emirates (UAE) is

a federation of seven emirates situated on

the Arabian peninsula

The Emirate of Abu Dhabi has a population of

approximately 2.45 million and holds significant

oil and gas reserves

The city of Abu Dhabi is the capital of the UAE

In 2007, the Government of Abu Dhabi

identified a number of priority areas to drive the

diversification of the economy and reduce the

country’s reliance on hydrocarbons

Created to help catalyze Abu Dhabi's

vision of economic diversification and

social development while generating

strong financial returns

Investing globally in areas with

long-term growth potential that align with

the government’s priorities

Driving the establishment of new industry

sectors and vital infrastructure in Abu

Dhabi – including university campuses

and specialized healthcare facilities


Formation: 2002

Ownership: 100% by the Government

of Abu Dhabi

Chairman of the Board: H.H. Sheikh

Mohamed bin Zayed Al Nahyan, Abu

Dhabi’s Crown Prince

Portfolio value: AED 243.6 billion

(US $66 billion)

Global employee base: 39,000+

delivering financial

and socioeconomic

returns to the emirate,

its partners and

its people.

Investment Approach

Our role as an agent of economic diversification for Abu Dhabi means we adopt a holistic, long-term

approach to value creation that goes beyond financial returns and GDP contribution


A global investor

with long-term focus,

strengthening

Abu Dhabi’s position

across diverse sectors…

Education

Partnership

Governance

Innovation

Agile investment

Active asset management

Career paths

Social

infrastructure

Global

integration

New economic

sectors

Private sector and

downstream opportunities

Financial Performance

Our reputation is based on solid performance and transparency. We have one of the highest credit

ratings in the region and have published IFRS audited and consolidated financials since 2006


Financial Highlights – Full Year 2014

Total Revenues (AED)

32.7 bn US $8.87 bn

15.8

bn

27.5

bn

30.8

bn

31.1

bn

32.7

bn

2010 2011 2012 2013 2014

Total Assets (AED)

243.6 bn US $66.3 bn

102.1

bn

177.1

bn

202.0

bn

223.8

bn

243.6

bn

2010 2011 2012 2013 2014

Total Equity (AED)

175.7 bn US $47.8 bn

62.1

bn

106.4

bn

135.5

bn

157.5

bn

175.7

bn

2010 2011 2012 2013 2014

Moody’s Prime-1

Standard & Poor’s A-1+

Fitch F1+

Credit Ratings: Short-term

Moody’s Aa2

Standard & Poor’s AA

Fitch AA

Credit Ratings: Long-term

Linaburg-Maduell Transparency Index

10/10

Transparency

Global Footprint

Aerospace Information &

Communications

Technology

Defense

Services

Aerospace &

Engineering

Services

Energy

Technology

& Industry

Emerging

Sectors

Semiconductors Metals &

Mining

Utilities

Oil & Gas Renewables Healthcare Real Estate &

Infrastructure

Capital

Headquartered in

Abu Dhabi

Active in

11 sectors

Operations in

20+ countries


Aerospace

We are creating a cutting-edge,

internationally integrated aerospace hub

in Abu Dhabi, and developing a highly

skilled local workforce

Our focus is on partnering with leading

original equipment manufacturers (OEMs)

to build world-class manufacturing and

services businesses


B787 Strata is now supplying

Boeing composite parts on

the B787 aircraft

$1b Sanad’s asset portfolio

at year-end 2014

5km2 Dedicated as an

aerospace freezone within

the multi-faceted Nibras

industrial development in

Al Ain Nibras Al Ain Aerospace Park | Piaggio Aerospace | Sanad Aero Solutions | SR Technics | Strata Manufacturing | Turbine Services &

Solutions | Turbine Services & Solutions Aerospace

Portfolio Highlights

Aero

space &

Engin

eeri

ng S

erv

ices

200+ Aircraft sold worldwide, to

date, by Piaggio

Aerospace

Information & Communications Technology

We are playing a key role in bringing high-

tech ICT services, capabilities and job

opportunities to the UAE

Our focus is on positioning Abu Dhabi and

the UAE as a regional ICT hub with the

infrastructure and operations to meet

rising demand for data capacity


Subscribers with Etisalat

Nigeria at HY 2015 –

a 15%+ market share

18MW Total IT power at Khazna

data facilities

140+ Countries connected by

Yahsat’s two

communications satellites,

Y1A & Y1B

du | Etisalat Nigeria | Injazat Data Systems | Khazna Data Centers |

Al Yah Satellite Communications Company (Yahsat)


22m+

Aero

space &

Engin

eeri

ng S

erv

ices

40k UAE end users served by

Injazat, our information

technology services

company

Defense Services

In partnership with Tawazun Holding, we

are a shareholder in Emirates Defence

Industries Company (EDIC), an integrated

national defense services and

manufacturing platform launched in 2014

EDIC brings together the combined

capabilities of the UAE’s defense industries

to enhance value for clients, shareholders

and partners


AED3 b

Abu Dhabi Ship Building (ADSB) | Emirates Defence Industries Company (EDIC)


Abu Dhabi Ship Building’s

build and refit project

portfolio

Aero

space &

Engin

eeri

ng S

erv

ices 16

Number of companies in

the EDIC portfolio when

the integration process is

complete

Oil & Gas

Mubadala Petroleum is building on the

UAE’s traditional strengths to develop a

world-class, international exploration and

production business

Mubadala Petroleum explores for,

develops and produces oil and gas that

will contribute to meeting global demand

while working to ensure the security and

diversity of the UAE’s domestic gas

supply


398k Average barrels of oil

equivalent (working

interest production) per

day during 2014

600+ Employees around the

globe

0 Spills of more

than 1 barrel

Dolphin Energy | Emirates LNG | Jasmine, Manora, Nong Yao and Ruby Fields |

Malaysia gas discoveries


Energ

y

3 Mubadala Petroleum has

had a presence in

Thailand since 2004,

bringing its third operated

field, Nong Yao, into

production in 2015

Through Masdar, our commercially driven

renewable energy company, we are

advancing the development,

commercialization and deployment of

renewable energy solutions and clean

technologies

Masdar has nearly 1.5 GW of clean power

contributing to the grid or under

development worldwide


630MW Capacity of London Array

offshore wind farm, the

world’s largest

Shams 1 concentrated

solar power plant in Abu

Dhabi produces enough

power for 20,000 homes

14 Clean energy initiatives

delivered by Masdar

Special Projects

London Array | Masdar City | Masdar Institute of Science and Technology

| Shams 1 | Torresol Energy


Energ

y

Renewable Energy

20k

32k Number of attendees at

Masdar’s global forum,

Abu Dhabi Sustainability

Week, in 2014 – including

eight heads of state

Metals & Mining

We are positioning the UAE in fast-growing

resource markets by developing a globally

diversified set of metals and mining

businesses

Through Emirates Global Aluminium (EGA),

jointly owned by Investment Corporation of

Dubai, we are also supporting continued

growth in domestic downstream

manufacturing and the creation of high-

skilled jobs


2.4 m

50% Mubadala’s share in

MATSA, Trafigura’s

flagship mining operation

in Spain Emirates Global Aluminium (EGA) – incorporating Emirates Aluminium (EMAL), Dubai Aluminium (DUBAL), Guinea Alumina Corporation, and Suyadi | Minesa | Minas de Aguas Teñidas (MATSA)


75+ Combined production

capacity of EGA (tons/year)

EGA bridges the UAE to

over 75 nations worldwide

Technolo

gy &

In

dustr

y

13m In September 2014, GAC

achieved 13 million man-

hours without a Lost Time

Injury

Semiconductors

We are putting Abu Dhabi at the leading edge

of the global semiconductor industry and

establishing a core pillar of the emirate’s

economic diversification through the growth

of GLOBALFOUNDRIES

GLOBALFOUNDRIES is the world’s second-

largest foundry with operations in Singapore,

Germany and the US


AMD | GLOBALFOUNDRIES


Technolo

gy &

In

dustr

y

GLOBALFOUNDRIES

offers the most advanced

14 nanometer technology

250+ Global customers,

including 14 of the top 20

chip companies

10 GLOBALFOUNDRIES

operates 10 fabs around the

world: three in the US, six in

Singapore and one in

Germany

14 nm

25k Number of patents and

applications held by

GLOBALFOUNDRIES,

including 16k gained

through the acquisition of

IBM’s Microelectronics

business

Utilities

We are helping meet requirements for

sustainable, energy efficient and

innovative district cooling, power

generation and water desalination by

establishing and managing a network of

utilities businesses in the UAE and

broader region


69 District cooling plants

owned and/or operated by

Tabreed in the GCC

Tabreed | Shariket Kahraba Hadjret En Nous (SKH) |

SMN Holding (Barka 2 and Al Rusail)


Technolo

gy &

In

dustr

y

2.6GW Gross power capacity

owned by Mubadala

utilities companies

Real Estate and Infrastructure

We are an investor, a developer and an

asset manager focusing on real estate

and infrastructure opportunities in the UAE

and globally


Abu Dhabi Global Market

Square is at the heart of Al

Maryah Island and home

to 50 blue-chip companies

2.3 m ft2 Size of super-regional

shopping center, Al

Maryah Central, upon

completion

100% Percentage of retail space

at The Galleria that is

leased, with the majority

by top global brands Portfolio Highlights

50

Em

erg

ing S

ecto

rs

Abu Dhabi Global Market Square | Al Maryah Island | Four Seasons Abu Dhabi |

Paris-Sorbonne University Abu Dhabi | Rosewood Abu Dhabi | The Galleria | UAE University |

Viceroy Hotel Group | Viceroy Maldives | Zayed Sports City | Zayed University, Abu Dhabi

Places for students

at Mubadala-built

universities

30 k

We are supporting the development of a

world-class, commercially sustainable

private healthcare sector in the UAE

Through partnerships with international

medical institutions, our network of

specialized facilities is enhancing regional

healthcare capacity, addressing the UAE’s

most pressing healthcare needs, and

reducing the need for patients to travel

overseas for complex care


Surgical procedures

performed at Healthpoint

as of year-end 2014

Patients with access to

Abu Dhabi Telemedicine

Centre’s consultation

service

People treated at the

UAE’s two Imperial

College London Diabetes

Centre facilities since 2006 Portfolio Highlights

7 k

Em

erg

ing S

ecto

rs

Abu Dhabi Telemedicine Centre | Capital Health Screening Centre | Cleveland Clinic Abu Dhabi |

Imperial College London Diabetes Centre | Healthpoint | National Reference Laboratory | Tawam Molecular

Imaging Centre

Healthcare

1.2m

300 k Medical and surgical

specializations offered by

Mubadala’s seven

healthcare facilities

60 +

Mubadala Capital actively deploys capital in

sectors, geographies and investment vehicles

with long-term value potential

• Long-term focus and a bias towards capital

preservation

• Investing throughout the capital structure in

a diversified portfolio of public and private

securities in the UAE and globally


UAE and non-UAE public

financial investments and

positions

Public long/short equity

fund managed in-house

Public Equities

Em

erg

ing S

ecto

rs

Capital Investments

Direct positions in non-

public companies in the

UAE and globally

Private equity fund

managed in-house

Private Equity

Limited Partner/Fund and

General Partner ownership

positions

Funds & Investment

Partnerships

Sovereign Wealth Fund

and government-to-

government investment

partnerships

Sovereign Investment

Partnerships


Abu Dhabi Finance | CDC International Capital (co-investment

partnership) | EMI Music Publishing | First Gulf Bank | GE |

Mubadala Infrastructure Partners | Porto Sudeste | Related |

Russian Direct Investment Fund (co-investment partnership |

The Carlyle Group | The Raine Group

19 Mubadala Development Company PJSC 2014

Nibras

Al Ain Aerospace Park

20 © Mubadala Development Company PJSC 2015

“We must not rely on oil alone as the main source of

our national income. We have to diversify the

sources of our revenue and construct economic

projects that will ensure a free, stable, and dignified

life for the people of this country.”

Sheikh Zayed bin Sultan Al Nahyan, 1918 – 2004

Founder of the UAE


Al Ain

Overview

Joint

Initiative

5 km²

Aerospace

Initiated

2012

Nibras - Al Ain Aerospace Park - is a joint initiative between

Mubadala and Abu Dhabi Airports, that was initiated in 2012.

Driving the development of a

dedicated Aerospace hub in

Abu Dhabi and a global

benchmark for the industry.

A 5 square kilometers have

been dedicated for Aerospace

activities, including

Manufacturing, Pilot Training

and Maintenance, Repair and

Overhaul.

Strategically located in the city of Al Ain, focusing investments

and efforts in one geographical location.


− Its 2030 plan envisions a technological industry zone and a highly skilled workforce.

− Strategic proximity to 3 major Seaports : Taweela + Jebel Ali + Sohar

− Strategic proximity to 4 major Airports : Al Ain + Abu Dhabi + Dubai + Al Maktoum

− It’s International Airport has one of the longest runways in the UAE.

Why Al Ain ?

Location

Nibras is located in Al Ain city

around 150 km from both Abu Dhabi and Dubai


Development Envisioned Development


Balanced Development

Scope

Budget Timeline

Sustainable

Development

Economic Development

Social Development

Environment Protection


Facts and Figures

Total Roads

9 km

406

Peak number of

Workers during

Phase1 construction

138

Peak number of

Equipment during

Phase1 construction

1 sqkm Total Area Levelled

8 million mᶟ Total Earthworks

more than

20

Industrial Plots


Nibras 2014


Development Nibras 2015


Employee Welfare

Workers Accommodation (Dorms)

Dining Facility

Recreation Facility

HSSE Records

Project Man-Hours

209,602

Project Man-Hours without

LTI

209,602

LTI’s

0

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