Al Habtoor Leighton Group - Presentation to Investors (PDF - 1.2 MB)
Al Habtoor Leighton Group - Presentation to Investors (PDF - 1.2 MB)
Al Habtoor Leighton Group - Presentation to Investors (PDF - 1.2 MB)
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<strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong>
<strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong>• <strong>Leigh<strong>to</strong>n</strong> International merged its operations in the Gulf regionwith <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> Engineering on 1 September 2007• <strong>Leigh<strong>to</strong>n</strong> has a 45% stake in the new entity: the <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong><strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong>• The <strong>Group</strong> employs around 30,000 people, including labour• Work in hand exceeds US$4 billion• Currently operates in Dubai, Abu Dhabi and QatarDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 2
StructureDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 3
Strategy• The <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> expects <strong>to</strong> achievestrong growth for the foreseeable future through:1. Steady, sustained growth in its core geographic markets(Dubai, Abu Dhabi and Qatar)2. Selective expansion in<strong>to</strong> new geographic markets in theMiddle East and North Africa (Kuwait, Morocco, Libyaand Saudi Arabia)3. Further development of Associated Business (piling,M&E, interior fit-out, steel fabrication and services)December 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 4
The Gulf market• The GCC construction sec<strong>to</strong>r is the world’s fastest growingconstruction market• Projects planned or under development exceed US$1.4trillion• More than 2,000 major projects under development in theGulf region• <strong>Al</strong>l Gulf states are increasing spending on services,investment and infrastructure• Further private developments in real estate, commercial,residential and <strong>to</strong>urism projectsDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 5
Reasons for the boom• Oil prices – annual oil revenues exceeded US$325 billionlast year, at an average of ~US$60 per barrel• Foreign ownership – foreigners are now able <strong>to</strong> ownproperty in Dubai and Qatar, with others (Bahrain, AbuDhabi and Oman) <strong>to</strong> follow suit• Financial deregulation – specialist mortgage financingcompanies established, banks becoming more agressive• Interest rates – Most local currencies pegged <strong>to</strong> US$. Lowinterest rates stimulated demand for mortgages andencouraged private sec<strong>to</strong>r growth• Demographic fac<strong>to</strong>rs – population in the UAE is growingat more than 4% (global average 0.5%)December 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 6
Jumeriah Beach Residences
Business Bay, Dubai
Dubai International Airport
Iris Bay Tower, DubaiDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 10
Saadiyat Island Expressway, Abu DhabiDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 11
<strong>Al</strong> Shaqab Equestrian Centre, DohaDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 13
<strong>Al</strong> Samariya Tower, DohaDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 14
Hotels for <strong>Al</strong>dar, Yas Island, Abu DhabiDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 15
Trump Tower, DubaiDecember 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 16
Outlook• Extensive opportunities in the Arabian Gulf region,particularly in Abu Dhabi, Dubai and Qatar• Major opportunities in large-scale building and civilinfrastructure• Broader region – including Kuwait, Morocco, Libya andSaudi Arabia – offers further opportunities for growth• Huge potential for growth of Associated Businesses:(piling, M&E, interior fit-out, steel fabrication and services)December 2007 <strong>Al</strong> <strong>Hab<strong>to</strong>or</strong> <strong>Leigh<strong>to</strong>n</strong> <strong>Group</strong> 17
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