PRESENTATION of NEW-CALEDONIA A.Chung ADECAL Project Executive
INTRODUCTION New Caledonia is a French Overseas Territory. A tropical archipelago less than 2,000 km from Australian and New-Zealand Coast lines KIX 7 073 Km CDG 19 621 Km NTA 6 973 Km HNL 6 275 Km LAX 9 654 Km VLI 570 Km WLS 2 134 Km NEW-CALEDONIA BNE 1 467 Km NAN 1 280 Km PPT 4 630 Km Surface : 18,575 square kilometres SYD 1 979 Km AKL 1 861 km Larger than all the Hawaiian islands together
INTRODUCTION New Caledonia is a French Overseas Territory. A tropical archipelago less than 2,000 km from Australian and New-Zealand Coast lines NEW-CALEDONIA Surface : 18,575 square kilometres Larger than all the Hawaiian islands together
INTRODUCTION
INTRODUCTION POPULATION 245,000 Nearly 51 % are under 30
INTRODUCTION 3 Provinces 33 Municipalities NORD SUD ILES Municipalities: 17 Population : 19% 21 Municipalities: 13 Population : 72% 68 Municipalities: 3 Population : 911%
INTRODUCTION Currency GDP (2006) 647 billion XFP 5.42 billion 9 billion AU$ 10.43 billion NZ$ 813 billion Yen 7.04 billion US$ GDP per Capita 2.713 million XFP 22,700 37,700 AU$ 43,200 NZ$ 3.4 million Yen 29,550 US$
INTRODUCTION GDP per capita US $ Source World Bank 2006 (est.) 40 000 35 000 30 000 25 000 20 000 15 000 10 000 5 000 0 AUSTRALIA FRANCE NEW CALEDONIA NEW ZEALAND FRENCH POLYNESIA FIJI TONGA VANUATU
INTRODUCTION CURRENCY Fixed link to the 119.33 XPF At one For :
INTRODUCTION Nickel (25% of the World estimated resources, ranking 3 rd )
INTRODUCTION Natural Resources EEZ Covering 1.45 million square kilometres
ECONOMIC ACTIVITY Nickel mining & processing Production: Nickel ore 130,000 tons ( Ni Nickel metal: 60,000 tons Ni-content )
ECONOMIC ACTIVITY Development plans related to Nickel COMPANIES PROJECT NAME LOCATION INVESTMENTS PRODUCTION CAPACITY EMPLOYMENT 75 KT Nouméa Doniambo North Province 200 millions Euros Nickel 75,000 tons 240 North Province Tiébaghi South Province 2.3 billion Euros Nickel 50,000 tons Cobalt 5,000 tons 800-1,000 Project Koniambo North Province 2.7 billion Euros Nickel 54,000 tons 800-1,000 FALCONBRIDGE
ECONOMIC ACTIVITY Projects sites New Mining site Mining & Processing FALCONBRIDGE Mining & Processing Nouméa smelter
INVESTMENT OPPORTUNITIES Option 1. Join the majors Option 2. Form joint-ventures with independent mining companies For what operations? - Ore extraction ; - Ore enrichment ; - Ore processing?
ECONOMIC ACTIVITY AGRICULTURE AQUACULTURE Prawn farming 2,200 tons FISHING Tuna 2,000 tons
ECONOMIC ACTIVITY TOURISM 28% 26% Hotel brands RAMADA CORAL PALM Best Western 110,000 passengers Current Capacity 2,500 rooms 16% 9% 100,000 Visitors annually
ECONOMIC ACTIVITY AIRLINE DEVELOPMENT CDG NTA KIX BNE VLI NAN WLS PPT Code share with SYD AKL
ECONOMIC ACTIVITY SECTORS Primary Productions Manufacturing & Mining sectors Building & Construction Trade & Retail Other services Banks, Transports, Hotels, Consulting firms & Public services GDP 2% 16% 9% 13% 60%
INVESTMENT INCENTIVES INTRINSIC INCENTIVES European-standard business environment
INVESTMENT INCENTIVES INTRINSIC INCENTIVES 119.33 F CFP Fixed parity to Euro
INVESTMENT INCENTIVES INTRINSIC INCENTIVES PRIMARY INFRASTRUCTURES
INVESTMENT INCENTIVES MANPOWER INTRINSIC INCENTIVES
FINANCIAL INCENTIVES French Overseas Territories Incentive scheme FINANCIAL INCENTIVES 30 70 Shareholders Equity + Bank loans
Thank you for your attention www.adecal.nc
Thank you for your attention And Invest in NEW CALEDONIA www.adecal.nc