JOIN WORLD LEADERS AND THE INTERNATIONAL INVESTMENT COMMUNITY IN SHAPING AN UNPRECEDENTED PLAN FOR EGYPT S PROSPERITY.. 1
THE OBJECTIVE OF THE EEDC IS TO RE-LAUNCH EGYPT AS A PREFERRED INVESTMENT DESTINATION Present a clear and ambitious vision for a prosperous future for Egypt and its people. Firmly position Egypt as an attractive destination on the global investment map. Detail on the government s economic vision and midterm reform program. Layout the strategies for invigorating the key economic sectors. Together with its partners (bilaterals, IFI s), develop the infrastructure enabling the envisaged economic growth. Present attractive opportunities to local and international investors. 2 3
EEDC WILL BE IN SHARM EL-SHEIKH ON MARCH 13-15TH (DETAILS ON WEBSITE) DAY ONE MARCH 13 TH, 2015 09:00 Registration 09:45 In Conversation 17:00 Official Opening 18:00 Keynote Address 18:30 TV Debate 19:30 Gala Dinner DAY TWO MARCH 14 TH, 2015 09:00 Turning the Vision into Action 09:45 In Conversation 10:00 TV Debate 10:45 Egypt s Energy Equation 11:30 The Innovation Imperative 12:15 Developing Strategic Sectors of the Future Egypt 12:30 Networking Lunch 14:00 Egypt s Sector-level Workshops 16:30 Coffee Break 17:00 In Conversation 17:30 Egypt s Mega Projects 20:00 Egyptian Evening soiree DAY THREE MARCH 15 TH, 2015 09:00 TV Debate 09:45 Social Inclusion for a Durable 21st Century Economy 10:30 In Conversation 11:00 Capital Markets: The Next Phase 11:45 Leading Transformation 12:30 Networking Lunch 14:00 Egypt s Sector-level Workshops 16:30 Coffee Break 17:00 Special Address 17:20 Community and Cohesion to Sport: One Country, One Culture 18:00 Closing of the proceedings 18:20 Media Conference REVOLVES AROUND A NUMBER OF INTERACTIVE SESSIONS RANGE OF FORMATS Panel Discussions One-on-one Conversations Key-Note Addresses Debates Sector-level Interactive Workshops 1:1 Meetings Bilateral Meetings between leadership figures, ministers, business leaders and investors will run in parallel KEY SESSIONS TV DEBATES Egypt: Gateway and Hub Fostering a return of investment in Egypt Better jobs for Egypt: Fostering Egypt s Entrepreneurship Potential Global / Regional Perspective Plenaries Egypt s Energy Equation The Innovation Imperative Capital Markets: The Next Phase 4 5
WILL SHOWCASE SECTOR PLANS AND OPPORTUNITIES FOR THE PRIVATE SECTOR TWO TYPES OF PROJECTS WILL BE PRESENTED PROJECTS AGRICULTURE HOUSING & UTILITIES TOURISM Lead Project Owner OIL & GAS ICT TRANSPORTATION & LOGISTICS Public-led Private-led POWER MINING MANUFACTURING, INDUSTRY & RETAIL Development & Financing Modes 100% private SECTOR CONTEXT AND CHALLENGES Structural features that make the sector particularly attractive in Egypt Key current pressing challenges for the sector ACTION PLAN TO OVERCOME THE CHALLENGES & INVOLVE THE PRIVATE SECTOR Strategic vision translating into clear reforms and government priorities to overcome the challenges Proposed legislative and sector reforms that will unleash private investment 100% public Private Public Partnership Business model to be defined 6 7
CONFIRMED RESPONSIBILITIES IN CONFERENCE SETUP Dr. Mohamed El-Erian Chief Economic Advisor of Allianz, United Stated Mr. Jeffrey Immelt Chairman and CEO of GE, United States X Mr. Moussa Seck Interim Chairman of Pan African Agribusiness and Agro-industry Consortium, Kenya Ministerial Committee, headed by the Egyptian Prime Minister, is in charge of strategic guidance in Mr. Ahmad AbdulKarim Julfer Chief Executive Officer of Etisalat Group, UAE Sir Martin Sorrell CEO and Founder of WPP Group,United Kingdom Mr. Habib Haddad Founding CEO of Wamda, UAE coordination with the UAE & KSA. Coordination by the Ministry of International Cooperation and the Ministry of Investment, with guidance and support by Presidential Office. The Ministry of Investment is managing process of packaging selected projects with Egyptian Investment Banks. Mr. Claudio Descalzi Chief Executive Officer of ENI Petroleum Co., Italy Mr. Ronald Brouder Founder and Chair of Education for Employment, United States Mr. Sami Iskander COO of BG Group, United Kingdom Lazard is the Global Coordinator and working on Content, Project Selection and the Investor Outreach. WPP is responsible for Branding (JWT), Media (Mindshare), PR (H&K) and Event Organization (Richard Attias & Associates). World Bank is supporting with development of Sector Action Plans. Local Investment Banks developing investment Mr. Amr Awadallah Chief Technology Officer and Founder of Cloudera, United States Mr. Bob Dudley Group Chief Executive of BP, United Kingdom Mr. Fadi Ghandour Founder of Aramex, Jordan COMPLETED ACTION projects. Leading global consulting firms to support with sectoral workshops as knowledge partners. Over 1600 Invitations Over 110 HOS Invitations 22 International Financial Institutions 13 Speakers confirmed Mr. Arif Naqvi Founder and Chief Executive Officer of Abraaj Group, UAE IN PROCESS 2000+ Invitations to be sent Follow-up call campaign 8 9
LANDMARK EVENT The level of representation from business and politics will be unprecedented in the recent history of Egypt, so are the speed of changes that the government is making. NETWORKING OPPORTUNITIES The conference has been deliberately structured to allow delegates to mingle freely and discuss substantive matters in a discreet setting; a significant networking opportunity. There will be special times set aside for one-to-one meetings with The President and his Ministers. BE THE FIRST TO KNOW The conference is a unique opportunity to hear first hand of the economic vision and sectoral plans that the government has prepared to drive investment and growth with strong private sector participation; with the ultimate objective of prosperity for the people of Egypt. FIRST MOVER ADVANTAGE Participants can get in on the ground floor in a country that is making sweeping changes and has massive investment opportunities, stemming from its sheer size and growth, its unique location and resources and under-investment over the past years. SUPPORT EGYPT FOR THE BENEFIT OF ALL Last, but not least, it is important to support Egypt at this critical juncture and as it is working its way to the front. Egypt wants to regain its long standing position as a political, economic and cultural center of stability in the region. 10 11
EGYPT WAS CONFRONTED WITH A TRIPLE DEFICIT GDP DECLINE EXTERNAL DEFICIT EXTERNAL DEFICIT Real Annual GDP Growth Current Account Deficit Budget Deficit RETURN TO POLITICAL STABILITY, FISCAL REFORMS, AND STARTING MAJOR PROJECTS HAVE BOOSTED CONFIDENCE QUARTERLY REAL GDP GROWTH PERFORMANCE (Y-O-Y) EXCLUDING REMITTANCES AND GRANTS EXCLUDING COMMODITY GRANTS 4.7% -12.7 12.4 [ 7% ] 2008 2009 9.4% 2008 2009-2.5pp Unemployment Rate +4.9pp 2013 2014 2.2% 2008 2009 31.3 2008 2009 US$Bn +20Bn Foreign Reserves US$Bn -14.6Bn 2013 2014-32.7 2008 2009 644 [ 62% ] 2008 2009 US$Bn [% of GDP] +8.8pp Domestic Debt EGP Bn [% of GDP] +23pp 2013 2014 44.2 [ 15.8% ] REAL GDP GROWTH (% CHG) 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 1.0 1.5 2.5 3.7 6.8 2013 2014 13.3% 2013 2014 16.7 2013 2014 1700 [ 85% ] Q1 2013/14 Q2 2013/14 Q3 2013/14 Q4 2013/14 Q1 2014/15 Source: Ministry of Finance 12 13
DEVELOPMENT AIMS AT RESTORING FISCAL SUSTAINABILITY AND PROMOTING INVESTMENTS EGYPT S MEDIUM TERM ECONOMIC DEVELOPMENT ELEMENTS GROWTH Sustainable real GDP growth of %6 by FY 19/2018 FISCAL CONSOLIDATION INFLATION INVESTMENTS EMPLOYMENT EXPORTS INCLUSIVE GROWTH Fiscal consolidation to reduce budget deficit to %8.5-8 of GDP and government debt to %85-80 of GDP by 19/2018, in parallel with public financial management reforms Reduction of inflation to %8-6 within the Central Bank of Egypt s comfort zone Higher rates of domestic and foreign investments Faster pace of job creation in order to bring the unemployment rate below double digits Higher value-added exports Development of the country s human capital Implement key legal, regulatory and institutional reforms, expand private sector investment opportunities and develop key infrastructure projects. FISCAL SUSTAINABLE ECONOMIC DEVELOPMENT STRATEGY Restore fiscal sustainability through the implementation of fiscal reforms (tax packages and expenditures rationalization); while creating fiscal space for increased expenditure on health, education & R&D. Seek external support to cover additional financing needs, until fiscal consolidation and economic stimulus bear fruit. INVESTMENT PROMOTIONS EXTERNAL SUPPORT 14 15
ARE BEING ADDRESSED PILLARS FOR INVESTMENT PROMOTION IMPORTANT BUSINESS CLIMATE ISSUES Regulatory and Institutional Reforms MSME facing challenges Energy sector expansion needs, surpass ability to finance them Mining sector currently not seen as attractive by investors Difficulty in starting new investment projects Difficulty in liquidating companies Concerns on land allocation mechanisms and possible disputes REFORMS UNDERWAY Dispute Resolution Investment Opportunities Issued: Microfinance Law Renewable Energy Law Mining Law Target before conference (planned amendments): Investment Law Electricity Law Special Economic Zones Law Capital Market Law Companies act Sector specific policy changes 16 17
TWO BODIES ARE IN PLACE, RESOLUTIONS OVER THE PAST THREE MONTHS ENERGY & MINING TOURISM THE GOVERNMENT IS PROMOTING AN INVESTMENT PROGRAM TARGETING THE SECTORS WITH THE HIGHEST POTENTIAL MIX OF MEGA-PROJECTS AND INITIATIVES WITH HIGH SOCIAL RETURNS MEDIUM TERM GROWTH TARGET 6 % MINISTERIAL COMMITTEE FOR DISPUTES SOLVING Headed by Minister of Justice ICT Technical Secretariat located at GAFI 259 disputes, out of 365, have been solved in the past 3 months HOUSING & UTILITIES COMMITTEE FOR SETTLEMENT OF INVESTMENT CONTRACTS DISPUTES INDUSTRY Headed by the Prime Minister Technical Secretariat located at MOIC 14 disputes, out of 25, have been settled AGRICULTURE TRANSPORTATION & LOGISTICS OBJECTIVES Improve the living conditions of the people Promote quick job creation through the development of labor intensive sectors Address Egypt s widening infrastructure/energy gap and reduce power and water shortages Initiate a move towards, more diversified and higher value - added exports 18 19
WEBSITE WWW.EGYPTTHEFUTURE.COM 20 21
SOCIAL MEDIA MOBILE APPLICATION Pre-event onboarding Booking meetings Real-time notifications during the conference OBJECTIVES Bringing the EEDC vision to life through Twitter and YouTube Building a community around positive news stories on Egypt s economy and future Creating a sustainable platform for communications post-conference Handles used : @Egyptthefuture (ENG) @EgyptFutureAR (ARB) English feed launched. Arabic feed launching next week. 22 23
PR POSITIVE COVERAGE IN INTERNATIONAL MEDIA 24 25
JOIN WORLD LEADERS AND THE INTERNATIONAL INVESTMENT COMMUNITY IN SHAPING AN UNPRECEDENTED PLAN FOR EGYPT S PROSPERITY. KEY INVESTMENT CLIMATE CLEARED FOR GROWTH Join world leaders and the international investment community in shaping an unprecedented plan for Egypt s prosperity. 13-15 MARCH 2015 SHARM EL-SHEIKH 13-15 MARCH 2015 SHARM EL-SHEIKH CAMPAIGN LAYOUTS - ENGLISH CAMPAIGN LAYOUTS - ENGLISH 26 27
KEY SKILLED LABOR FORCE OF OVER 26 MILLION PEOPLE Join world leaders and the international investment community in shaping an unprecedented plan for Egypt s prosperity. KEY DEVELOPMENTS & MEGA PROJECTS Join world leaders and the international investment community in shaping an unprecedented plan for Egypt s prosperity. 13-15 MARCH 2015 SHARM EL-SHEIKH 13-15 MARCH 2015 SHARM EL-SHEIKH CAMPAIGN LAYOUTS - ENGLISH CAMPAIGN LAYOUTS - ENGLISH 28 29
سواعد ومهارات مايزيد عن ٢٦ مليون مصري خريطة جديدة رسمناها ون شر ك فيها قادة العالم وخبراء الا ستثمار والغاية.. ا زدهار مصر مشروعات عملاقة وا ستثمارات ت نم ي في كل المجالات خريطة جديدة رسمناها ون شر ك فيها قادة العالم وخبراء الا ستثمار والغاية.. ا زدهار مصر مناخ ا ستثماري ي م هد الطريق للا نطلاق خريطة جديدة رسمناها ون شر ك فيها قادة العالم وخبراء الا ستثمار والغاية.. ا زدهار مصر خريطة جديدة رسمناها ون شر ك فيها قادة العالم وخبراء الا ستثمار والغاية.. ا زدهار مصر ١٥-١٣ مارس ٢٠١٥ شرم الشيخ ١٥-١٣ مارس ٢٠١٥ شرم الشيخ ١٥-١٣ مارس ٢٠١٥ شرم الشيخ ١٥-١٣ مارس ٢٠١٥ شرم الشيخ EGYPTTHEFUTURE.COM @egyptthefuture @EgyptFutureAR EGYPTTHEFUTURE.COM @egyptthefuture @EgyptFutureAR EGYPTTHEFUTURE.COM @egyptthefuture @EgyptFutureAR EGYPTTHEFUTURE.COM @egyptthefuture @EgyptFutureAR CAMPAIGN LAYOUTS - ARABIC 30 31