CMS Energy Corporation · NYSE:CMS
CMS Energy — Investor Presentation (2005)
14 slides from CMS Energy's investor presentation, 2005
Slide 1: Gateway Advantage
Gateway §¢ Advantage
Slide 2: U.S. Firms Finding Profits in Morocco
Presentation by Thomas T. Riley, U.S. Ambassador to Morocco U.S. Firms Finding Profits in Morocco
Slide 3: A Favorable Business Climate
A Favorable Business Climate • Inflation below 2 percent for past 5 years USTR Zoellick and Moroccan Minister-Delegate of Foreign Affairs and Cooperation Taib Fassi-Fihri signing the FTA, • Constant GDP growth in the range of 3-4 % June 15, 2004, Washington, D.C. • More progress needed, but a demons
Slide 4: Case Studies: U.S. Success Stories
Case Studies: U.S. Success Stories
Slide 5: MAGHREB
MAGHREB • Four state-of-the-art facilities in Morocco • Local production of baby, beauty, and fabric & home care products • Sales $190M; exports $12 M. Employees 600 • Capital investment of $30 M over five years
Slide 6: Jorf Lasfar Energy Company
• Jorf Lasfar Energy Company ü Largest single U.S. investment on the continent. ü Generates 60% of Morocco’s daily power needs. ü Over 500 employees ü Model of corporate citizenship
Slide 7: Telecom equipment supplier in Morocco since 1998
• In Morocco since 1998 • Local staff of 70 • Supplier for over 20 years of radios to the Gendarmerie Royal, Police, and Army • In partnership with Maroc Telecom, increased cellular penetration rate from 1.5% to 23% over two years. • Investment of over $36 M
Slide 8: El Jadida manufacturing plant and health partnership
• El Jadida manufacturing plant. ü $20 M investment employs 60 people ü Produces 50 products in 100 preparations, including Celebrex, Lipitor, Zoloft, & Viagra ü For both export and local markets ü Locally procured packaging and labels • Partner with the Ministry of Health to eliminate trachoma in M
Slide 9: Soft drink company in Morocco since 1947
• In Morocco since 1947. • Today, 13 different brands and 91% share of the soft drink market. • 8 bottling plants throughout the country • Employs over 70,000 Moroccans, representing 0.7 % of total private sector employment.
Slide 10: Call center in Casablanca
• Call center in Casablanca to serve the francophone European market ü Employs 800 university graduates, with plans for expansion to 1,000. • One of 60 call centers in Morocco employing 6,500 people full time. ü Ministry of Communications estimates growth potential to 8,000 this year.
Slide 11: Aircraft supplier and Royal Air Maroc partnership
• Favorable environment ü “Open Skies” Agreement since 2002 ü RAM code share with Delta Airlines since October 2000. ü Now, FTA. • Supplier of 737s to Royal Air Maroc • Won tender to replace RAM’s 22-plane fleet of middle/short haul & long-haul aircraft (November 2000) • Joint venture with RAM to pr
Slide 12: Export-focused operations in Morocco for 10 years
• In Morocco for 10 years • Market is the EU: all production for export. • Planned $100 M investment to expand operations ü 400 new jobs (to 1400) ü $15 M annually into the local economy. ü Moving Ireland-based operations to Morocco
Slide 13: Summary & Conclusions
Summary & Conclusions • Export platform to multiple markets • Excellent workforce • Good infrastructure, with improvements coming: energy, roads, ports, communications • FTA with US will create wide range of new competitive opportunities
Slide 14: For More Information…
For More Information… • On the Web: ü http://www.usembassy.ma/ ü http://www.moroccousafta.com ü http://www.amcham-morocco.com/ • At the U.S. Embassy: Mr. Michael Koplovsky, Economic Counselor Tel: 212-37 76 22 65 Fax: 212-37 76 39 84 KoplovskyM@state.gov