Murray & Roberts — Investor Presentation (October 2006)
14 slides from Murray & Roberts's investor presentation, October 2006
Slide 1: Murray & Roberts in the Middle East
MURRAY & ROBERTS IN THE MIDDLE EAST NIGEL HARVEY OCTOBER 2006
Slide 2: History
HISTORY ¾ Established in 1992 ¾ Secured first project – Burj Al Arab in 1994 ¾Developed partnership with Al Habtoor ¾Dubai Airport Concourse 1 ¾Engaged markets of Egypt, Qatar and Bahrain ¾Marine Design Experience – Port in Bahrain ¾Recognised as a world class international contractor ¾Tendered on 3
Slide 3: Burj Al Arab
BURJ AL ARAB Murray J &Roberts \ n % LY N HW 'e uy uy Li Globalising Murray & Roberts &
Slide 4: Geographic Locations
GEOGRAPHIC LOCATIONS ¾ Focused ¾ UAE Dubai Al Habtoor Abu Dhabi ¾ Bahrain – Nass ¾ Qatar – not currently
Slide 5: Chosen Geographic Markets
Chosen Geographic Markets United Arab Emirates Bahrain
Slide 6: Nature of Business
NATURE OF BUSINESS ¾ Commercial Buildings ¾ Large and Complex ¾ Major project business - not a general contractor
Slide 7: Nature of Business: Disabling Injury Frequency Trend
NATURE OF BUSINESS 250 DISABLING INJURY FREQUENCY - TREND (MIDDLE EAST TOTAL) 2.00 1.50 1.04 | 1:29 | 4.02] 4.01 | 1.04 | 1.01 Disabling Injury Frequency Rate (DIFR) 0 — — 0.80 | 074 122; -1+—— . 0.71 0.67 }~0.55 0.50 0.00 Oct-05 Nov-05 Dec-05 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06
Slide 8: Business Strategy
BUSINESS STRATEGY ¾ Provide the strategic leadership to the projects ¾ Share risk with local partners ¾ Local partners Provide labour Supervision Plant
Slide 9: Dubai International Airport Sheikh Rashid Concourse
DUBAI INTERNATIONAL AIRPORT Sheikh Rashid Concourse
Slide 10: Current Situation/Plan
CURRENT SITUATION/PLAN ¾ Business has grown 6 fold over last 6 years ¾ Cut the umbilical cord with South Africa ¾Report through our business office in London ¾ Engage the international market to secure top – class staff for major projects ¾ 2 major projects in Dubai ¾ 1 project in both Abu Dhabi and
Slide 11: Dubai International Airport Fit-Out
DUBAI INTERNATIONAL AIRPORT FIT - OUT
Slide 12: Riding the Boom
RIDING THE BOOM ¾ Situation on the Ground Too many opportunities with not enough contractors Clients in disarray Lack of resources Sub contractors are overtrading
Slide 13: Riding the Boom: Solutions
RIDING THE BOOM ¾ Solutions Select your opportunities carefully Stay with mature/stable clients and consultants Engage clients where you can create an alliance Offer different business models: • Partnering • Early involvement • Design and construct • Single point responsibility Develop all
Slide 14: Etihad Interim Terminal
ETIHAD INTERIM TERMINAL Globalising Murray & Roberts &
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