1 / 15

Welcome to Egypt Security Sector: Business Opportunities November 2010

Welcome to Egypt Security Sector: Business Opportunities November 2010. What Do You Know About Egypt?. Egypt 2010. Key Economic Indicators 2009/2010. Population: 78 million (January 2010) GDP Growth: 5.3% Foreign Direct Investment $6.8 billion Inflation 10.9%

nolen
Download Presentation

Welcome to Egypt Security Sector: Business Opportunities November 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Welcome to Egypt Security Sector: Business Opportunities November 2010

  2. What Do You Know About Egypt? www.ukti.gov.uk

  3. Egypt 2010 www.ukti.gov.uk

  4. Key Economic Indicators 2009/2010 Population: 78 million (January 2010) GDP Growth: 5.3% Foreign Direct Investment $6.8 billion Inflation 10.9% Exchange rate £1 = LE9.35 Total Area: 1,001,450 sq. km (Populated: 53,008 sq. km) Unemployment Rate = 8.96% Exports $23.9 million Imports $49 million www.ukti.gov.uk

  5. Why Do Business In Egypt? “You should be grateful that you are working in Egypt and not in the UK right now!”Angus Blair, Head of Research, Beltone Financial • Geographic proximity to global markets accessing more than 1.5 billion customers through various multilateral and bilateral trade agreements • Egypt is the fourth largest economy in the Arab world • Financial stability & strong banking sector • Diversified sources of income: Suez Canal, tourism, gas & oil and private transfers • Low-cost labour force: 20% of UK costs • The largest labour in the region (22.8 million people) • Enabling infrastructure • Corporate/personal taxes: 20% www.ukti.gov.uk

  6. Who Are Your Main End Users? Government • Ministry of Interior • Ministry of Defence • Intelligence Department Industry • Oil & Gas companies, Chemical plants, Manufacturing plants, Ports and Real Estate Contractors Commercial Entities • Hotels, museums, banks, malls, hospitals, cinemas, schools and universities www.ukti.gov.uk

  7. Market Overview – Defence/Security Sector • Egypt is the second-largest recipient of US military aid totalling approximately US$1.29bn annually • Egypt's military manufacturing base benefits from co-production deals with US multinational firms. It produces a variety of trainer aircraft, alongside armoured fighting vehicles (AFVs), artillery pieces, surface-to-air missiles (SAMs) and M1A1 Abrams tanks • The multinational presence in Egypt largely takes the form of US JVs and FMS contracts • Raytheon, Lockheed Martin, Honeywell, and BAE Systems retain sales representation within Egypt • Egypt was the fourth-largest recipient of arms deliveries among developing countries in 2005, with imports worth approximately US$1.5bn www.ukti.gov.uk

  8. Ministry of Defence Expenditure Egypt's Defence Expenditure 2007- 2014 www.ukti.gov.uk

  9. Insurance & Legal Obligations:Fire – Safety – Security • Law No 101 of 1996 obliges all buildings to have fire alarm systems in place as well as automatic fire extinguishers, and alarm panels for larger projects • Most commercial buildings are not generally obliged to install security equipment. However, Governmental, industrial, and tourist sites are legally obliged to install security systems • Fire insurance is not so popular among residential property owners • There is a 60% premium offered by insurance companies if buildings are protected by fire protection systems • March 2008, the Minister of Trade and Industry announced a decree to oblige Industrial buildings to apply HSE system according to the international specifications (18001). A year was given as a time limit for applying the new system www.ukti.gov.uk

  10. Egypt ImportsFire – Safety – Security • Main imports are from UK, USA, Canada and Germany • Approved standards in the local market: NFPA UL/FM, UK LPCB, EN54 and German Vds • Key-players: UK: Chubb, C-Tec, Delta Fire, Fire Fighting Technology, Firemaster, GST, Haygood, Hochiki, Jent, Kidde Fire, Photaine, Thorn Security System, Ultra Electronics, Zita, Texecom, PAC, Apollo, Walter Kiddy, Falcon Fier Engineering, GLT, KAC, Kentec Electronics Ltd, Klaxon Signal Ltd, Pyronix Ltd, Rapiscan, Sensor Access, Tyco and Hochiki UK. • USA: Apollo, Walter Kidde, ASCOA, Kiddy, Notifier, Simplex, Tyco and Ansul • Germany: Bosch, Esser - Effeff, Gloria, Siemens, Zettear • Other: Edward (Canada), Cerberus (Switzerland), Megavit (Italy), Giga (Taiwan) and Mircom (Canada) www.ukti.gov.uk

  11. Opportunities for UK Companies NEW PROJECTS: • Four nuclear power plants to be built with a cumulative capacity of 2000 megawatts by 2027 • $500 million rail link from the southern city of Aswan to a north Sudanese border town • New developments, such as large high-end real estate development projects, both commercial and residential • Safety and fire fighting equipment for ships, boats and offshore oil and gas platforms, leisure and diving boats and its equipment mainly in the red sea, floating hotels in upper Egypt • Railway safety projects • A US$2bn programme to upgrade 16 airports and to build 7 new ones on a BOT basis • Cairo Underground Metro 3rd line at a value of $140 million • The Great Egyptian Museum to be opened by 2012 www.ukti.gov.uk

  12. Opportunities for UK Companies (Cont.) PRODUCTS IN DEMAND: www.ukti.gov.uk

  13. Overview on Doing Business in The Security Sector • Government procurement is governed by Law 85/1998, which declares that state contracting must be by public tenders. Offers must be submitted through Egyptian agents. Except for minor requirements or exceptional technical projects which are purchased through negotiated contracts. • Selling to the military is conducted through: • Ministry of Defence (Navy, Army, Air Force and Air Defence Command) • Ministry of Military Production (MOMP) • Arab Organisation for Industrialisation (AOI Factories) • Ministry of Interior www.ukti.gov.uk

  14. How Can We Help You? We tailor the following services according to your needs: • Market Entry Strategy/Approach • Tailored Market Research/ OMIS • Market intelligence and contacts • Securing meetings with Ministers and officials • Identifying customers and partners/distributors/agents • Programme arranging • Marketing and Publicity • Networking and relationship building • Product launches and seminars You can commission these services under Overseas Market Introduction Service (OMIS). OMIS is the chargeable service operated by UK Trade & Investment (UKTI) to assist British-based companies wishing to enter or expand their business in overseas markets. www.ukti.gov.uk

  15. SEE YOU IN EGYPT For more information on opportunities specific to your company, contact: Radwa Sultan Adviser, Trade & Investment British Embassy Cairo – Egypt +2 02 2791 6000 Radwa.sultan@fco.gov.uk www.ukti.gov.uk Thank You www.ukti.gov.uk

More Related