Pizzarotti in Israel and the future perspectives
Why we are in Israel - Basic facts: - Economic performance Despite the world economic crisis the GDP still growing Rating for Credit in Israel "A+” particularly for "long term foreign currency sovereign credit rating” - Growth perpectives - Banking system In Israel there is a solid availability of Venture capital and the financial environment is fvery avourable also for foreign companies The Law and the international agreements have enable a favourable climate for foreign investors - Investments protection High level of innovation as evident from the number of registered trade marks (the highest rate per person in the world) and from the numerous start-ups established in the Country. - High level of innovation THE COUNTRY NEEDS TO DEVELOP NUMEROUS INFRASTRUCTURES OF GREAT COMPLEXITY Impresa Pizzarotti & C. – Area ISRAELE
Risks Indicators Impresa Pizzarotti & C. – Area ISRAELE
Our Competitors in ISRAELE - LOCAL Competitors: - INTERNATIONAL Competitors: Impresa Pizzarotti & C. – Area ISRAELE
Ongoing projects in Israel At present Pizzarotti is working in Israel in JV with Shapir in two important projects: High Speed Railway to Jerusalem - A1 Alignment section C between ”Shaar Hagai” and ”Mevaseeret Zion”. Contract Value: 367 mln euro ”Cross Israel Northern Highway N° 6” – lots 3 and 7 from Yoqneam to Somech. Contract Value: 454 mln euro Impresa Pizzarotti & C. – Area ISRAELE
High Speed Railway to Jerusalem Impresa Pizzarotti & C. – Area ISRAELE
”Cross Israel Northern Highway N° 6” Impresa Pizzarotti & C. – Area ISRAELE
Our strength Know How Availability of Experts for complex projects Solid Partnership with SHAPIR for complex and PPP projects Capacity to supply high quality products to Clients Clients are generally open to alternative design proposals Competitive Tenders with high weight for technical proposals Impresa Pizzarotti & C. – Area ISRAELE
Threaths Excess of bureaucracy Long process for financial closing in PPP projects Local specialised workers not available Long process to obtain working visas for expatriates Scarse availability of specialised designers => Clients not experienced in large and complex infrastructure projects Impresa Pizzarotti & C. – Area ISRAELE
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