Presentation on theme: "BH-TEC Belo Horizonte Technology Park Ronaldo Tadêu Pena CEO."— Presentation transcript:
BH-TEC Belo Horizonte Technology Park Ronaldo Tadêu Pena CEO
BH-TEC: BH-TEC is the result of a partnership among: State Government of Minas Gerais; City of Belo Horizonte; Federal University of Minas Gerais (UFMG); Federation of Industries of MG (FIEMG); MG Brazilian Service of Support for Micro and Small Enterprises (SEBRAE-MG). BH-TEC is a non-profit, private institution aimed at research and high tech activities, designed to house: Companies dedicated to the research and development of new technologies in their products and processes; Public and private Research & Development Centers; Areas for Shopping and Services.
BH-TEC: It is being implanted in a 556.000 sq meter (137 acres) area: 185.000 sq meter (45 acres) for construction; 371.000 sq meter (92 acres) is a permanent urban green zone; The area is a property of the Federal University of Minas Gerais (UFMG). The Park is allowed to use the area for 30 years (07/01/2041). Afterwards, the University returns as the landholder, receiving rental payment that will go into its budget.
Governance model General Assembly Board (13 members) – Art. 21: 4 members from UFMG 2 members from the State 2 members of the City Council 1 member from FIEMG 1 member from SEBRAE 3 members representing the Sponsors Executive Office Technical-Scientific Council (7 members + Director-President), Art. 29: 3 members from UFMG 1 member from the State 1 member of the City Council 2 members from the industry sector (SEBRAE e FIEMG) Fiscal Council (3 members elected by the General Assembly), Art. 36.
Industry sectors focused Life Sciences (biotechnology, human and animal health, pharmaceuticals); Information and Communication Technologies (ICTs); New materials and process technologies; Renewable Energies; Environmental Technologies; Entertainment and culture.
UFMG in numbers The Federal University of Minas Gerais is the main research institution in the metropolitan area; 3,000 faculty members (80% Ph.D); 75 undergraduate programs; 58 doctorate programs and 68 master programs; 30.000 undergraduate students (5,000 in engineering); 7.000 graduate students: 4,000 M.A./M.Sc. Students (1,300 master thesis/year) 3,000 Ph.D. students (700 Ph.D. dissertations/year) Leader institution in number of biotech patents in Brazil (Updated: 17/06/11 UFMG site)
Tenant companies of the first Institutional building:
Tenant companies of the first Institutional Zone building: BH-TEC Industrial Automation Industrial Automation I-Vision S/A Neocontrol Ltda. Aeronautical Embraer ICT Takenet S/A Sambatech S/A Zunnit Technologies Ltda. Enacom Ltda. Siteware Ltda. Eletronic ATI Ltda. Omnimed Ltda. Biotech Labtest S/A Ecovec S/A Labfar PI Business Development IEBT Ltda. Environmental Area WayCarbon Ltda.
Tenant companies of the first Institutional Zone building:
2 nd Institutional Building of BH-TEC - preliminary design
Edifícios Institucionais do BH-TEC - Fases de desenvolvimento
BH-TEC Development Institutional Zone (area: 26,200 m 2 ) First institutional building (in a 4,600 m 2 area): 15 companies April/2012 – official launch FIOCRUZ in Minas Gerais (in a 12,000 m 2 area) Rene Rachou Research Center (FIOCRUZ Branch in Minas Gerais) Center for the Development of Health Technologies of Minas Gerais (CDTS-MG) will house biotechnology platforms, vivariums, biopharmaceutical enterprises and academic spin-offs; US$ 42 million (total investments). Second institutional building in the remaining 9,600 m 2 area
Second Institutional Building Preliminary architectural design (arq. Robert McCauley, UJMN office Philadelphia, USA); March/2012: Approval of the preliminary project; March- April/2012: additional studies to estimate the budget for construction. Next phase of construction will depend on the results of a study for the land concession, coordinated by the Development Bank of Minas Gerais (BDMG).
Overview of BH-TEC implementation Nov/ 2011 Kick off for the bid modeling of the Concession Zone Feb/2011 Release of 15 selected companies (out of 25) 22 2005 BH-TEC Set up Jun/2012 Release of the public bid document 2008 Started construction of the first institutional building 2006 Beginning of infrastructure works by the Municipality Apr/ 2012 Startup of the first building in the Institutional Zone 2014 Startup of 1 st building in the Concession Zone The conclusion of the first stage of BH-TEC is marked by the startup of the first building in the Institutional Zone Public Bid for construction, operation and maintenance of the BH- TEC First building construction with investments of US$ 19 Million by the State Government Signing of the agreement among UFMG, Minas Gerais State Government and City Government Concession Zone Institutional Zone
Overview of BH-TEC Phase II Concession 23 2011 Concession modeling Kickoff 2041 End of concession Oct/2012 Bid document signature Jun/ 2012 Public bid 2013 Start the construction of the 1 st building in the Concession Zone Phase II modeling for the Concession Zone estimates investments up to US$ 300 MM in a BOT approach Investments (CAPEX) up to US$ 300 million IRR range between 12% to 16%, Concession Term: 30 years Concession Zone Institutional Zone Public Bid for construction, operation and maintenance of the second phase of BH-TEC. Potential 266.000 m 2 of constructed area Main aspects of the concession Stage development implementation subject to occupancy and demand Contract with flexibility to mitigate demand risks Opportunity to built-to-suit buildings for anchor companies Main aspects of the concession Stage development implementation subject to occupancy and demand Contract with flexibility to mitigate demand risks Opportunity to built-to-suit buildings for anchor companies
The Economic Model of BH-TEC Concession - tangible drivers BH-TEC Concession Capital Efficiency Revenue Marketing and Branding BH-TEC fee UFMG fee 1 2 3 Rental Economic Indicators Non-controllable factors Management Costs Cash In Cash Out Cash In Costs Tangible Drivers of Economic Value GDP Growth/ Diversification University (UFMG) Entrepreneurship Environment Offices Rental contracts Stores Rental contracts Facilities services Rental rate Offices Available area Rental rate Stores Available area Commission / fee # services provided (x) Stage Development CAPEX Demand drives the Implementation Facilities Rental Demand Low Working Capital (+) (x)