安永公司本周一表示,对有意投资南美洲及非洲等地区矿业资产的中国企业而言,在基础建设方面提供资金将带来竞争优势。
安永全球采矿与金属业主管合伙人Mike Elliott表示,2009年全球在采矿和金属行业的并购项目当中,中国占的比例最高。而2010年各方面对资产的竞争将更为激烈。
去年,并购投资的地点以发达国家的比例较高。例如,澳大利亚、加拿大及美国的资产占去年全球交易总额的44%。
Mike Elliott告诉中国网记者:“今年,全球各地的投资者重点已转到被视为政治风险较高的地区。”
他说:“最低风险地区的矿业资产价格已被抬高,这就意味着在一些风险较高的地区,新采矿省份的资产价格相对其风险而言更具有投资价值,对于寻找较低成本资产的中国企业来说将是一大机遇。”
据安永数据显示,在过去十年间,中国主导的矿业财务交易数量已经高达370项,总交易额超过500亿美元。(1美元约合6.83元人民币)
去年,全球矿业和金属业并购交易总额增长到600亿美元以上,其中中国企业的并购交易额占全球总额的27%。
Elliott说:“中国已经成为新兴资本提供者中的一股新动力,中国企业拥有对采矿和金属资产开展并购的资金实力和需求。”
安永南美洲采矿和金属业合伙人Marcial Garcia表示:“我们在今年首季已看到出现这种投资趋势。”
他指出,与去年同期比较,第一季南美洲的外资投资总额上升了42%,交易量增加了189%。
他告诉中国网记者,资产的竞争会十分激烈。要取得成功,投资者需要提供资金以外的其他条件。Garcia表示:“很多中国投资者已表示有意在基建进行投资,这是他们其中一项主要特点,可带来竞争优势,尤其在南美洲及非洲很多地方。”
今年采矿和金属业的并购交易金额及交易量将有所增加,与去年同期相比,今年第一季度全球交易数量已增加300%,交易总额上升25%。
Elliott said. Elliott告诉记者:“中国和印度不断寻找更多和更稳定的供应,全球各地更多采矿和金属业企业希望业务有适度的增长。对资产的竞争将持续激烈。”
他表示,对潜在收购者而言,具备科技技术、先进的管理流程和系统、有意投资于基础设施,以及能提供营销方面的额外条件都有助带来竞争优势。
Elliott强调:“能提出更好合作条件的中国企业能脱颖而出,成功机会往往较大。”
Willingness to fund infrastructure development will provide a competitive advantage for Chinese companies seeking to invest in mining assets in regions like Africa and Latin America, Ernst & Young said Monday.
Mike Elliott, the leader of Ernst & Young's global mining and metals sector, said Chinese companies dominated the mining and metals transactions market in 2009, and he predicted the competition for assets in 2010 will be much higher.
Last year, many of the investments were in developed countries. For instance, the assets based in Australia, Canada and the United States accounted for 44 percent of all global transactions.
"This year, global investor focus begins to turn to regions with more perceived political risk," Elliott told China.org.cn.
"Mining asset prices in the lowest risk regions have been bid up, which means assets in some of the higher risk, new mineral provinces are good value buying for the risk they represent. And this provides a great opportunity for Chinese companies looking for lower cost assets," he said.
Statistics from Ernst & Young indicate that from 2000 to 2009 the number of Chinese dominated transactions reached 370 and were worth US$50 billion.
Last year, the global trading volume increased to more than US$60 billion while China accounted for 27 percent of the gross.
"China spearheaded the emergence of new capital providers," Elliott said. "Chinese enterprises have the cash and the need to launch an aggressive bid for mining and metal assets."
Marcial Garcia, representative of Ernst & Young's South American mining and metal sector, said the trend of assets in higher risk regions appearing to have value came in the first quarter of 2010.
He indicated that Q1 inbound investment in Latin America rose 42 percent and deal volume increased 189 percent, compared to the same time last year.
"Competition for assets will be strong and investors need to bring more than a checkbook to the table," Garcia told China.org.cn. "An appetite for infrastructure is one of the key things Chinese investors have demonstrated and this will be a competitive advantage, particularly in many parts of Latin America and Africa."
Deal values and volumes in the mining and metals sector will be up this year, reflected in a 300 percent rise in global deal volume and a 25 percent increase in deal values for Q1 compared to 2009.
"While China and India continue to look for a larger and more stable supply, more mining and metals companies around the world want measured growth. Competition for assets will continue to increase," Elliott said.
He suggested that access to technology, advanced management processes and systems, appetites for infrastructure investment and the ability to deliver marketing premiums could provide a competitive advantage to potential acquirers.
"Chinese companies that can differentiate themselves by providing partnering proposition will succeed more often," Elliott said.