GujaratInternationalFinanceTecCity(GIFT)

Presentation at R i Regional l Best B Practices P i Seminar S i Manila, Philippines 1 29 30 April, 2009

GujaratInternationalFinanceTecCity
Transport

G j t Strengths Gujarats St th TraditionalBusinessCommunity HighGrowthEconomy >10%overlastfiveyears PoolofTrainedManpower CAs CommerceGraduates ActiveCapitalMarketsGujaratcontributes30%ofstockmarket capitalization ProactiveGovernment
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Need for Finance City in India

FollowingsectorshavebeenacknowledgedashighgrowthforIndia: FinancialServices IT/ITeS BPO/KPO Asp perMcKinsey yStudy yby y2020, ,: Thesectorcouldprovideapotential10millionto11millionjobs About800mnsqftofofficespace GDPcontributioncouldoutperform p atarateof15to20p percent Opportunitiesareconstrained: I Infrastructure f t t b bottlenecks ttl k OvercrowdedCities gup pSelfsustaining gCities Solution:Setting
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Need for Finance City in India

If India builds an International financial center, with suitable rules and regulations the earnings out of financial sector exports will surpass that of IT
Percy Mistry, (Fmr) World Bank

Offshoring industry needs at least five g and new Gurgaon five to seven new Pune plus NasscomMcKinsey Nasscom McKinsey report
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FinancialServicesOpportunities
Gujarat has Potential to Access a Large Financial Services Opportunity

Sr. No. 1 2 3 4 5 6

Financial Services Financial Services Operations Financial Services Corporate Centre Select Product Markets

Core Financial Services

Estimated No fJ Jobs b of (Thousands) Year 2020 125-150 100-125 10-15 2-4 200 225 200-225 75-100 500-600

Capital Markets & Trading IT for Financial Services ITeS for Financial Services Total
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Anadditional5,00,000indirectjobsisexpectedtobecreatedby2020
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GujaratInternationalFinanceTecCity

j InternationalFinanceTecCity yCompany p yLimited Gujarat (GIFTCL)incorporatedinJune2007 50:50JointVenturebetween GujaratUrbanDevelopmentCo.Ltd.(GUDC)and Ltd (IL&FS) InfrastructureLeasingandFinancialServicesLtd. ShareCapital:Rs.5CrandPDFofRs.40Cr Management 4DirectorsnominatedbyGovernmentofGujarat 4DirectorsnominatedbyIL&FS 4IndependentDirectors
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Transport

Location of GIFT

k from f Ahmedabad h d b d 12km 8kmfromGandhinagar GIFTArea:550acres

MasterPlanning

30BuildingBlocks 125Buildings 3LandmarkBuildingsabove350mt 27Buildingsabove150mt 46Buildingsabove100mt 3Schools p 200BedHospital 4Hotels(~2500rooms)

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LandmarkBuildings

4 4 6 5 1 2
DiamondTower Riverfront

3 ConventionCentre 4 5
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GatewayTowers TransitNode CrystalTower

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DiamondTower

Plot Area (Sq. Mt) Total Area (Sq. ft) - Above Ground (Sq. ft) - Below Ground (Sq. ft) Max Height in Meters Max No. of Floors Building Use

28,628 4,286,056 2,721,372 1,564,684 405 86

Offi with Office ith support facilities

Package D / Diamond Tower

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GatewayTowers

Plot Area (Sq. Mt) Total Area A (S (Sq. f ft) )

39,864 7 184 602 7,184,602

- Above Ground (Sq. ft)

5,356,978

- Below Ground (Sq. ft) Max Height in Meters Max No. of Floors Building Use

1,827,624 350 75
Office with support facilities

Package C / Gateway Towers

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TransitNode

Plot Area (Sq. Mt) Total Area (Sq. ft) - Above Ground (Sq. ft) - Below Ground (Sq. ft) Max Height in Meters Max No. of Floors

28,628 4,286,056 2,721,372 1,564,684 231 55 Hotel, Office Hotel & Commercial

Building Use

Package G / Transit Node

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CrystalTowers

Plot Area (Sq. Mt) Total Area (Sq. ft) (Sq. q ft) ) - Above Ground ( - Below Ground (Sq. ft) Max Height in Meters Max No. of Floors Building Use

45,390 8,484,407 6,502,149 , , 1,982,258 276 65

Office with support facilities

Package H / Crystal Towers

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ConventionCentre

Package W/Convention Centre/ Museum

Plot Area (Sq. Mt) 214,550 Total Area (Sq. ft) Above Ground (Sq. ft) Below Ground (Sq. ft) 2,997,165
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Max Height in Meters 65

Max No. of Floors

Building Use

6,545,388

3,548,233

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Convention Center*

*Musuem,Auditorium,CulturalCenter,Exhibitionspaces 14 withSupportFacilities

RiverFront

Package V1 / Dream River

Plot Area (Sq. Mt) Total Area (Sq. ft) 2,493,662 Above Ground (Sq. ft) 216,333 Below Ground (Sq. ft) 2,277,329
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Max Height in Meters

Max No. of Floors

Building Use

31, 540

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Recreational Place with support facilities

The GIFT Real Estate Component comprises Office, Service and Residential facilities

GIFT Land use (in %) 19% 11%

BUA Component Residential Commercial Hotel Retail Public Building Recreation Area (Million Sq.Ft.)* 20.94 54.0 5 2.05 4.78 7.49 1.02 In % 23% 60% 2% 5%

37%
Residential+ Commercial Green space + Water bodies PSP Transpotation

33% Built-up Area 2% 9% 1% 23% Residential Commercial Retail Hotel Public Buildings Recreational

9% 1%

5%

Total

91.2 91 2

100 %

For~91Mn.Sq.Ft.,balanceareaisbasement

60%

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Compared to the best CBDs of the world

Paris La Defense

Tokyo

London

Pudong

GIFT

Paris La Defense Land use Scale (sqkm) Construction C t ti Scale(sqm) Floor-area Ratio G Greenbelt b lt ( (sqm) ) Height (m) 1.6 2 5 mn 2.5 1.56 40 000 40,000 200

Tokyo 1.6 1 6 mn 1.6 1.00 120 000 120,000 250

London 1.05 11 1.1mn 1.05 50 000 50,000 250

Pudong 1.7 4 5 mn 4.5 2.65 363 500 363,500 490

GIFT 2.04 8 48 mn 8.48 4.13 517 821 517,821 405

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GIFT Infrastructure Development Overview

CoreInfrastructure SiteDevelopment Landscaping MaintenanceSystems Transportation&Utilities l RoadsandTransportation WaterSystems WasteManagementSystems PowerGenerationandDistribution DistrictCoolingSystem ICT DomesticGasDistribution

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Transportation.(1/8)
TRANSPORTCONNECTIVITY

Direct Access from all directions Extension of BRTS to GIFT MRTS Plan
ExternalplannedRoadNetworkforGIFTconnectivity

EXTERNAL ROAD CONNECTIVITY

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External Connectivity at 6 points i t Grade Separators to support the network Proposed RoW: 60-80m

Transportation.(2/8)

ExtensionofBRTSupto GIFTCity

BRTSExtension 37km PHASE1

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Transportation(3/8)

Additionallinkof25km betweenGIFT GIFT,Airport Airport, AhmedabadandGandhinagar TransportDemandGenerated byGIFTbetweenAhmedabad &Gandhinagar

2.5lakhstripsperdayoneway byYear2012 5lakhstripsperdayonewayby Year2018
THALTEJ KALUPUR

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Transportation.(4/8)
Transport

TRANSPORTVISION Segregatingvehicular&pedestrian movementtomaximum ModalSplitof10:90betweenprivate andpublictransport Walktoworkconcept AimingZeroFatalAccidentCity TransitOrientedDevelopment

TRANSPORTELEMENTS SurfaceRoads(2/4lane 14km) (15.5 5 RecessedRoads underground(15 km) IntelligentTransportSystem 210CCTVCameras 96HRCameras

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RecessedRoad 22

Transportation.(5/8)

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PARKING HUBS
GIFTBuildingBasements: TotalCarparkscapacity85,000cars
4ExternalParkingHubs: Totalcapacityof30 000cars 30,000

LOGISTIC HUB
Serve to receive store distribute supplies to the city Area = 12 acre Capacity : 800 ton Located at junction of NH8 & main arterial road to GIFT 3 Lane entry/exit road with lay bye from NH8
NH8
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Logistic Centre

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Transportation.(6/8) LivingBridge:
The Living Bridge would have a length of 600 m, 8 lanes of divided carriageway with vertical segregation of public transport and pedestrian walkway

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Transportation.(7/8) SignatureBridge:
The Signature Bridge would be approximately 550m in length , have four lane divided carriageway with footpath on either side

Tunnel:
Total Length of Tunnel 800m

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Transportation.(8/8)
Transport
PRT PERSONALRAPIDTRANSPORT

InnovativeTechnology
Automatic personal transit service Intelligent vehicle Available on demand 24 x 7 Dedicated guideway network Non stop travel direct to destination Stations are offline

Video
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WaterSource,PromenadeandWaterFrontDevelopment
TotalWaterRequirement:20MGD WaterSources: NarmadaMaincanal RecyclingandReuseofWastewater RainwaterHarvesting GIFTMasterReservoir ConceptofZeroDischargeCity PerennialWaterFrontensuredthrough construction co st uct o o oft three eeba barrages ageso onriver e Saba Sabarmati at ProposedLandscapedpromenadeattheriver bankalongGIFT
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Sewagetreatment 3STAGES
StageI:Primarytreatment
ScreeningandDegritting

C Concept t of fZ Zero Di Discharge h Cit City

Stage2:Secondary treatment
Includesbiologicalprocess toremoveorganicmatter andBOD

Stage3:Tertiary treatment
Polishthetreatedsewage aftersecondarytreatment tobring gthewaterquality q y uptothelevelofreuse

Sewage S Plant

T Treatment

Modular M d l Design D i Recycled Water Use

38 MLD (8.44 MGD) capacity

Treated Water would be used for Flushing, Landscaping and as Make-up Water for AC Cooling Towers
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SolidWasteManagement
ProjectedWasteQuantityofGIFT:488TPD Minimizeimpactonenvironment,humanintervention,space requirement,impactonhealthhazard

Automatic Collection and Transportation System 1 1 1

2 2

3 3

1. Thewasteisthrownintoadisposalchute 2. Computercontrolledaccess 3 3. Wastesuckedthroughpipesataspeedof90km/hr

Plasma Technology would be used for Waste Treatment

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Video

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Power
PlannedCaptivePowerPlantCapacity 1000MW UndergroundcablingforpowerdistributionwithintheareaofGIFT SubstationandDistributionAutomation Indoorsubstation

Reliability 99.999% whichmeans outageof5.3 5 3minutes/annum

1 1. 2. 3. 4. 5.

MRSS(MainReceivingSubstation) UG(Undergroundcablingsystem) ASS(AreaSubstation) PSS(PackageSubstation) CCR(CentralControlRoom)

2nos nos. 584km. 14nos. 850nos. 1nos.

PowerDistributionNetworkinGIFT

CentralControl Centre
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DistrictCooling CentralizedAirConditioningSystem
ConventionalACSystemnotRequired Efficiencythrougheconomiesofscale Reducesenergycostsby30% Reducesmaintenancecosts Improvesairqualityandtemperaturecontrol Reducesnoiseandvibration TotalCapacity:3.25LakhTon

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ServiceTrenches
I t Integrated t dU Underground d dService S i Trenches T h

7.5Kminlength,6.5mtheightand widthvaryingfrom24to36mts Supplyofservicesinasubsurface regulargrid Buildings B ildi totapi inthe h grid idwherever h required Allserviceshousedinvarious di i i of divisions fsub bsurface f ditch dit h Noservicelinesaboveground Alternatesources&technologytobe usedforresourcemanagement water&powerinparticular

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ServiceTrenches
IntegratedUndergroundServiceTrenches

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InformationandCommunicationTechnology(ICT)

GIFTO Occupants t would ldhave h accessto t f following ll i ICTS Services i

Infrastructure
HighSpeedFibre * Network DiverseLocaland International Connectivity PervasiveWirelessand MobileNetwork DataCentres

Platforms
FinancialExtranets CUGtoExchanges Voice IndustrySpecific Platforms CityePortal SensorNetworks IPTVInternetGateway Data Voice WiFi

Services

Tier4DataCentres BusinessContinuity Security HighSpeedInternet Access Monitoring

*About8000kmfibre (equivalenttoAhmedabad ChicagoDistance!)

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Information&CommunicationTechnology(ICT)
GIFTwillexceedtheICTcapabilitiesofcomparatorcities

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Overtaking "Place"

TriplePlay

Smart Buildings

Faster Setup

Competitive Service Provision

AllFibre

Mobile/ Wireless

Trading Platform

SubSea Connectivity

Data Centre

1 2 3 4 5 6 7 8 9 10 11 12

GIFT DIFC DIC SONGDO NewWTC NewYork CanaryWharf London Pudong Shanghai LaDefenseParis Singapore LondonStockExchange g
NewYorkStockExchange

Tokyo
Poor Reasonable Excellent NotApplicable

Source:StudybyBritishTelecom

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ConstructionWorkForceDevelopment
20,000 workers can be employed during construction at peak Specialized workforce required for Construction of tunnel & Under ground roads Construction of building having height of 300 400 Mt Specialized experts for Survey, Quantity & Lab testing Installation of huge Glass work/facades Meetings held with various stakeholders for skill set development of construction workforce State Government to strengthen ITIs A separate institution to be set up for specialized construction work force

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TalentDevelopmentRoadMap
TalentDevelopmentandPreferenceStudywasundertakenbyHewittAssociates. FollowingTalentDevelopmentRoadMapisrecommendedtomatchthegrowing TalentDemandintheStateofGujarat.

NodalAgency
ToactasintegratorforallTalentDevelopmentInitiatives ToLiaisewithEducationDepartmentandUniversities ToCreateofLongTermTalentDevelopmentPlan

FinishingSchools
IndustrySpecificShortTermCoursesforFreshGraduatesasInterimSolution

TrainingSchools
SkillAugmentationCoursesforSpecificDomainsforEntry&MiddlelevelManagementTalent

Ed ti Cit Education CityD Development l t

DevelopmentofEducationCitythatwouldofferCoursestoensureSustainableSupplyofTalent

SchoolEducationInfrastructureDevelopment
DevelopmentofSchoolEducationInfrastructureintheStatetoensureLongTermTalentAvailability
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ProjectCostandStructuring

TotalEstimatedProjectCost:Rs.70,270Cr
CoreInfrastructure
Rs.10,475Cr

UserPayUtilities
Rs.25,021Cr

RealEstate
Rs.34,774Cr

SiteDevelopment Landscape Roads StormWaterDrainage RiverTraining

PowerGeneration PowerDistribution Waste W t Mgmt M tS System t DistrictCooling GasSystem ICT ki S t P Parking System PPPbasis with i h26%equity i byGIFTCL

Office Commercial Residential R id i l Hotels

Tobedeveloped byGIFTCL

Tobedevelopedby occupiers/ developers

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MeansofFinance

Sourceof fFund GIFTUnitFund StrategicInvestors Debt Developers Total

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Rs.Crores 12,426 5,555 17,514 34 774 34,774 70,270

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Implementation
Phased: 1st phase 20m sq feet Core infrastructure 3000 crores Agreement with IL&FS to build 7.3 m sq D i d Design development l tf for core infrastructure completed Proposed bond issue by June end

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