Investor Presentaiton
GROWTH DRIVEN BY MACROECONOMIC TAILWINDS
Strong macro economic growth indicators:
Latin American GDP to outpace Canadian GDP growth
FORECASTED AGGREGATE GROWTH
16%
•
Chile has been one of Latin America's fastest-growing economies
averaging 3.5% GDP growth over the last 8 years.
14%
12%
•
Global trends in electrification and energy will drive continued
demand to copper and other energy products.
10%
8%
6%
Correlation between GDP and cargo throughput growth:
•
•
In South America, independent studies have shown that container
port throughput grows by a multiple of 1.6x-3x GDP growth.
Neltume Ports has several container ports whose level of activity is
highly correlated with GDP and well positioned to capture the
continued growth in the region.
4%
2%
0%
INVESTOR PRESENTATION FEBRUARY 2019
39
2018F
2019F
2020F
2021F
South & Central America Canada Cargo Throughput
Source: IMF World Economic Outlook, April 2018
Cargo Throughout Forecast: Drewry Economic Intelligence Research; Independent third
party studies
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