http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.89Change: 0.03
R/$ = 13.28Change: 0.03
Au 1135.20 $/ozChange: 1.45
Pt 1007.50 $/ozChange: -4.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Feb 26, 2007

Proposed R2bn Richards Bay dry dock plagued by delays

Back
Construction|Africa|Industrial|Ports|PROJECT|Projects|Training|Transnet|Africa|Environmental
Construction|Africa|Industrial|Ports|PROJECT|Projects|Training|Transnet|Africa|Environmental
construction|africa-company|industrial|ports|project|projects|training|transnet|africa|environmental
© Reuse this A South Africa-China consortium of companies, led by black-owned Imbani Projects, which is to build a R2-billion ship-repair facility at Richards Bay, hopes to finalise the lease agreement by the end of March, and begin construction in the secondhalf of the year, it said on Monday.

“We got the draft lease agreement and have commented on it and sent it back to the National Ports Authority (NPA),” Imbani Projects COO Ebenezer Moahloli said in a telephone interview. “The next move will be for all the relevant parties coming together, and their lawyers meeting with our lawyers to flesh it out.”

The Imbani Consortium, which was selected as the preferred bidder for the dry dock, was, however, reluctant to conduct a detailed geotechnical study on the project until it had a level of commitment from the NPA to the go ahead with the project.

The consortium was, therefore, seeking to sign a memorandum of understanding with the NPA, indicating that it planned to go ahead with the project.

“This will give us a level of comfort to put money into carrying out the relevant studies,” Moahloli stated. “We are working towards some sort of agreement.”

The group of companies, comprising three from South Africa and three from China, would then conduct the environmental-impact assessment and the feasibility study.

He hoped that this would be finalised by the end of March.

Site preparation and construction would then begin in the second half of this year.

“We're still working with a rounded figure of R2-billion,” he added.

Singapore visit “impresses” funders
Meanwhile, Moahloli said that Imbani representatives had visited dry docks in Singapore with officials from the Department of Trade and Industry, as well as possible funders for the project, the Industrial Development Corporation and the Development Bank of Southern Africa, who were all “very impressed” in the training programmes in a shipyard, as well as the various categories of employment. "They were very impressed with what they saw and all the visitors felt it was a good project for Richards Bay and the country as a whole," statead Moahloli.

Richards Bay mayor Denny Moffat also went on the trip.

“They are all very supportive of the proposed Richards Bay dry dock,” Moahloli enthused.

Imbani had originally hoped to have sealed the deal in June, and to have begun construction at the end of last year, but Moahloli said that extended negotiations between the consortium and the NPA had delayed this.

Both the NPA and its parent company, Transnet, signed off the consortium's proposal as long ago as May 2005.

The NPA was not immediately available for comment on Monday.

Edited by: Matthew Hill
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Koeberg unit 2 will be shut down on Monday August 31 for scheduled refuelling and maintenance and is expected to return back to service by mid-December 2015, Eskom said late Monday afternoon. The scheduled shutdown of Koeberg unit 2 is part of Eskom’s overall...
South Africa is set to play host to Africa’s first international renewable-energy conference, providing a platform to showcase the continent’s numerous renewable-energy projects to high-level international delegates, in Cape Town, from October 4 to 7. The South...
More
 
 
Recent Research Reports
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Training company The Intelligence Transfer Centre will host the fourth yearly Environmental Crimes Conference at the Indaba Hotel, in Fourways, Johannesburg between September 9 and 10. Confirmed key regulatory bodies that will attend the event include the Department...
The government of Egypt has said it is ready to provide technical assistance to Malawi in the development of the Shire–Zambezi waterway, which is designed to link landlocked Malawi to the Indian Ocean by opening the two rivers for navigation. Egyptian ambassador to...
Kenya is finally set to start building a new multipurpose petroleum pipeline, after securing a $350-loan from a consortium of banks, including South Africa's Rand Merchant Bank. The other banks in the consortium are the Cooperative Bank of Kenya, Citibank's Kenya...
MARAIS VAN HEERDEN The owner/operator should be able to view the overall project design and progress made at any time
Three-dimensional (3D) engineering design models can now be viewed on tablets, which enable stakeholders to view the design without having to buy the design software used to create it, says engineering design firm 3DDraughting executive Marais van Heerden. The...
Ford’s newest offering in a long list of newcomers to the local market in the last two years is the B-Max multi-activity vehicle (MAV). The B-Max will play in the so called B-MAV segment, or the small MAV segment, currently dominated by Toyota’s Avanza, which sells...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96