Construction work on the new Port of Saldanha offshore supply base general maintenance quay owned by Transnet National Ports Authority has officially begun.
Upon completion, the Port of Saldanha offshore supply base will provide a base for goods to be received, waste from offshore exploration, production activities and facilities for loading and shipping of equipment, stores, goods, bunkers and drilling fluids.
Saldanha Port Manager, Willem Roux, said that despite the economic challenges the existing offshore production projects had to be taken care of.
The Western Cape Province has the second largest economy in South Africa and has experienced continued growth over the past decade.
This year alone the province is predicated to experience a growth of 2.1%, with projections up to 2.8% by 2018. With both growth projections being higher than the national average, the Western Cape is a natural hotspot for investment. The construction industry in the province remains crucial to achieving this steady growth to reach the developmental milestones that the government has in place.
The Cape Construction Conference and Trade Expo taking place on the 12 – 13 August 2015, shines a spotlight on the construction industry in the province. Together with an advisory board of 10 industry leaders, the Cape Construction Conference looks at the various challenges in the industry, provides real solutions and highlights opportunities present for stakeholders in the construction industry. In its 3rd year, the Cape Construction Conference and Trade Expo has become an authority in the construction industry in the Western Cape. The conference provides a much needed platform to engage the construction industry in robust discussions and content that speaks directly to stakeholders.
The Western Cape Department of Transport and Public Works has started with rehabilitation of the R101 and R304 between Old Paarl Road and Bloekombos.
The estimated contract value is R59 million and the project is scheduled for completion in late 2016. Over 2300 vehicles travel daily on the R101 and R304.
The project will include the following: cleaning and shaping of existing drains, excavation and concrete lining of side drains; re-construction of a pedestrian sidewalks and property entrances; installation of new concrete kerbs and channels, and new pipe and portal culverts; and construction of a passing lane and taper on R304.
General traffic accommodation
As the country’s power system is currently stable, Eskom is able to perform maintenance without implementing load shedding, the power parastatal said on Friday.
However, the power system is expected to be constrained during the evening peak period between 5pm – 9pm mainly as a result of increased electricity demand.
“As we are currently experiencing cold weather conditions across the country, we urge electricity users to consider energy efficient ways of keeping warm,” said Eskom.
In winter the electricity demand peaks in the morning and evening as more electricity is used during these times. The utility appealed to its customers to continue to reduce their electricity usage throughout the day but to be aware of the need to save more during the peak periods from 6am to 10am and 5pm to 9pm.
Excitement is mounting as construction of more than R1,5 billion in new commercial property developments in an all-green precinct in Century City steams ahead.
These commercial property developments include a Conference Centre with a total capacity of 1900 guests over 20 venues, a new 125 room hotel with ground floor restaurants and bistros spilling out onto a large bustling square which is destined to become the new commercial and hospitality hub of Century City.
Also fronting onto Century City Square is the Apex, an iconic eight storey building comprising 7900 square metres of offices over seven storeys with ground floor restaurants, bistros and coffee shops; the Matrix – a mixed use development of ground floor retail, three storeys of sectional title offices, with a further three storeys of luxury apartments.
Parking for this mega mixed use development will be provided in a six storey structured parking building and in a super basement parking garage, which together will provide a total of 1330 parking bays.
The Port of Saldanha will present investors with investment opportunities in excess of R13 billion over the next five years.
To this end, feasibility studies are already underway and the first contract will be put out to tender by end-2015. As Transnet National Ports Authority (TNPA) prepares to call on the private sector to join it in turning the port’s economic potential into reality. These were among the announcements made at the business leadership organisation, Accelerate Cape Town’s, July Thought Leadership session on the Cape’s unique global position of three ports (Saldanha and Cape Town, and Cape Town International Airport) serving a single city.
Nico Walters, General Manager of Strategy at Transnet National Ports Authority (TNPA), told the audience: “As a state owned entity and with all the other priorities that government faces. We have realised that we can no longer invest in everything. As a result we are inviting the private sector, including foreign investors, to invest in the initiatives planned for the Port of Saldanha. The R13 billion-amount is made up of three key projects, namely an offshore oil & gas supply base; dedicated rig repair berth; and an extension to the old Mossgas repair jetty.”
In addressing the business leaders at the event, Tim Harris, CEO of Wesgro, welcomed the TNPA announcement as one that would strengthen the Cape’s position as a key business destination in Africa.
Private sector service providers looking to enter the public sphere should be willing to move beyond simply meeting the basic requirements of a project as defined by the public sector Terms of Reference (TOR.)
This is according to Gill Jones, Director of Client Solutions at UTi. Jones, in her presentation during the recent 37thSAPICS conference, validated how effective public-private partnership engagements can be in improving the lives and futures of ordinary South Africans.
Jones advises that private sector be willing to learn lessons at risk and at cost to the business for a period of time, but should work on building a trust relationship while learning those lessons. “The risks taken and profit sacrificed might not make traditional business sense, but it has a bigger goal – the heart of the supply chain – that of providing services of a high quality to South Africans.”
Many excellent business ideas never get past the spreadsheet stage and into the real world simply because entrepreneurs fail to connect with individuals or investors with enough capital and risk appetite to help implement them.
This is according to Gerrie van Biljon, executive director of Business Partners Limited who says that finding the correct investors and pitching an idea is a valued business skill that can be developed and improved. “Often entrepreneurs don’t possess the skills to pitch their business effectively and enthusiastically enough to potential investors, and thus don’t succeed in generating the necessary interest or funding.”
He offers the following ten tips to get entrepreneurs started:
1. Get yourself connected and network. Investors are out there, and they are usually only one or two people away from those with whom you do business with anyway. Your accountant or suppliers, for example, can put you in touch with potential investors, or at least someone who knows a potential investor. Emphasise the “work” in “network”, and investigate and ask for referrals.
2. Prepare and sharpen a concise story around your idea that contains no waffle, but only the essential elements that will interest an investor – marketability, sustainability and your own passion for the project. Your value proposition should come through succinctly – what are you offering to whom, and why will they be prepared to buy it.
Commissions on R700m worth of projects is not a bad start for a brand new architectural practice launched in Cape Town this month by two UCT graduates that began their careers 14 years ago and have now left the shadows of the grand old names they have bee
The five significant projects are the new Citadel Investment Bank in Claremont (R200m,) a new hotel in Ghana for Tsogo Sun (R200m,) a Holiday Inn in KwaZulu-Natal (R125m,) a boutique hotel in Green Point, Cape Town (R100m) and a new residential tower in the Cape Town city centre (R75m.)
Robert Silke has been known as senior partner and heir-apparent at Louis Karol Architects (LKA,) which made its mark with the monolithic central city buildings of the 60s and 70s that still stand today as some of the tallest structures in the Cape Town CBD.
As creative director, Silke repositioned the practice as a design force between 2000 and 2010, with his major urban interventions such as Mutual Heights for Old Mutual in 2004, a residential conversion that catalysed the turnaround of Cape Town CBD, and The Point for HCI & Berman Bros in 2014 in Sea Point, which similarly experienced a rejuvenation sparked by the project.
Transnet National Ports Authority awarded the V&A Waterfront (Pty) Ltd the status of Preferred Bidder for the development of a cruise terminal at the Port of Cape Town, Transnet said on Tuesday.
Once all negotiations are concluded, the V&A Waterfront will invest just under R179m to finance, design, and develop the terminal. In addition, the agreement includes operation, maintenance and transfer of ownership of the facility back to TNPA after a period of 20 years.
The facility will remain at E berth, Duncan Dock, in the Port of Cape Town. Once completed, it will be able to accommodate the port’s current and future passenger vessel fleet. It is also envisaged that the upgraded facility will house value-added retail and hospitality services.
The Port of Cape Town is one of the most scenic ports to sail into, set against the dramatic backdrop of Table Mountain. Cape Town is South Africa's oldest working harbour, and a mixed-use destination with not only a broad hotel offering, but a host of leisure activities and tours that depart from the V&A Waterfront.
Over half of construction project owners experienced one or more underperforming projects
Over half of construction project owners experienced one or more underperforming projects in the previous year, despite confidence in project planning and controls, according to KPMG’s 2015 Global Construction Project Owner’s Survey: Climbing the Curve. Further, project owners said only 31% of their projects came within 10% of budget, and just 25% within 10% of original deadlines, in the past three years.
“As engineering and construction projects get bigger, the complexity grows significantly,” says Jeff Shaw, Director, Infrastructure and Major Projects at KPMG. “The improvements by owners in planning, project controls and risk management have been significant, yet there is further work to be done to reduce the number of project failures, and bring more projects in on-time and on-budget. The industry globally has not yet reached a stage of maturity where there is sufficient predictability of project outcomes and the African major projects industry is clearly no different.”
Greater emphasis on planning and prioritising
While rates of underperforming projects are troublesome, KPMG’s survey shows that owners of major capital projects are implementing more mature planning and approval processes, with 84% reporting that their company screens projects using both financial and risk analysis, and 74% of firms requiring formal project delivery and contract strategy analysis, prior to authorisation.
International construction equipment manufacturer Chicago Pneumatic has unveiled its new ultra-bright LED light tower. The CPLB 6 light tower utilises four 350 W LED’s to provide a lighting efficacy of up to 200 lux.
By using LED’s rather than conventional halide lights, the CPLB 6 light tower is 20% brighter than most standard light towers and can reduce energy use by more than 70 per cent.
Using LED luminaires with special optics, the light tower provides ultra-bright light equivalent to the lighting efficacy of four standard 1,000 W halide lights. With a hydraulic mast height of 8 meters, the new towers are capable of projecting 50 lux over 35 meters away. The improved output ensures runtimes can be maximised, providing increased work times and greater site visibility and safety.
Sub-Saharan Africa’s leader in modular building solutions, Kwikspace Modular Buildings (Kwikspace) is pleased to officially announce the appointment of new Building Systems Manager, David van Zyl.
Kwikspace Modular Buildings
Now part of the team in Klipriver, Gauteng, David has not only brought with himself a valuable set of skills but has also introduced Kwik MAX, an Agrement South Africa-approved permanent building solution, to Kwikspace’s already extensive product offering.
CAPE TOWN – Wesgro, the Western Cape’s official destination marketing, investment and trade promotion agency, was focused on strengthening trade relations with Ghana through its trade mission visit, CEO Tim Harris said on Tuesday.
Wesgro announced on Tuesday that it was committed to strengthening and increasing trade relations with other African countries.
This was in line with the country’s vision to increase trade within the continent.
A delegation of 25 companies from the province’s services sector and creative industries would be accompanying Wesgro on a trade mission to Accra, Ghana, this week.
The trip is scheduled to run from June 23-26.
“This mission forms part of our efforts to increase trade between the Western Cape, and the rest of Africa,” said Harris.
Gestamp Wind, the Wind division of Gestamp Renewables, has been awarded with a 20 year PPA for Copperton wind farm, a 102 MW wind project located in the Northern Cape.
Copperton Wind Farm was submitted for Round 4 in August 2014, it has been selected Preferred Bibber under the REIPP Program (Renewable Energy Independent Power Producer Program,) managed by the Department of Energy of South Africa.With Copperton Wind Farm, together with existing 75 MW wind project under operation since July 2014 (Noblesfontein Wind Farm,) Gestamp Wind expands its presence in South Africa and positions itself as one of the main wind IPPs in this country.