The African Development Bank Group (AfDB Group) has approved $322.35m loans and grant to Burundi and Tanzania to finance the […]
Construction is set to commence on US $5.2bn Batoka Gorge hydro-electricity project expected to generate 2,200MW of power capacity, following a meeting […]
Despite the troubled times in the construction industry, Concor Western Cape continues with a range of quality projects in and around Cape Town, where the company’s legacy has been indelibly stamped for more than a century.
“Our close relationship with developers, consultants and clients over many years ensures that we are always aware of what is happening in the market, and what the industry requires of us,” Mark Fugard, MD of Concor Western Cape, says. “Even with conditions being depressed, we have secured work where we can deliver value with some of the finest skills and teams in the business.”
Recently completed projects include the Signature Lux 1 hotel, an 80-key establishment outside the waterfront area in an historic building whose situation precedes even the reclamation of the foreshore. Work has now begun on the Signature Lux 2, a larger hotel with 167 beds in the CBD.
“Perhaps one of the most exciting current projects is 16 On Bree,” says Fugard. This will be the tallest residential building in the city centre and is only slightly below the height of Portside, also part of Concor Western Cape’s legacy in Cape Town. It will include two levels of retail and several levels of parking, and will reach 120 metres high, looking onto Bree Street. There will be 38 levels in total, accommodating 380 apartments of various sizes.
“On the Atlantic seaboard, we are busy with two high-end residential developments which are setting the standard for luxury living in Cape Town,” he says. One is a large seven-storey home on Nettleton Road high on the hillside of Clifton, and the other is the Aurum development in Bantry Bay.
The latter comprises eight Aurum Presidential Residences cascading down from Victoria Road to the ocean’s edge and 15 Aurum Luxury Residences rising up the hill above the road. The Presidential Residences are scheduled for completion by year-end.
Minister of Works and Housing, Samuel Atta Akyea, has disclosed that the ministry will embark on the construction of 200,000 […]
The government of Zimbabwe under the Command Housing programme, is set to construct 470 000 house in the next five years following identification […]
The Glencairn and Soetwater tidal pools in Cape Town’s South Peninsula have undergone intensive multi-million rand renovations and are now open. […]
Work on the Vaal River System rehabilitation project, in Sebokeng, is now under way after a technical team from the […]
Botswana Housing Corporation (BHC) has announced that the Tsholofelo Housing Development Project in Botswana that cost US $37m is complete with 372 houses already […]
Construction works on supporting infrastructure for the proposed 2100MW Stiegler’s Gorge hydroelectric in Tanzania nears completion. This will signify the beginning […]
The old Conradie Hospital site has been dormant since 2002. Heralded by Western Cape Premier Helen Zille, the plan for […]
The Kenyan government is set to spend Ksh7bn ($69 million) upgrading the country’s second largest airport. The expansion of the Moi […]
Uganda is set to receive US $229.5m for the construction of phase one of Kampala-Jinja express project, following an approval from the African […]
Work on Cameroon’s 420MW Nachtigal dam is set to go ahead in December after a $1.4bn financing agreement was concluded […]
In a bid to kickstart domestic industry, the government of Tanzania has offered free, “well surveyed” parcels of land to […]
The African Development Bank (AfDB) will fund infrastructure projects by Eastern African countries to the tune of $2 billion over […]
Recently appointed as the African Union special envoy for infrastructure development in the continent, Raila Odinga has announced plans to construct a 6,000-km road linking Mombasa in Kenya to Lagos in Nigeria in bid to link Africa through modern highways and railways.
- China is Africa’s biggest and strongest ally and in recent years has pumped millions of dollars into the continent.
- At the close of the 2018 China-Africa Forum for Cooperation (FOCAC) summit held in Beijing, the world’s second biggest economy announced that it had set up a new R900 billion ($60 billion) kitty meant for Africa’s development.
President Muhammadu Buhari, yesterday inaugurated the $600 million (N216billion) Port Harcourt International Airport terminal funded by the Export-Import Bank of […]
The Cape Town City council was scheduled on Thursday to announce its decision on the sale of City-owned land to housing non-profit organisation Communicare for redevelopment […]
The 310MW Lake Turkana wind farm project in Kenya is set to be connected to the national grid by end […]
Bulk liquid storage operatorBidvest Tank Terminals (BTT) on Thursday celebrated the start of construction on its R1-billion mounded liquified petroleum gas (LPG) storage facility in Richards Bay. The […]
“The conditions are shocking. As the government we are ashamed,” says KZN Premier. Beneficiaries of Msunduzi municipality’s Wirewall Rectification Programme in […]
Traffic flow in the Hartbeespoort Dam is set to improve as construction work on the R512-PWV3 is making good progress. […]
Cooperatives across the country will soon get grain silos to be constructed at a cost of 22.4 million Br. Four […]
An investment of at least US $2.3bn is required in the next five years to fix Zimbabwe’s water and sewer […]
The World Bank has pledged its support to the Kenyan government in delivering the 500,000 affordable housing project which is in line […]
Morocco is planning to invest US $40bn in the energy sector, which includes a liquefied natural gas project, by 2030. Confirming […]
The Democratic Republic of Congo, DRC will in the coming years see its energy output significantly boosted when the 11,000-MW […]
The government of Uganda has commissioned a new solar power plant in Gomba region in line with the country’s push to focus […]
The Government of Tanzania has set aside US $13.4m for the construction of the modern Sumbawanga Airport in Rukwa Region set […]
Construction of the Walvis Bay Port new container terminal in Namibia, set to place the country as a regional hub and […]