Chapman's Peak Drive
Sector: Road • Location: South Africa
Source: World Bank Group
In May 2003, a 30-year concession agreement was signed between South Africa’s Western Cape government and the black empowerment consortium Capstone. The consortium, who in late 2003 changed their name to Entabeni Limited, will design, build, finance, operate, and rehabilitate Chapman’s Peak Drive. The road is renowned for its scenic drive and also for its dangerous surroundings – the road was prev
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | In May 2003, a 30-year concession agreement was signed between South Africa’s Western Cape government and the black empowerment consortium Capstone. The consortium, who in late 2003 changed their name to Entabeni Limited, will design, build, finance, operate, and rehabilitate Chapman’s Peak Drive. The road is renowned for its scenic drive and also for its dangerous surroundings – the road was previously closed after falling rock killed travelers. Entabeni Limited comprises Concor (55 percent), Haw and Inglis (15 percent), Thebe Travel Investments (20 percent), and Marib (10 percent). The consortium has agreed to construct, using Swiss technology - catch fences, canopies, shields and other protection from falling rock. In addition, the consortium was responsible for building two toll booths. The total distance of the toll road is 9.5 kilometers. Between 2003 and 2009, the toll road's project has only been opened intermittently. In 2009, after many road closures, the governement announced it was envisaging of reneotiating or cancelling the contract. Investment per kilometer is very high but due to elaborate technology needed to prevent further disasters with falling rock and land slides. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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