Freight and logistics service provider Grindrod had a R10-billion project pipeline planned for sub-Saharan Africa, said Grindrod CEO Alan Olivier on Thursday.
He told Engineering News Online that the capital expenditure for some of these projects had already been approved by the Grindrod board – R1.6-billion from 2014 to 2016.
The remaining projects were in various stages of development, and, for example, had either already been costed, or were awaiting regulatory approval or commitment from customers, said Olivier.
Read the full article here: http://www.engineeringnews.co.za/article/grindrod-to-raise-capital-for-r10bn-infrastructure-project-pipeline-2014-02-27/rep_id:3182
