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Protech Khuthele wins R65m contract

Feb 19 2013 08:37 I-Net Bridge

Company Data

PROTECH KHUTHELE HOLDINGS LIMITED [JSE:PKH]

Last traded 0.35
Change 0.04
% Change 0.13
Cumulative volume 51000
Market cap 126.88m

Last Updated: 24/04/2014 at 01:21. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - The Protech Khuthele Holdings [JSE:PKH] contracting division has successfully tendered for the bulk earthworks and construction of a new solid waste disposal facility in Rustenburg‚ the company said on Tuesday.

The project is expected to commence this week and requires the excavation and stockpiling of over 300‚000 m3 of clay turf material and other unsuitable soils and rock as well as the construction of various waste cell berms and retaining structures with a volume in excess of 500‚000 m3.

In addition‚ base preparations will be constructed using graders and roller compactors‚ totaling more than 120‚000 m3 -equivalent to 18 rugby fields. In total‚ over 1.3 million m3 material will be moved.

The value of Protech’s contracted work amounts to R65m and is required to be completed within nine months.

Antony Page‚ Protech CEO commented: “We are very excited about the contract‚ which flows from the repositioning of the group last year‚ and demonstrates our ability to deliver more diversified solutions to our customers. Our newly formed Civil and Earthworks business is now better positioned to provide sustainability and future growth‚ as underscored by this successful tender.”

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