Fruits of Malawi Investment Forum: Khato Civils sign multi million dollar deals with govt
Malawi’s agenda of bringing foreign investors into the economy is taking great shape with numerous deals being sealed at and after the just ended Malawi Investment Forum (MIF) in Lilongwe.
Of special interest is the coming on board of a big investor who happens to be Malawian despite operating from South Africa for years, Khato Civils Pvt Ltd.
Khato Civils (PTY) LTD is a South African based design and construction company involved in the development of large scale infrastructure targeting both the Private and Public sectors.
Registered in 2010, Khato Civils has established itself as one of the leading black emerging construction companies within the South African market.
During the just ended Malawi Investment Forum (MIF), Khato Civils Pvt Ltd signed a Memorandum of Understanding (MoU) with the Malawi Government on Lake Malawi Water Supply Project, a modern bus terminal and tollgates.
According to Taonga Botolo who is Media and Public Relations Manager at Khato Civils, the company will construct a water supply system from Senga bay to Lilongwe.
“This might look like an ambitious or tough project, but it is practically doable and once completed it will give Lilongwe residents an efficient and reliable water supply through the utility company Lilongwe Water Board which has been facing capacity setbacks in their line of duty,” he said adding that this is the first project of its kind here in Malawi.
The company will also construct a modern bus terminal in Lilongwe along the Likuni Road.
The facility will include a five-star hotel and a shopping mall. This infrastructure will be the first of its kind in the country and will add value to the Capital City both economically and beauty.
Another of their project under MOUs signed with government, Khato Civils will mount tollgates on some busy roads in the country, a project that will boost revenue collection by road authorities in the country.
All the three projects are valued at $1 billion (approximately K780 billion).
Botolo was also quick to point out that Khato Civils has the capacity to execute all the projects owing to their track record in the whole Southern Africa.
“We have the technical capacity and expertise to embark on a project of this caliber and complete it in shortest time possible. For the record, as Khato this is not our first time to do such a project.Currently, we are also involved in almost a similar project in Giyani, Limpopo Province in South Africa. This project is designed as a long term water solution to Mopani District Municipality and it’s worth ZAR 11 billion project.”
He added, “As you can see our capacity to carry out such a phenomenal project in a robust economy that is South Africa means we will deliver desirably on the Lake Malawi Water Supply Project. Our technical and financial capacity does not in any way come under question.”
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Is Khato coming to invest or to do a contract which afterall needed to be tendered for? And if its a contract as it sounds, how was the bidding process?
I don’t get it. Is Khato coming to invest or they have won a tender to do the projects for which Government must pay them? And why have a 5 star hotel at a bus station? On toll roads, which roads are you tolling? The same pot holed single lane paths? Do the traffic flows warrant tolling? Where’s the feasibility study? Or is this just a way of suffocating motorists who already pay numerous levies?
Dodgy tender processes and ministerial intervention turn water supply project into a pipe dream R170 million was paid to three companies in October 2014 to ensure a consistent supply of water to the Limpopo town of Giyani and surrounding villages. Despite this, residents go for up to five days at a time without water and are forced to buy from neighbours fortunate enough to have boreholes. A City Press investigation has revealed that the three companies – LTE Consulting, and construction companies Khato Civils and South Zambezi – were awarded a R502 million tender in September 2014 to improve the… Read more »
This Botolo guy has an ugly face. Eish
Khato Civils with the team of staff you have and your financial capability I have all the hope that this project will bring change to Malawi as a country
Dat is absolute nonsense. Why importing Civils whilst we have MKAKA and others. Poor Malawi.
Good news.
but, can u shd more light on funding issues and project timeframe.
Khato Civils is being investigated in SA over how it won bids without public tender. The Limpopo deal they mention wasn’t worth R11bn. Moreover, the residents of that town still have no water. Just google this company for yourself. They are crooks. Just another cashgate-enabler; no wonder why our criminal politicians were keen to sign an MOU.
DPP as corrupt as ever. From Zuma to Mutharika, Simbi begins to infest Malawi nasty deals
http://city-press.news24.com/News/r170m-and-still-no-water-20160314
We have been telling successive governments that the only way to end water shortage is to tap it from Lake Malawi. It is less than 12 KMs.
Please we want to comment on the design of the bus terminus. Please circulate the design. We are tired of contractors ripping off the government because of corruption