The cement industry has been assured by Sanral that the Chinese companies recently awarded significant contracts by the roads agency will use local materials on these projects. Moneyweb infrastructure
The cement industry has been assured by the South African National Roads Agency that the Chinese companies that were recently awarded significant contracts by the roads agency will be using local materials on these projects. Njombo Lekula, MD of PPC South Africa and Botswana, said on Monday that Cement & Concrete SA wrote to Sanral to verify that the Chinese companies would be using local product “and they gave us that assurance”.
Chinese companies win the bulk of Sanral’s cancelled tenders Njombo’s comments were made in response to questions from analysts during a presentation on Monday on PPC’s financial results for the six months to end-September 2022. This follows Sanral earlier this month announcing the award of four of the five tenders it cancelled in May this year.
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