OVERVIEW

Location

Gauteng, South Africa

Sector

Transport - Rail

Procuring Authority

Gautrain Management Agency

Project Company

Bombela Concession Company (Pty) Ltd

Project Company Obligations

Design, Build, Finance, Operate and Maintain

Financial Close

25 January 2007

Capital Value

ZAR 24.5 billion

(USD $3.4 Billion - 2007 exchange rate)

Contract Duration

19 years, 6 months

Key Events

Disputes, land acquisition delays, design and construction changes