LONR Lonrho

 

TIDMLONR 
 
RNS Number : 3898M 
Lonrho PLC 
24 May 2010 
 

24 May 2010 
 
                                   LONRHO PLC 
                   ("Lonrho" or "the Company" or "the Group") 
 
   Lonrho Kwikbuild awarded 28.5 million Rand (US$ 3.65m) contracts for South 
                               African Government 
 
Lonrho, ( AIM : LONR ) is delighted to announce that its prefabricated building 
division, Kwikbuild (Pty) Ltd ("the Company") has won R 28.5m ( US$ 3.65m ) of 
new business. The Company has been awarded two large tenders to develop the Cape 
Town Station Traders Mall and to build a 700 pupil school near Port Elizabeth. 
Both of these projects are fast track projects to be completed within four and a 
half months. 
 
The Cape Town Station Traders Mall is part of the Cape Town station upgrading 
project for the 2010 World cup and beyond. PRASA (Passenger Rail Agency of South 
Africa) has awarded Kwikbuild the contract to provide 386 new shopping units 
ranging in size from 4 to 20 m2 as well as the administration and ablution 
facilities. The total build is in the order of 3,000m2 and it is planned to have 
the initial units erected on site within two weeks before the start of the World 
Cup. 
 
The Department of Public Works, Eastern Cape acting for the Dept of Education 
has awarded the contract to Kwikbuild for the development of Chatty Primary 
School on the outskirts of Port Elizabeth. The school will have 700 pupils and 
is part of the ongoing schools relief programme in the Eastern Cape of South 
Africa. The school will include 23 classrooms, an Administration building and 2 
Ablution blocks and will open in the last quarter of this year. 
 
David Lenigas, Lonrho Executive Chairman commented: 
 
"Lonrho has invested time and money in restructuring Kwikbuild, developing a new 
production plant, increasing staff levels, improving design and costing 
capabilities and levels of customer service. I am delighted that we are now 
beginning to see the results of the restructuring delivering significant orders 
for the division. Kwikbuild product provides a rapid and quality solution to 
meet the need for buildings in Africa, from offices and housing to schools and 
clinics. The Kwikbuild management team is now in a position to take this great 
product and launch it across the continent." 
 
 
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This information is provided by RNS 
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   END 
 
 MSCDBGDURGDBGGX 
 

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