Home Business EWADE, ZTCS JV seal E331m MNWAP deal
Business

EWADE, ZTCS JV seal E331m MNWAP deal

Share
EWADE CEO Dr Samson Sithole (2nd R) after signing the contract with ZTCS Joint Venture Chief Executive Officer Steven Liu, while Bongani Magagula, Director-Projects at EWADE looks on. (Courtesy pic)
Share

LUBOVANE – The Eswatini Water and Agricultural Development Enterprise (EWADE) and ZTCS Joint Venture have signed contracts totalling E331.3 million under the Mkhondvo-Ngwavuma Water Augmentation Programme, MNWAP.

The agreements cover two major components of Phase 1B, the Secondary Distribution System, Lot 2 and the Infield Distribution System and On-farm Development for Maloma 1 and Maloma 2, Lot 3.

The ZTCS Joint Venture offered to execute Lot 2 for E154.8 million, outbidding five competitors.

They included Irrigation for Africa, t/a Afri Civils from Eswatini, Murray & Dickson Construction of South Africa, Stefanutti Stocks Construction Swaziland of Eswatini, Zibandlela Trading 10 of South Africa and Quench Management of South Africa.

For Lot 3, which involves the construction of the Infield Distribution System and On-farm Development for Maloma 1 and Maloma 2, ZTCS Joint Venture, a partnership between Zhengtai Group of China and Cherry Splash of Botswana, also emerged as the successful bidder.

The consortium outperformed five other competitors, including Jain-H.E. Jackson JV from India and Malawi, Inyatsi/Afri Civils Joint Venture, Stefanutti Stocks Construction Swaziland, Zibandlela Trading and Quench Management Services. Lot 3 was valued at E176.5 million.

Funding for both contracts is provided by the OPEC Fund for International Development.

The signing ceremony took place on Wednesday at the Lubovane Dam Offices, with EWADE Chief Executive Officer, Dr Samson Sithole, signing on behalf of the organisation.

“These contracts mark a decisive step in translating the vision of MNWAP into tangible socio-economic outcomes,” said Dr Sithole.

“The Mkhondvo-Ngwavuma Programme is not merely an infrastructure project. It is a transformative national initiative designed to unlock the agricultural potential of southern Eswatini, create jobs and improve livelihoods for thousands of households.

“The secondary and infield distribution systems will ensure that the water resources harnessed by the Mpakeni Dam reach every intended community and farm.

“This is where water becomes wealth, through irrigation, increased food production and the growth of both commercial and smallholder agriculture.

 “The signing of these contracts moves us closer to a future where reliable water access underpins inclusive rural development and long-term national resilience.”

*Full article available in our publication.

Share
Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

New bus fares to take effect next week

MANZINI – Commuters will start paying higher bus fares next week after transport operators begin displaying notices announcing the revised tariffs. The new...

Illegal foreign-owned businesses given 1 year to close

LOBAMBA – Foreign-owned businesses found operating in violation of the country’s laws and regulations have been given 12 months to regularise their operations...

President hosts Team Eswatini to dinner in Dakar

DAKAR – Team Eswatini athletes received words of encouragement from the country's Olympic leadership during a special dinner hosted by the EOCGA President ...

Another cup final for MaMkhize’s Eswatini team

(At Somhlolo National Stadium) Highlanders AM.....(0)0 Ubombo Sugar........(0)0  Highlanders won 5-3 on penalties) MBABANE - Mbabane Highlanders AM reached the PLE Charity Cup...

FNB offers more incentives to attract new customers

MBABANE - FNB Eswatini has introduced a campaign offering qualifying customers repayment holidays, cash-back incentives and additional family protection benefits. This comes as...

Related Articles

Sugar, soft drink concentrate exports lift trade surplus to E687.9m

MBABANE - Eswatini’s trade surplus widened to E687.9 million in September as...

Eswatini ranks 32nd in Africa governance index

MBABANE - Eswatini’s governance performance has barely shifted over a decade, with...

ESCC uncovers weaknesses across Eswatini beef value chain

MBABANE – Eswatini’s beef industry is characterised by low productivity, limited investment,...

Domestic revenue collection reaches E8.2bn at half-year

MBABANE - Domestic revenue collection reached E8.2 billion at mid-year, representing 47...