Client In Focus
Magarule Civil Works and Construction
Company Background
Magarule Civil Works and Construction is a 100% black-owned and managed construction company. The company was established in December 2009 and operates in the Building and Civil Engineering industries. The company embraces a commitment to providing services of excellence and is engaged as an independent contractor or in collaboration with strategic partners in both the Public and Private sectors. In applying advanced technology and management services, the company can aid clients in creating sustainability and cost-effectiveness in the projects that they undertake. Their client-centred approach is critical to successful project delivery
Project funded by SP Impact Fund
Construction of the following Property Portfolio, Waterfall Estate, Midrand, Helderfontein Estate, Fourways, Highland Gate Golf & Trout Estate.
Project Value: R58,900,000
Magarule Civil Works and Construction was awarded a contract of the value of R 58,900,000 for the Construction of the following:
• Waterfall Estate, Midrand,
• Helderfontein Estate, Fourways.
• Highland Gate Golf & Trout Estate
SP Impact Fund provided a total of R10 944 500 to Magarule Civils Works and Construction and their sub-contractors. This enabled the company and its subcontractors to begin work and obtain the materials and supplies required for the contract.
SP Impact Fund’s capital contribution was essential in helping Magarule and its sub-contractors to build up cashflow and sustain the execution of the project. The capital contribution also played a significant role in creating jobs. In total 17 jobs were created.