Client In Focus
Magogudi Construction Projects CC
Company Background
Magogudi Construction Projects CC was established in November 2006 and is a 100% black-managed company comprising a team of 20 employees. The company executes maintenance, construction and renovation projects for National Departments, Municipalities and Private clients. The company also owns and undertakes property development of its own.
Funded Project: Complete inspection, supply of spares and refurbishment of all the chain and coarse ash conveyors, including the degrit sumps on two units’ dust handing plant at the Kendal Power Station
Project funded by SP Impact Fund
Complete inspection, supply of spares and refurbishment of all the chain and coarse ash conveyors including the degrit sumps on two units’ dust handing plant at the Kendal Power Station
Project Value: R46 698 130,65
Magogudi Construction was awarded a contract by Eskom Holdings SOC, for the complete inspection, supply of spares and refurbishment of all the chain and coarse ash conveyors including the degrit sumps on two units’ dust handling plant.
SP Impact Fund provided funding of R R5,000,000.00, which enabled Magogudi Construction to execute their work and to fulfil the project scope. SP Impact Fund’s capital contribution was essential in helping Magogudi Construction to build up cashflow and sustain the execution of the project. The capital contribution also played a significant role in creating job. In total 65 jobs were created.