Newsletters
January 29, 2010
All Aboard December 2009
 
Media releases
January 13, 2010
Smit Street Temporary Closure, Johannesburg CBD
 

The Bombela construction team will be implementing a temporary closure along Smit Street between Eloff Street and Hoek Street in Central Johannesburg for Gautrain construction purposes.


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Gautrain
 
Implementation

The Bombela Concession Company implements its concession obligations through diverse contractual relationships. The primary contract is the Concession Agreement between Bombela and the Gauteng Provincial Government.

Bombela’s financing obligations are managed through funding agreements with the lender banks, Standard Bank of South Africa and Rand Merchant Bank through the agent bank, Nedbank.

The Concession company has also contracted with specialized entities, which carry the Bombela name, to specifically deliver the design, build and operate portions of the Gautrain system. The Contractual structure of the concession structure is indicated below:

Constructional Structure