Newsflash 623 of 12 November 2008


Newsflash 623 = of 12 November 2008
TRAC Celebrate= s 10 Years Of The N4

Dear MCLI Readers

Trans Africa Concessions, the private sector concessionaire on the N4, recently celebrated its 10^th year of operation at a glitte= ring function at Melrose Arch in Johannesburg. TRAC is a Public Private Partnership which was granted a 30 year concession to build, maintain and operate the road from Gauteng to Maputo. &= nbsp;The celebration was noteworthy in that TRAC is one of the first large Public Private Partnerships in South Africa and Mozambique, and crossing the border, this unique PPP has contributed significantly to= the economic growth and development of the region. In its ten years of operation, TRAC · &nbs= p; <= span style=3D'font-size:10.0pt;font-family:Tahoma'>Has spent R3billion on the = road to date · &nbs= p; <= span style=3D'font-size:10.0pt;font-family:Tahoma'>Will still spend at least a= nother R3billion on the road · &nbs= p; <= span style=3D'font-size:10.0pt;font-family:Tahoma'>In its first year of operat= ing the Middelburg Plaza, the average annual daily traffic was 10,868 per day. Today this is 16,866 – a growth of 56%<= o:p> · &nbs= p; <= span style=3D'font-size:10.0pt;font-family:Tahoma'>In the first year of operat= ion, Maputo Plaza’s average annual dai= ly traffic was 19,233. Today this is 34,300 – a growth of 78% · &nbs= p; <= span style=3D'font-size:10.0pt;font-family:Tahoma'>Has invested approximately R23million in social responsibility projects · &nbs= p; <= span style=3D'font-size:10.0pt;font-family:Tahoma'>Has processed a little more= than 200 million toll transactions to date. TRAC CEO, Arthur Coy. TRAC CEO, Arthur Coy, gave a number of “Sipho” awards (Sipho has become the well known and ubiquitous symbol of TRAC) to staff of TRAC who= had attained exceptional achievements in the past ten years. Some speci= al awards were made; to Trevor Jackson, his predecessor (who travelled from = the UK to attend the function), the pioneer = of the PPP and saw the project through the construction phase, and Dr Mathews Phosa who is regarded as the “Father of the <= st1:City w:st=3D"on">Maputo Corridor”. As Dr Phosa is the South Africa Chairman of the MCLI Board = of Directors, we are proud of the recognition given to him for his visionary approach to the Maputo Corridor. Trevor Jackson and Arthur Coy MCLI congratulates TRAC on = 10 years of service to South Africa and Mozambique, and looks forward to ano= ther 20 years of safe travelling on the N4.

Best Regards Brenda Horne= CEO MAPUTO CORRIDOR LOGISTICS INITIATIVE Incorporated under = sect 21- 2004/007466/08 mailto:brenda.horne@mcl= i.co.za Tel: +27 (0)13 755 6025 Fax: +27 (0)13 752 5453 htt= p://www.mcli.co.za Working together to make the Maputo Corridor First choice for the regions importers & exporters alike. &nb= sp; DISCLAIMER: This e-mail and any attachments are confidential and are intended for a specif= ic addressee only. If you are not the intended recipient please notify us immediately and do not disclose, copy or distribute the contents hereof. = Any opinions expressed in this message are those of the author and do not necessarily reflect the opinions of MCLI. We believe, but do not warrant, that this e-mail and any attachments are virus free. You must therefore t= ake full responsibility for virus checking. MCLI reserves the right to monitor all e-mail communications through its network. To remove your name from our mailing list, please click here. Click to download the Adobe® Reader® free of charge only if you are unable to open the above files Questions or comments? E-mail us at brenda.horne@mcli.co.za or call +27 13 755 6025

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