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The
 Peninsula-Expressway Consortium
 Welcomes you
 
The Peninsula Expressway Consortium (Penway) was formed during 1998 and has submitted an unsolicited proposal to the SA National Roads Agency Ltd. (SANRAL) to design, build, operate and transfer the proposed N21 (R300) Cape Town Ring Road.

The proposal is designed to help alleviate the traffic congestion in the Cape Metropolitan Area (CMA) and to improve accessibility to large areas that are currently difficult to reach. It connects work places and homes of all communities and assists with public road transport. The project will have a significant impact on the economy of the Western Cape.

Penway is structured in such a way that significant local participation in the concession is ensured. In this way benefits from the project such as job and investment opportunities will accrue in a significant way to the local community.

The Penway Sponsor Group contains civil engineering contractors with large interests in the area. All the consultants have offices within the CMA and South African advisers have been used as far as possible. Empowerment is a key objective of Penway and for that reason a local empowerment investment group has been offered the opportunity to invest in this project. Consultants and advisers with empowerment initiatives have also been given preference.
 
Project Sponsors
 
  • Murray & Roberts Construction
         A large, national company with local and international experience in concession type projects.

    Murray & Roberts Cape is a local company.
  • Power Construction.
         The largest construction company in the Western Cape with very strong Cape roots.
    Power is a highly respected company with an impressive track record in the upliftment of previously disadvantaged communities.
  • African Renaissance. A locally based empowerment investment group with strong community support.

Construction Companies:
Operating Company:
  • Tolcon. A Gauteng based company with extensive experience in toll systems and toll road operations.

Consulting Engineers:
  • Goba Moahloli Keeve Steyn. A national consulting engineering company with vast toll road experience. GMKS has a local office and a strong empowerment equity structure.
  • ASCH Consulting Engineers. A local empowerment consulting engineering company.
  • Jeffares & Green Consulting Engineers. A national consulting engineering company who values engineering integrity. J&G has very strong local representation and a long track record of roads and planning within Cape Town and the Western Cape.

Specialist advisers to Penway include:
  • PriceWaterhouseCoopers. One of the leading global Project Finance advisers with a specialist transport team advising bidders on toll road projects around the world.

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