New Limpopo Bridge Ltd

New Limpopo Bridge (Pvt) Ltd.
Company typePrivate
Headquarters
Zimbabwe
SubsidiariesNLPI

New Limpopo Bridge (Pvt) Ltd., is a private company, incorporated and registered in Zimbabwe, and is a subsidiary of NLPI Ltd, an investment holding company whose main investment focus is infrastructure projects in Africa. Under a build–operate–transfer (BOT) concession agreement—one of the first BOT schemes in Africa[1]—New Limpopo Bridge (Pvt) Ltd constructed the Alfred Beit Road Bridge over the Limpopo River between Musina, South Africa, and Beitbridge, Zimbabwe, in 1994.[2]

New Limpopo Bridge Ltd recovered costs by charging user tolls, and upon the expiry of the twenty-year BOT agreement in mid-2014, the Zimbabwean government took ownership of the bridge.[1]

References

  1. ^ a b International Monetary Fund (October 2014). World Economic and Financial Surveys Regional Economic Outlook, Sub-Saharan Africa: Staying the Course (PDF). Washington, D.C.: IMF. pp. 46–47. ISBN 978-1-48439-230-0.
  2. ^ NLPI Overview