Leading financial institutions back the project

A GROUPING of top financial institutions have put their weight (and funds) to work on the project.
They include the New Limpopo Bridge Projects Limited, Nedcor Investment Bank, Sanlam, Old Mutual and Gensec Asset Management. Finance was also secured from Rand Merchant Bank.
The National Railways of Zimbabwe have a minority shareholding.
The project is based on a BOT (Build-Operate-Transfer) concept where the private sector takes on the responsibility for financing, designing, constructing and operating the line, which is handed over to the government after a 30-year period.