New Limpopo Bridge Ltd
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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
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- ↑ NLPI Overview
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