Liviero secures new contracts

Four new contracts secured by construction group Liviero include a R900-million chrome mining contract for Tharisa Minerals and the new, high profile KwaMnyandu Shopping Centre in Umlazi, Durban.

Liviero Mining has been awarded a five-year contract to mine the Tharisa West Pit, situated near Rustenburg, reports CEO Neil Cloete.

The group has also netted three new shopping centre building contracts – in Newcastle and Ladysmith, as well as the contract to build Umlazi’s newest retail centre, which forms part of the KwaMnyandu development node centred around KwaMnyandu railway station.

Liviero’s R256-million contract for KwaMnyandu Shopping Centre has commenced, and is due for completion during the 1st quarter of 2014, Cloete states. The centre will offer over 23 000 m2 of GLA (gross leasable area), with two major food anchors Shoprite and Pick n Pay.

The group’s contracts for Theku Plaza shopping centre in Newcastle and Ezakheni Plaza shopping centre in Ladysmith reflect the success of Liviero’s growth strategy in the Northern KwaZulu-Natal region, he adds. Both projects are being undertaken for McCormick Property Development Company, one of the largest shopping centre development companies in the country, and fast-track programmes will see them handed over this year. Liviero’s R54-million contract for Theku Plaza is due for completion in July, while the R48-million contract for Ezakheni Plaza is scheduled for completion in September.

PHOTO CAPTIONS:
Artist’s impression showing an exterior view of the new KwaMnyandu Shopping Centre in Umlazi, Durban.

Artist’s impression showing an interior view of the new KwaMnyandu Shopping Centre in Umlazi, Durban.

/Ends

Issued by Express Communications, on behalf of Liviero

For more information, please contact :
• Wendy Zipp at Express Communications
• Tel: 011 022 2759
• Fax: 0866 131 499
• Cell: 082 338 9523
Email: wendyzipp@expresscom.biz
• OR
Neil Cloete at Liviero
Tel: 011 466 2644

ABOUT THE LIVIERO GROUP
Liviero is a 29-year-old family owned construction company that has grown into a national business delivering prestigious contracts throughout South Africa.
Liviero is a level 2 BBBEE accredited contractor focused on the Building, Concrete, Roads & Earthworks, Civils, Plant Hire and Open Cast Mining sectors of the construction industry.
The company, the first privately owned construction company to receive a 9GB CIDB rating, has a reputation for producing quality work under pressure and has the ability to react quickly to the ever-changing market. The Group is also has a CIDB 9 CE rating.
Extensive plant facilities allow the Group to deliver on large scale contracts. Liviero, a diversified construction and engineering group, generates an annual turnover of around R1.4 billion. The diverse nature of the Group enables it to deliver construction and engineering solutions in the Civil Engineering, Building and Mining sectors.
Showcase projects include work on the FNB Stadium, The Royal Bafokeng Stadium, Gauteng Freeway Improvement Programme and Gautrain.
Liviero is a passionate, entrepreneurial, aligned, private, family orientated, multidisciplinary construction group. Our mission is to add sustainable, real value for our stakeholders through strong relationships.
The Group’s vision is to be a sustainable, respected and proud brand. The Group values are:-
• Adaptive Flexibility
• Do What We Promise
• Entrepreneurial Spirit
• Passionate About Relationships
• Teamwork and Co-operation