Anglo American Platinum contributes 3.5mln dollars to Limpopo Road Agency - CNBC Africa

Anglo American Platinum contributes 3.5mln dollars to Limpopo Road Agency

Southern Africa

by Qhama Nokwali 0

Anglo American Platinum and the Road Agency Limpopo (RAL) signed a 3 5 million dollars memorandum of agreement (MOA) on Thursday in Johannesburg to help fund the development of road infrastructure in the Limpopo province.

The funding from Amplats will support an upgrade of the 20 kilometres D4180 road parallel to R37 that connects Polokwane and Burgersfort in Limpopo.

“We believe in playing an active role in understanding and supporting the Limpopo government’s development plans which are aimed at improving the local economy and improving the livelihoods of community members,” says Anglo American Platinum CEO, Chris Griffith.

RAL Chief Executive Officer, Petrus Matji says it took a clear position on how to approach road infrastructure delivery by identifying business partners who operate in the areas it develops, and then formed strategic partnerships which benefit a range of stakeholders.

The RAL campaign started March last year and has accumulated over 22.5 million dollars from some private partners namely, Exxaro Resources, Impala Platinum and Ledjadja coal.

“Exxaro Resources contributed 5.33 million dollars to the project, which is connecting 13 villages to the central business district of Lephalale,” he says.

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