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Africa seen as market with great potential

18 March 2009 – The merging of two of South Africa’s leading consulting engineering companies with an Australasian infrastructure advisory company will result in the formation of a US$650 million company.

With some 6 700 employees in 87 offices in 27 countries, Aurecon is made up of Connell Wagner of Australia, and Africon and Ninham Shand of South Africa.  Headquartered in Singapore, the company will seek to position itself as a leader in the infrastructure industry.

In particular, the new company sees Africa as providing significant opportunities and also saw potential in the global response to the economic crisis of emphasis on infrastructure as part of economic stimulus proposals.

The South African chairperson of the group will be Prof Jakes Gerwel, a DG in the Mandela government.  Dr Gustav Rohde will be CEO responsible for Europe, the Middle East and Africa (AME) Ninham Shand’s previous MD, Arnie Möhr will be the deputy chairperson of the AME zone.