Specialist geotechnical contractor, providing turnkey foundation solutions
East Africa
Construction; Industrial & Manufacturing
Client Code: BN000047499
Turnover (Management): $4,666,303
EBITDA (Management): $2,299,000
The Group is a reputable specialist in providing geotechnical design and construction services, with a strong track record of delivering high-quality projects throughout East Africa. This includes providing turnkey solutions, such as geotechnical design, construction, logistics, equipment rentals, and testing. With over a decade’s worth of experience, the Group is a leading provider of foundation and geotechnical technologies within the region, including CFA piles, rotary bored piles, sheet piles, ground anchors, and additional geotechnical services.
Key Aspects
- Reputable regional specialist: Well-known geotechnical design and construction service provider with a strong presence in East Africa.
- Diverse service portfolio: Provides a wide range of piling and drilling services, including CFA piling, rotary piling, sheet piling, ground anchoring, testing and design, making them a turnkey solution provider.
- Oil and gas expertise: Leading contractor for the installation of conductor pipes in the oil and gas industry in Uganda, providing a unique advantage.
- Government prequalification: Prequalified with numerous government agencies in Uganda and given priority for oil and gas projects over foreign competition.
- Robust financials: Order book growing year-on-year, reaching a maximum revenue of approximately USD4 million in FY23.
Opportunities
- Expansion of services: Opportunity to offer more specialist services, such as ground improvement, deep soil mixing, and solar PV construction services.
- Regional growth: Strengthen presence in key East African markets, specifically in Kenya and Tanzania, to tap into growing infrastructure development.
- Diversification into new markets: Growth potential in markets beyond the current scope, such as mining, geothermal drilling, water well drilling, and other civil works.
- Capital investment: Strategic investment in new and additional equipment to increase Group capacity and venture into new markets.
Current Markets
- Services cater for a broad range of industries, including commercial buildings, bridges, oil and gas, industrial structures, and water and energy infrastructure.
- Operating in a high-growth market, the Group capitalises on East Africa's ranking among the world's fastest-growing economies. The region's focus on infrastructure development, including roads, bridges, energy infrastructure, and water projects, means that the Group is best positioned to benefit from the increasing demand for piling and geotechnical solutions.
- The Group is strategically positioned as a preferred and prequalified contractor with various Ugandan government agencies, engages in direct procurement with main contractors, and participates in tenders.