Watermeyer Mining and Construction, a subsidiary of Trustco Group Holdings, (TGH) has rebranded to Trustco Construction Services (TCS) and has also enhanced the value and productivity of its fleet with over N$20 million worth of new construction equipment.
In a statement, TCS Chief Operations Officer, Kevin Fick, said the acquisition includes a front-end loader, excavators, dozer and grader from Barloworld and two 18-tonne dump trucks from Bell Equipment Namibia.
Fick said the type and model of equipment were selected based on efficiency to fulfil a complete spectrum of township infrastructure development needs including new roads, storm water and drainage systems, and other civils infrastructure.
He said TCS plans to expand its 78-man team to an estimated 200 in the future in anticipation of an increased demand for affordable lifestyle-driven residential property.
Fick also added that the new equipment will boost TCS’ capacity to avail serviced land for its ongoing residential, industrial, and mixed development projects.
He said the new equipment allowed the company to service and construct various projects simultaneously.
“TCS reports a line-up of major projects, particularly a road-over-rail bridge, upgrading of existing wastewater treatment works, Elisenheim future extensions, which include residential, commercial, educational and business endeavours, expanding the Lafrenz Industrial Park, and possibly another township initiative from TGH similar to Elisenheim in the near future.
“Elisenheim, Namibia’s largest private residential development was declared a township in 2011. It is just the first of TCS’s response to a shortage of residential properties in Namibia’s central region, and is essentially positioned to complement Government’s drive to provide housing to more Namibian citizens.
“With at least two big projects running concurrently with smaller ones, we have had to alternate the use of our resources between projects, especially between Elisenheim and Lafrenz Industrial Park, and this led to slower than desired delivery on our part,” Fick said.