Groot Property Group (Pty) Ltd

Groot Property Group Appoints Mott MacDonald as EPCM, Seeks to Partner With NamPower for the 900 MW Gas Power Plant in Namibia

Groot Property Group (Pty) Ltd has selected and appointed UK-based Mott MacDonald through its South Africa wholly-owned subsidiary Merz and McLellan as the Engineering, Procurement, and Construction Management (EPCM) for the Company's planned 900 MW Natural Gas Power Plant (Groot Power Plant) in Uubvlei, Namibia.

Groot Property Group (Pty) Ltd Welcomes Engineers and Developing Partners for the Otavi Steel Mill Plant in Otavi, Namibia

This month, November 2011, Groot Property Group (Pty) Ltd is excited to welcome engineers and potential developing partners for its planned 10 Million Metric Tons of Output Capacity Steel Mill Plant in Otavi, Namibia.

Groot Property Group (Pty) Ltd to Build a World-Class International Airport at Groot Near Etosha in Namibia

Groot Group seeks to develop and build Groot International Airport as one of Africa’s largest and best passenger terminal buildings to serve direct flights from the US via Senegal, Europe and Asia.

Groot Property Group (Pty) Ltd and Hakahana Industries (Pty) Ltd to Setup a Brick Factory in Outjo, Namibia

A group of about 25 people from an informal township of Hakahana have formed Hakahana Industries (Pty) Ltd to partner with Groot Group to manufacture bricks, pavers, retaining walls, building materials, facade systems and stones for Groot Town Center.

Groot Property Group (Pty) Ltd to Build a World-Class Multispecialty Medical Center Near Etosha, Namibia

The Company seeks to develop Groot Medical Center in partnership with the world’s best medical centers such as Cleveland Clinic in Cleveland, Ohio USA and The Ohio State University Medical Center in Columbus, Ohio USA.

The Development of the Groot Town Center Ecosystem in Namibia by Groot Property Group Is Tantamount to Helping Namibia Realize Full Employment Opportunities Within 3 Years

The total budget for the planning, development, engineering and construction of Groot Town Center is US$800 million (N$5.8 billion), which is a combination of 20% of debt and 80% equity financing to come from various lending and institutional investors in the US, Europe, Africa, and Asia.

Groot Property Group (Pty) Ltd and Sparkle Energy Ltd to Build the World's Largest 4000 MW Gas-fired Power Plant in Nigeria

Groot Property Group (Pty) Ltd is developing a rapid industrial ecosystem in Namibia with more than 60 different projects which includes Groot Town Center, 900 MW Gas-fired Power Plant, Wire and Cable Plant, Steel Plant, Engineering College, Medical Center, and more related industrial projects that would enable a creation of more than 500,000 direct and indirect better paying and sustainable job opportunities in Namibia within 3 years.

Groot Property Group (Pty) Ltd Authorizes to Issue 10 Million Shares

Groot is poised to become one of the fastest growing and largest towns in Namibia, an innate character, a center of attraction for the concentration of a multitude of essential socio-economic activities with supportive and complementary relationships.

Groot Property Group (Pty) Ltd to Build 900 MW Gas-fired Power Plant in Namibia

For the first time in the history of Namibia, the country will no longer be a net importer of electricity, but a producer and exporter of a cost effective, cleaner, safer, reliable, and environmental friendly power generation for the entire Namibia.

Groot Property Group (Pty) Ltd to Build a World-Class Engineering College and Research Institute in Namibia

NIT plans to offer the most intensive engineering curriculum and training, while NRI in collaboration with NIT, will offer superior training in technology research labs in order to help educate, train, and produce the best engineers, biochemists, and scientists to meet the demand for the next generation of Namibia's industrial economy.