| K&M
is a first hand witness to Africa's emergence as a place for
business and for large-scale private sector investment. K&M's
participation in Africa's economic development is multi-faceted.
K&M has provided direct consulting expertise to numerous
governments, multilateral institutions and private sector investors.
K&M's engineers have provided owner's engineer, due diligence,
quality control/assurance and construction management services
on a wide range of power, telecommunication and water/wastewater
projects. |
| In
March 2000 K&M was awarded an assignment in Nigeria for the
Bureau of Public Enterprises to assist in the procurement of
Emergency Power supplies. More recently K&M has conducted
an evaluation of NEPA's generation facility rehabilitation plans. |
| In
February 2000 K&M was awarded an assignment in Kenya to assist
an international consortium develop two 55 MW fast track diesel
power stations. Acting as "Lender's Engineer," K&M
experts are reviewing contractual requirements and interfaces,
design and engineering, financing models, schedules, performance
and project management on behalf of the international investment
group. |
| In
December 1999 K&M's Senior Vice President Operations, William
C. Drotleff, and Henry Steingass, Senior Project Manager, participated
in the Africa Energy Ministers Conference in Tuscon, Arizona.
This conference hosted by the U.S. Department of Energy brought
together Energy Ministers from 48 African countries. Key areas
targeted for cooperation between the U.S. Government, African
Leaders and U.S. and African business leaders who attended this
landmark event were: 1) regional energy integration; 2) rural
electrification and energy supply; 3) clean energy sources and
energy efficience; 4) urban air quality, and 5) energy resource
management. The Ministers pledged to pursue measures to enhance
private sector participation and attract clean energy projects. |
| In
February/March 1999 K&M undertook an intensive, global review
of private sector financed power projects for the US Trade and
Development Agency. As part of this study, 17 short-term (over
the next 18 months) opportunities were identified in ten countries
in Africa totaling more than 5,000 MW valued in excess of $3.5
billion. |
| Recently,
K&M assisted Côte d'Ivoire, Tunisia and Mauritius to
develop their first independent power projects. In Egypt, K&M
has had a sustained presence for over 10 years in the power,
telecommunications and water/wastewater sectors. In the power
sector, K&M assisted the Egyptian Electricity Authority with
policy reform, institutional development and training, as well
as construction management of several large power facilities.
K&M provided technical assistance to Egypt Telecom as it
undertook to restructure the country's telecommunications sector,
and is currently installing 1 million new lines in 12 exchanges.
K&M has provided technical assistance for several water/wastewater
treatment projects that have attracted private sector participation. |
| Elsewhere
on the continent, K&M has provided technical assistance to
Togo, Kenya, Zambia, Swaziland, Ghana, and Southern Africa through
a variety of sector analyses, feasibility studies, and power
plant rehabilitation projects |
| K&M's
involvement in Africa's infrastructure development includes the
full range of engineering and consulting services that the firm
provides to clients worldwide. |
| K&M's
work in Africa is a testament to the Corporation's dedication
to assisting developing countries to attract the private sector
capital that is necessary for rational growth. As in Latin America,
the Middle East and Asia, K&M has established the foundation
upon which several first of their kind, multi-million dollar
projects have been financed with private sector participation.
This places K&M among the few firms that have perceived the
potential while innovatively finding the means to adequately
mitigate risks to attract investors to the region. |
|
For more information on K&M's
activities in Africa please contact Conal Duffy at K&M, cduffy@mailer.kmec.com.
We also invite you to use the
following search machines for other information on Africa.
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