Cold Link Africa November/December 2017 | Page 24

PROJECT INCORPORATING COLD CHAIN The insulated -35°C and -10°C surge drums with stainless steel cladding has a polished finish. Access doors to the three cold rooms are fitted with high-speed vertical doors and strip curtains. At the heart of the refrigeration plant are four Mayekawa/Mycom 8M directly coupled reciprocating compressors. Liebenberg, a residential property developer from Mount Edgecombe, was keen on a development in Dube. “Living close to the OR Tambo International Airport in Johannesburg as a kid, I always had a vision of a property development close to an airport. Meeting up with Hoffie was purely by chance and a golden opportunity to make my dream a reality, even though the development of commercial/industrial property would be new to me,” said Liebenberg. SUSTAINABLE PARTNERSHIP The first estimate of the cold store on the Dube site amounted to R85m and meant that Rautenbach and Liebenberg needed further funding before submitting an application to the KZN Growth Fund for the completion of the entire project. “During an interview with a group of investors and bankers, we managed to get funding through the KZN Growth Fund. We met with Tebogo Mogapi, a businessman from Gauteng, to complete our B-BBEE partnership. He saw potential in our proposal and, together with a group of his business colleagues, he got involved. The rest is history and funding to the value of R64.2m was secured for the project to go ahead,” explained Rautenbach. 24 At the launch, from left: Gary Liebenberg, Hamish Erskine, Dudu Hlatshwayo, Cllr Zandile Gumede, Sihle Zikalala, Siphile Buthelezi, Cllr SS Gumede, Dr Bridgette Gasa, Aubery Shabane, and Phumzile Phike. www.coldlinkafrica.co.za COLD LINK AFRICA • November | December 2017