Plant Equipment and Hire August 2019 | Page 32

PROFILE expertise in such as property, industrial, healthcare and in everything we do, we consult with clients on building for sustainability of their projects. We are also not trying to buy or directly compete with our domestic counterparts for project work in African markets. Although the African market is fragmented, with smaller similar professional services firms, we find that the first-tier domestic providers are well established, but that even the second and third tier providers are fully- fledged and can deliver a great deal of the work required on many projects. However, where the second and third tier providers can benefit most is from access to sectorial and internationally recognised expertise. WSP continues to work with strong performers, and in most countries across Africa, sharing opportunities. And, to ensure we do not dilute our offering, we have spent considerable time developing local partner relationships that are mutually complimentary and therefore sustainable. We remain very respectful of our partner relationships and don’t feel that we need to ‘own’ the process or the bulk of the work on projects. Rather, we are more focused on where we can support our local partners by offering them access to critical and expert skills to service projects as they need and particularly if there is an expectation for a project to comply with international best practices, standards and regulations. We also place significant dedication on driving increased opportunities for collaboration and sharing knowledge and technology, wherever possible, to assist in broadening the knowledge and capacity of our partners. Our optimism about Africa’s future combined with in-depth understanding of domestic markets ensures our partners and clients always receive innovative solutions from passionate people. And, through our excellent local technical expertise and access to world-class global capability, we are able to anticipate trends and offer innovative ideas and solutions to tackle complex problems and advance delivery of infrastructure projects that will shape the communities of tomorrow and help societies in Africa to thrive sustainably. References 1. World Bank: https://www.worldbank.org/en/region/afr/overview 2. Future Agenda: https://www.futureagenda.org/insight/africa-growth 3. United Nations, ‘Drivers of Migration and Urbanization in Africa’ report, 2017. 30 AUGUST 2019 Joint regional infrastructure planning also offers great opportunity to bring more infrastructure projects to ground in economically sound means, and also promotes beneficiation and enhanced social development.” ABOUT THE AUTHOR Mathieu du Plooy is managing director of WSP Africa, one of the world's leading engineering professional services consulting firms. WSP brings together about 48 000 talented, technical experts globally, who design comprehensive and sustainable solutions and engineer projects to help societies grow for lifetimes to come. the past as international governments, funding institutions and private businesses alike increasingly look for opportunities across African markets to partner and invest for mutually beneficial growth. One challenge that many African states and industries face when trying to secure funding is ‘how do we make projects bankable?’ The reality is that with slower economic growth, sovereign budgets are often strained even further. States, however, can look to unbundle key sectors and open markets up for donor and private investor funding. Public-private partnerships, for example, have proven to be very successful in a number of African markets. And, if the procurement contracts are properly structured, this offers immense opportunities to shift the balance between state versus investor priorities. Joint regional infrastructure planning also offers great opportunity to bring more infrastructure projects to ground in economically sound means, and also promotes beneficiation and enhanced social development. But getting this right requires leaders with the will to provide facilitation – and trust that the long-term gains of such programmes and projects will benefit all stakeholders. With more than 50 years of experience where we have worked in most countries across Africa, we have an important role to play in the delivery of much- needed infrastructure projects. Our purpose of preparing our communities and environment for the future is underpinned by how we see ourselves as a link between providing support for the effective delivery of these aspirations, policies and projects. As a global professional services firm, we focus on our African growth strategy around key sectors rather than geographies. There is significant investment and development focus on primary, secondary and social infrastructure projects which are largely driven by resource industries and consumerisation. To support this, we continue to build on our business strengths in key sectors, including marine, energy and environment, power, mining, transport and infrastructure. We also look for opportunities to support projects in other areas that we have deep-seated Mathieu du Plooy, managing director of WSP in Africa. www.equipmentandhire.co.za