Trans African Concessions
Economic Infrastructure - Toll Road
Date of Investment:
IDEAS Managed Fund, South Africa Infrastructure Fund, African Infrastructure Investment Fund, Mozambique Government, Kagiso Infrastructure Empowerment Fund, Futuregrowth Pooled Funds, Metropolitan Life, SCMB
Trans African Concessions (Pty) Ltd (TRAC) is the holder of a 30-year concession to operate a toll road on the N4 between Witbank in South Africa and Maputo harbour in Mozambique. It covers a total distance of 584 km of which 491 km is in South Africa and 93 km in Mozambique. The road plays a crucial part in stimulating economic growth for both countries and is part of a greater developmental initiative for the region known as the Maputo Development Corridor Initiative.
The N4 operates six toll plazas along its route and, since its construction, facilitates the stimulation of trade and investment across the region, providing access to global trade and markets through the port of Maputo.