ASJV denies it terminated Mtentu project owing to alleged ‘financial inability’

Aveng and Strabag International on Thursday reasserted that the Aveng-Strabag Joint Venture (ASJV) had terminated the Mtentu river bridge contract as a result of force majeure, adding in a statement that the termination “had nothing to do with either of the ASJV members’ financial ability to perform their obligations”. Contesting allegations by Sanral that the JV may have terminated the contract owing to the financial difficulties being faced by Aveng, the JV reiterated that the ASJV had terminated the contract following civil unrest, commotion, protests and threats of harm that resulted in ASJV being denied access to the site and the ability to safely continue the execution of the project.