PROJECT COST AND FINANCE MANAGEMENT

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Your company have been approached by a logistics company to provide a quick feasibility estimate of a new warehouse along the R21 near OR Tambo Airport.

A recently newly (Jan2021) completed warehouse in the same vicinity with an area of 3500m2 and 4.8m high walls was built for R92m. The new facility has an area of 4500m2 with walls of 5.9m high. The cost index for South Africa in Jan 2021 was 150 and now 157 in Jun 2022.

Question .4.d [3]

In 2021 the Exchange rate was R15/US$ and in 2022 R16.26/US$. 50% of the Warehouse costs are imported from RSA and 50% is local from Namibia. For Namibia one Namibian Dollar (NAD) was 0.06667$ in 2021 and now 16.96NAD/$. Calculate the cost of the facility in Windhoek in NAD in 2022.

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