TitanCrete Readymix — Implementation Roadmap
The phased implementation roadmap, with key milestones from financial close and plant commissioning through the fleet build-out to network scale-up.
Section 14 · Business Plan
Implementation Roadmap
The phased implementation roadmap, with key milestones from financial close and plant commissioning through the fleet build-out to network scale-up.
The plan is delivered over a 60-month horizon across four phases,
from mobilisation and financial close through core build-and-launch,
regional expansion, and exit preparation. The roadmap below sets out the
critical milestones, their durations and the dependencies between them;
plant construction and commissioning sit on the critical path because
revenue cannot precede a working plant.
14.1 Phase milestones
| Phase | Focus | Window | Key outcome |
|---|---|---|---|
| Phase 0 | Mobilisation — capital raise, financial close, site acquisition and permitting. | Months 0–6 | Funded, sites secured. |
| Phase 1 | Core build & launch — plants 1–5, batching and fleet, ERP and dispatch, SANS lab, commercial launch. | Months 3–18 | Five plants operating; revenue live. |
| Phase 2 | Expansion — six additional plants, fleet scale-up to 120+ vehicles, recycling and solar retrofit. | Months 18–36 | National footprint; margin leverage. |
| Phase 3 | Regional & exit prep — SADC feasibility, cash-sweep deleveraging, exit readiness. | Months 36–60 | Deleveraged platform; exit optionality. |
Table 20. Four-phase delivery sequence; each
phase gates the next and is matched to the funding and covenant
structure.
14.2 Critical dependencies
- Financial close gates everything. Site
acquisition, permitting and equipment ordering cannot proceed at risk;
close is the first critical-path event. - Permitting precedes construction. Environmental
authorisations and land control must be secured before plant civils
begin. - Systems precede commercial launch. ERP,
telematics and dispatch go live before volume arrives, so operating
discipline is in place from the first pour. - Lab accreditation precedes framework contracts.
SANS accreditation underwrites the quality promise that wins large
clients. - Phase 1 cash-generation gates Phase 2. Expansion
finance and revolver drawdowns are sequenced against demonstrated
Phase-1 performance.
register
Every month of slippage in plant commissioning pushes revenue right
while fixed costs and interest accrue, deepening the Year-1–Year-2
losses and the sub-1.0× coverage period. Management should report
against this Gantt monthly, and lenders should consider commissioning
milestones as drawdown conditions. The R20m contingency and the Year-1
principal grace exist precisely to absorb reasonable schedule variance —
but not open-ended delay.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of TitanCrete Readymix South Africa (Pty) Ltd.