New plant planned for Dunnottar as commuter train deal closes, Engineeringnews.co.za – Engineering News
The Passenger Rail Agency of South Africa (Prasa) and Gibela Rail Transportation has achieved commercial close on the contract to supply the State-agency with 600 commuter trains (3 600 coaches) over the next ten years.
The deal will play a vital role in revitalising the ailing Metrorail passenger rail network.
The R51-billion contract to supply the trains was signed in October last year.
The deal, which included the construction of a local train manufacturing plant, came into effect on April 26. The price tag is subject to inflation and foreign exchange adjustments based on euro/rand fluctuation.