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Prasa to decide on BEE bidders, BUSINESS DAY

Prasa to decide on BEE bidders, BUSINESS DAY, Page 2

CAPE TOWN — The winning bidders for the 30% black economic empowerment (BEE) slice of the R51bn deal by the Passenger Rail Agency of SA's (Prasa) to acquire new commuter trains will be presented to the company's board for a decision today, CEO Lucky Montana said yesterday. The board will also consider the entire contract with Gibela Rail Transportation consortium. Gibela was selected as the preferred bidder for the design, manufacture and maintenance of the new fleet of 3,600 coaches which will be delivered over the next 10 years. French transport group Alstom and local engineering firm Actom make up the Gibela consortium. Transport Minister Dipuo Peters is expected to announce the successful broad-based BEE participants in the deal tomorrow.

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