Economy
South Africa signs roughly $400 million deal with US rail giant Wabtec to improve trains carrying minerals and exports
South Africa’s state-owne d logistics group Transnet has signed a roughly $400 million agreement with US rail equipment company Wabtec to improve the reliability of locomotives serving the country’s freight corridors. Transnet Engineering signed a locomotive-support agreement with Wabtec on 15 October. The ten-year…
Business Insider AfricaBy Ayodeji Adegboyega
Share
Read the full story
Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Business Insider Africa.
Read at Business Insider Africa →Original headline: “South Africa signs roughly $400 million deal with US rail giant Wabtec to improve trains carrying minerals and exports”
- Local Markets