South Africa $18 Billion Rail Plan Lifts Mining Exports

Posted on April 5, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

The Shongololo is part of a 201 billion-rand ($18.8 billion) rail overhaul and expansion plan aimed at boosting exports of coal, manganese and other commodities from Africa’s biggest economy. It’s being rolled out by Transnet SOC Ltd., the state-owned ports and rail operator, tapping the expertise of GE, Bombardier Inc., CSR Zhuzhou Electric Locomotives Co. and China CNR Corp. to manufacture the locomotives locally and increase freight capacity.