New Locomotives To Be Rolled Out in July.
Brian Molefe, CEO of Transnet, South Africa’s freight and logistics group announced today that they will roll out new locomotives in July after General Electric completed their technical design. This acquisition program will form the biggest rail recapitalisation programme in South Africa’s history with more than of 1300 locomotives being acquired. The Locomotives will be built in Durban and Pretoria. This is great news for employment, job creation, skills transfer and small business promotion in Durban.
Transnet has awarded GE, Bombardier and two Chinese firms a 50 billion rand ($4.3 billion) contract last year to build 1 064 locomotives to replace its ageing fleet and speed up the delivery of goods to the port.
This programme is critical in the pursuit by Transnet of migrating rail-friendly cargo off our roads. It will mean fewer trucks on our roads.
According to the statement by Transnet :
– Bombardier Transportation and China South Rail Zhuzhou Electric Locomotive contracts are to build 599 electric locomotives and;
– General Electric Technologies and China North Rail Rolling Stock are to build 465 diesel locomotives.
Molefe said Transnet had raised 13 billion rands with financial institutions in Canada, the Unites States and South Africa to fund the GE and Bombardier portion of the deal.
The progress made to date is that;
– GE is 100% complete with the technical design and their first locomotives will be rolled out in July. The locomotives will be built at our facilities in Koedoespoort, Pretoria.
– Bombardier is 100% complete with the technical design of the locomotive. These locomotives will be built at our facilities in Durban.
– China South Railways completed the technical design of the locomotives. The first prototype will roll off the production line at the end of March. The locomotives will be built in Koedoespoort, Pretoria.
– CNR is 90% complete with the technical design on the locomotives. These locomotives will be built at our facilities in Durban.
The goal of the Transnet supplier development programme is to localise the production of imported machinery and equipment. Amongst others, this includes;
– Investment in plants
– Technology transfer
– Downstream supplier benefit
– Skills development
– Job creation and;
– Small business promotion
Transnet is investing $29.5 billion into its infrastructure program by 2019 to expand the railways, ports and pipelines that move commodities for export from Africa’s most advanced economy.
The company transports coal, iron ore and other commodities from companies such as Sasol, BHP Billiton and Exxaro.