Traction & Rolling Stock

Transnet finalises locomotive financing deals

By 2015-03-02T12:29:00

Bombardier Traxx Africa electric locomotive.

SOUTH AFRICA: On March 2 national freight operator Transnet issued an update on the contracts for the supply of 1 064 locomotives which it awarded in March 2014, and announced financing packages worth R13bn for the locos to be supplied by GE and Bombardier.

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