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Alstom SA Receives $5.8 Billion South African Train Deal-Reuters


Wednesday, 5 Dec 2012 10:07am EST 

Reuters reported that Alstom SA has won a $5.8 billion contract to supply passenger trains to South Africa. Under the ten-year programme, Alstom will build 3,600 new train cars to help overhaul South Africa's outdated rail network. The contract will also create around 33,000 jobs, with Alstom required to build a manufacturing plant in South Africa. The first batch of trains is expected to be delivered in mid-2015. 

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