Alstom announced Passenger Rail Agency of South Africa (PRASA) and Gibela have concluded the financial close of the contract signed Oct. 14, 2013 for the supply of 600 X’Ttrapolis Mega commuter trains (3,600 cars) over a period of 10 years.
The contract includes the construction of a local manufacturing facility in Dunnottar, 50 km east of Johannesburg. In addition, Gibela will provide technical support and supply of spare parts over an 18-year period. The overall value of this contract is worth € 4bn.
This project is one of the biggest in rail transport worldwide and is the largest contract ever signed in Alstom’s history.