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| South Africa signs 1,000-train deal to boost network | South Africa signs 1,000-train deal to boost network |
| (about 20 hours later) | |
| South Africa's ageing freight rail network is to get 1,000 new trains in a 50bn-rand (£2.8bn; $4.7bn) investment. | South Africa's ageing freight rail network is to get 1,000 new trains in a 50bn-rand (£2.8bn; $4.7bn) investment. |
| The trains will be run by Transnet, South Africa's state-owned freight transport company. | The trains will be run by Transnet, South Africa's state-owned freight transport company. |
| Transnet chief executive Brian Molefe said the deal would "transform the South African rail industry by growing existing small businesses and creating new ones". | Transnet chief executive Brian Molefe said the deal would "transform the South African rail industry by growing existing small businesses and creating new ones". |
| "We are going to create and preserve approximately 30,000 jobs," he said. | "We are going to create and preserve approximately 30,000 jobs," he said. |
| Nearly all the trains will be built in South Africa in Pretoria and Durban. | Nearly all the trains will be built in South Africa in Pretoria and Durban. |
| After decades of underinvestment, South Africa is scrambling to modernise its rail network and shift transport from road to rail. | After decades of underinvestment, South Africa is scrambling to modernise its rail network and shift transport from road to rail. |
| The trains will be mainly used for freight transport, servicing the country's ports, which take some 96% of its exports. | The trains will be mainly used for freight transport, servicing the country's ports, which take some 96% of its exports. |
| It is the country's single biggest corporate infrastructure investment. | It is the country's single biggest corporate infrastructure investment. |
| In all, 599 electric locomotives will be made by CSR Zhuzhou Electric and Bombardier Transportation. | In all, 599 electric locomotives will be made by CSR Zhuzhou Electric and Bombardier Transportation. |
| General Electric and CNR Rolling Stock will build and supply 465 diesel locomotives. | General Electric and CNR Rolling Stock will build and supply 465 diesel locomotives. |
| Port investment | Port investment |
| Transnet owns and manages about 12,400 miles of rail lines. The project is part of its 300bn-rand Market Demand Strategy to improve the country's rail, port and pipeline infrastructure over seven years. | Transnet owns and manages about 12,400 miles of rail lines. The project is part of its 300bn-rand Market Demand Strategy to improve the country's rail, port and pipeline infrastructure over seven years. |
| Mr Molefe said: "One-third of the 300bn, which is about $100bn, will go towards our ports. | |
| "We have already started buying new equipment for the ports. We have bought cranes for Durban, for Cape Topwn, for the port of Ngqura and Port Elizabeth. | "We have already started buying new equipment for the ports. We have bought cranes for Durban, for Cape Topwn, for the port of Ngqura and Port Elizabeth. |
| "We are deepening the ports and we have a programme to improve not just the rail, but the ports and the pipelines as well." | "We are deepening the ports and we have a programme to improve not just the rail, but the ports and the pipelines as well." |