{"id":3463,"date":"2012-12-06T08:20:32","date_gmt":"2012-12-06T08:20:32","guid":{"rendered":"http:\/\/praag.org\/?p=3463"},"modified":"2012-12-06T08:20:32","modified_gmt":"2012-12-06T08:20:32","slug":"alstom-gets-58-billion-south-african-rail-tender","status":"publish","type":"post","link":"https:\/\/praag.org\/?p=3463","title":{"rendered":"Alstom gets $5,8 billion South African rail tender"},"content":{"rendered":"
\"\"<\/a>
Alstom's new AGV 600<\/figcaption><\/figure>\n

The South African government on Wednesday announced a consortium led by Alstom had won a $5,8 billion tender to overhaul the country’s passenger railways.<\/p>\n

Transport Minister Ben Martins announced that a group led by the France-based firm would build 3 600 vehicles over a 10-year period from 2015 to 2025.<\/p>\n

The deal includes heavy black empowerment rules, more or less prohibiting whites from supplying local goods or services to the project.<\/p>\n

Alstom is partnered in the rail consortium with Actom, a South African black empowerment company that manufactures electro-mechanical equipment.<\/p>\n

Only black empowerment entities will be allowed to become subcontractors, including entities owned by black women.<\/p>\n

Other bidders included China North Rail and China South Rail, Spain\u2019s CAF, and Bombardier of Canada.<\/p>\n

The contract is the first phase of a planned R123bn 20-year programme to upgrade South Africa\u2019s ageing fleet and network, and meet passenger demand in Africa\u2019s largest economy.<\/p>\n

\u201cWe\u2019re not just buying trains, we are creating jobs and we are also revitalising our rail engineering industry,\u201d said Lucky Montana, chief executive of the state-run Passenger Rail Agency of South Africa.<\/p>\n

\u201cThis is much more than a train purchase. We are reviving our rail engineering sector, contributing to skills development and job creation amongst other bigger objectives,\u201d said Ben Martins, the South African transport minister.<\/p>\n

The South African government plans to spend R844.5bn on infrastructure in the next three years, and about R3.6tn over a 20-year period.<\/p>\n

Alstom is a large French multinational conglomerate which holds interests in the power generation and transport markets. According to the company website, in the years 2010-2011 Alstom had annual sales of over \u20ac20,9 billion, and employed more than 85 000 people in 70 countries. Alstom’s headquarters are located in Levallois-Perret, west of Paris. Its current CEO is Patrick Kron.<\/p>\n","protected":false},"excerpt":{"rendered":"

The South African government on Wednesday announced a consortium led by Alstom had won a $5,8 billion tender to overhaul the country’s passenger railways. Transport Minister Ben Martins announced that a group led by the France-based firm would build 3 600 vehicles over a 10-year period from 2015 to 2025. The deal includes heavy black … Continue reading “Alstom gets $5,8 billion South African rail tender”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":3464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2270,2272,2273,2271],"class_list":["post-3463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-alstom","tag-ben-martins","tag-gibela","tag-south-african-rail-tender"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"https:\/\/praag.org\/wp-content\/uploads\/2012\/12\/Alstom_AGV_600a.jpg","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/3463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3463"}],"version-history":[{"count":2,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/3463\/revisions"}],"predecessor-version":[{"id":3466,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/3463\/revisions\/3466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/media\/3464"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}