GPR Leasing Africa (GPR) has concluded a five-year lease of 100 grain hopper wagons to Corredor De Desenvolvimento Do Norte (CDN) in Mozambique. The first wagons will be delivered in March 2016. All 100 wagons are expected to be delivered before the end of Q4, 2016.
CDN operates a part of the Nacala Corridor, which consists of the Port of Nacala in Mozambique, the Northern Railway network of Mozambique, and the railway system of Malawi (CEAR).
The wagons will be manufactured by and purchased from Galison Manufacturing from Welkom in South Africa. Galison has been manufacturing new and / or repairing existing rail freight wagons and other rolling stock for the past two decades with a comprehensive service offering and its own innovative designs.
“The deal is GPR’s first innovative wagon lease in Africa and that the freight wagon lease pipeline is substantial, so many additional deals, all over Africa, will follow shortly. The agreement with CDN was signed in mid-October 2015 and the first wagons will be delivered in March 2016. All 100 wagons are expected to be delivered before the end of Q4, 2016. We are also exploring further opportunities in the locomotive and wagon space with CDN,” Willem Goosen, GPR’s Commercial Executive said.
The Galison-designed wagons also incorporate the latest safety technology and will be more environmentally friendly to operate than older, heavier wagons.
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