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2024 Update coming soon Published- June 2023 Number Of Pages -89
Rolling stock is recognised as one of the most affordable modes of transportation for commuters as well as for long-distance delivery of large or bulky objects. Additionally, it offers a higher carrying capacity than conventional forms of transportation and is straightforward to adjust to the particular needs of the user.
Due to rail networks being damaged during Covid-19 lockdowns, South Africa is having issues with its rolling stock. The lack of locomotives and rolling stock also prohibits the South African rail system from being used to its full potential.
Although state-owned companies have begun opening up its rail network to private operators, there are still difficulties.
The ability of South Africa to provide private operators with cutting-edge, bespoke locomotives and spare parts gives the nation the chance to make the most of its rolling assets. One of the most cheap means of transportation for commuters and long-distance delivery of heavy or large items is rolling stock.
It is also simple to modify to the specific demands of the user and offers a higher carrying capacity than traditional modes of transportation.South Africa is experiencing problems with its train stock as a result of the rail networks being harmed during Covid-19 lockdowns.
Another obstacle to the South African rail system’s full use is the lack of locomotives and train stock. Even while state-owned businesses have started to let private operators use their train network, there are still issues. South Africa has the opportunity to maximize the use of its rolling assets to its capacity to offer private operators modern, custom locomotives and spare parts.
The South Africa Rolling Stock Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Passenger Rail Agency of South Africa (PRASA) has awarded a contract to the Alstom-led joint venture Gibela to supply 600 X’Trapolis Mega passenger trains (3,600 coaches) over a ten-year period. This is one of Alstom’s largest rail projects. A local manufacturing facility will also be built, along with technical support and an 18-year supply of spare parts.
The recapitalization effort has been started by DCD Rolling Stock, a branch of the global manufacturing and engineering firm DCD Group with headquarters in Johannesburg. The investment comes at a time when local procurement in the rail industry is being urged, and South Africa is purchasing new locomotives and passenger trains through state-run Transnet and the Passenger Rail Agency of South Africa (Prasa).
The railway sector in South Africa and the rest of the continent appears to be poised for substantial expansion despite years of decline. For this reason, it’s critical that DCD Rolling Stock invest in its infrastructure and workforce in advance.
Gibela, a joint venture run by Alstom, has been given a contract by the Passenger Rail Agency of South Africa (PRASA) to provide 600 X’Trapolis Mega passenger trains (3,600 coaches) over a ten-year period. One of Alstom’s biggest rail projects is this one. In addition, a local manufacturing plant will be constructed, offering technical assistance and an 18-year supply of replacement parts.
DCD Rolling Stock, a division of the international manufacturing and engineering company DCD Group with headquarters in Johannesburg, has launched the recapitalization initiative.
The investment comes at a time when South Africa is buying new locomotives and passenger trains through the state-run Transnet and the Passenger Rail Agency of South Africa at a time when local procurement in the rail industry is being encouraged (Prasa).
Despite years of stagnation, the railway industry in South Africa and the rest of the continent seems to be positioned for significant expansion. DCD Rolling Stock must therefore make early investments in both its staff and infrastructure.
