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Thursday, March 3, 2016

Nacala corridor signs $8m rolling stock deal; port tender delayed - Zitamar

Nacala corridor signs $8m rolling stock deal; port tender delayed - Zitamar: The Corredor De Desenvolvimento Do Norte (CDN), comprising Mozambique’s northern rail network, Malawi’s rail system, and the Port of Nacala, has signed a 5-year, ZAR 120 million ($7.7 million) deal to lease 100 grain wagons from GPR Leasing, a joint venture between South African logistics firm Grindrod, and the Pembani Remgro Infrastructure Fund (PRIF).

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