Author: David Briginshaw

GE leads group in Nigeria rail bid

A consortium led by General Electric and including Transnet, South Africa, has been named preferred bidder by the government of Nigeria government for a concession to rehabilitate, finance and operate Nigerian Railways’ 2178-mile network.

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Bolivia opens concrete tie plant

Production of pre-stressed concrete ties has started at a new plant built in Bolivia by Bolivian Cement Company (Soboce) and equipped, set up and tested by Wegh Group, Italy.

Rumo obtains $US 1.1bn loan from BNDES

Brazil’s National Bank for Economic and Social Development (BNDES) has agreed to lend Reais 3.5bn ($US 1.1 billion) to rail and port operator Rumo Logistics in order to fund part of its 2015-2018 investment program.