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Infos Business of Thursday, 26 June 2014

Source: businessincameroon.com

India,China firms deliver 75 railcars to Cameroon

On June 24, 2014 in Cameroon’s economic capital, Cameroon Railways (Camrail) announced in a press release that the rail service concession holder has officially ordered 25 tank cars manufactured by the Indian company Texmaco which specialises in railway material construction.

With a pricetag of 1.6 billion FCfa for the Bolloré Logistics subsidiary, the new tank cars “are equipped with cutting-edge technology and align safety and environmental protection.”

The new tank cars, which have a per-unit capacity of 55 m3, will enable the improvement of Camrail transport capacities as the company “serves, through its railway network, the SCDP (Société camerounaise des dépôts pétroliers or Cameroonian Oil Depot Company) in Yaoundé, Bélabo and Ngaoundéré,” indicated the company.

In addition, the Cameroonian rail transporter ordered on the same June 24, 50 new platform cars built by the Chinese manufacturer, CSR. These new acquisitions are intended to “to strengthen the container transportation capacities of the Douala-Bangui et Douala-N’Djamena.” The total cost of this latest investment is 2.6 billion FCfa.