Voestalpine (VAESA), a global and leading provider of railway infrastructure, has been awarded a three-year manufacturing and supply contract by Transnet Freight Rail (TFR).
VAESA, led by CEO Pulane Tshabalala-Kingston, said it is delighted to have been selected by TFR for the contract.
Tshabalala-Kingston said the collaboration is a testament to its commitment to deliver high-quality railway products and services that enhance South Africa’s rail network.
“This partnership between ourselves and TFR aligns perfectly with our mission to provide cutting-edge railway solutions that contribute to South Africa’s transportation infrastructure progress,” said Tshabalala-Kingston.
According to Tshabalala-Kingston, the significance of the contract goes well beyond VAESA, as it will drive economic growth and empower communities.
She said the award heralds a much-needed turnaround that will breathe new life into various facets of the industry including job prospects and the livelihood of downstream suppliers who provide essential components like nuts, bolts, chairs and fishplates.
According to Tshabalala-Kingston, the positive impact of the contract extends across the industry, as it revitalises not only VAESA, but also the network of companies that support its operations.
She said local production boosts the economy, especially as VAESA is the only facility of its scale in sub-Saharan Africa.
“Our Isando facility in Johannesburg stands as a testament, not only to the company’s dedication to advancing railway infrastructure and technology on the continent, but also to our commitment to local manufacture in South Africa.
“It is noteworthy that this is the first substantial turnouts contract to have been successfully awarded in the last five years.”
She further assured the company’s customers that they will have enough supply for Transnet and customers.
Tshabalala-Kingston added that the company’s facility has the capacity to comfortably meet both TFR’s demand in terms of the awarded contract, and other customers’ demands.
She said the contract benefits the manufacturing industry at large and users of the various rail corridors. It will also increase tariff revenues for Transnet, she said.
“We have gone to great lengths to ensure the security of supply for our customers, as we understand how important this is,” she added.
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