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PRASA, Gibela Sign $5.1 bn Passenger Rail Order

Passenger Rail Agency of South Africa and Gibela, a south African transport company 61 percent owned by Alstom, said on Monday they have signed a $5.1 billion (R51 billion) joint venture contract for Gibela to supply 600 passenger trains, including the construction of a local manufacturing facility, to be delivered to PRASA between 2015 and 2025.

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