15 February 2013

Angola, GE Sign Locomotive Deal

Luanda — Angola and General Electric (GE) Thursday in Lobito, central Benguela province, signed an accord for the latter to supply locomotives and provide technical assistance to them and to the State-run Arlines (TAAG)'s aircrafts manufactured by the US company.

The deal was signed for Angola by the director of the Office of Studies, Planning and Statistics of the Transport Ministry, Teresa Muro, while the president and CEO of GE Transportation, Lorenzo Simonelli, did for his firm.

The deal becomes immediately effective and provides for the purchase of about 100 locomotives, technical assistance to them, to those needing repair and to TAAG aircraft engines manufactured by GE.

After the signing ceremony, Teresa Muro told reporters that the purchase and maintenance of the machines is important, in view of the challenges of the Lobito Development Corridor that will link Angola to the neighbouring republics of Congo (DRC) and Zambia, to facilitate the flow of minerals and other goods.

She said all Angolan railways will benefit from the just signed deal.

In his turn, Lorenzo Simonelli said the accord will last several years and its cost is still to be established.

He added that the locomotives are of the type five, much advanced, incorporate environmental needs and are adapted to the African continent.

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