With the current market trends and a possible downgrade looming, the South African economy has been taking a beating and investors have been precarious of investing in SA. On Thursday, 27 October 2016, MTU SA, one of the largest Rail engine manufactures in Africa will unveil its new multi-million rand facility and the new engines to Transnet and the South African rail industry.
As a direct result of this investment, MTU SA now boast with the highest powered Dyno and work bench in Africa and local staff that are highly skilled, trained and tuned to German standards. An investment of more than R50 million was made in the facility upgrade alone and staff were sent to Germany to be up-skilled, equipping them to put these engines together in our own backyard. This good news story is one of the highlights of the year, as a local company (Montague Gardens, Cape Town) is investing millions in infrastructure and its people.
We will have a launch event and would like to invite you and your team to meet MTU SA management and its skilled team as they unveil the new Series 4000 Locomotive engines which were engineered after MTU SA entered into a contract with China Rolling Stock and Rail Corporation North Rail (CRRC).