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Tunisia’s SNCFT Secures A $US73 Million Loan For New Rolling Stock

The Tunisian National Railway Company (SNCFT)
The Tunisian National Railway Company (SNCFT)

The Moroccan Attijari Bank has signed a TND167 million ($US73 million) loan agreement with the Tunisian Société Nationale des Chemins de Fer Tunisiens (SNCF) for the acquisition of 20 locomotives from American OEM, Electro-Motive Diesel (EMD).

The rolling stock procurement project is a part of an extensive programme for the renewal of the railway operator’s fleet to improve SNCFT’s capacity to transport phosphate, among other commodities.

The 20 ultra-modern locomotives will support the country’s mining sector and will reduce the cost of transportation across the region. The new rolling stock will significantly increase heavy haul freight capacity. The new locomotives will aid in moving phosphate at higher speeds than the current 70 to 100km/h presently possible and will, therefore, remove the need to transport these loads by road.

The fleet renewal project is a part of SNCFT’s five-year development plan aimed at improving railway infrastructure in Tunisia, which started in 2016. 

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