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Gibela Rail Transport Consortium was awarded a R51 billion contract for the replacement of South Africa's outdated metro rail rolling stock. 

Gibela, the consortium led by French global engineering firm Alstom that won a tender to deliver 600 commuter train sets to the Passenger Rail Agency of SA, has started lining up almost 100 local suppliers from whom it will source more than two-thirds of the raw materials and components for the contract.

On Wednesday, a new rail company, Gibela, launched at the Mary Fitzgerald square in Johannesburg. Gibela will deliver 600 cutting edge passenger trains, comp...

Gibela has three main challenges in executing the R51-billion contract to supply the Passenger Rail Agency of South Africa with 600 new trains, says CEO Marc Granger.

Gibela¹, the South African rail company launched today, is committed to fulfilling the local content requirements for the rolling stock project commissioned by the Passenger Rail Agency of South Africa (PRASA).

12 team players on track

Gibela¹, the South African rail company being officially launched today at a series of functions in Johannesburg, will train and upskill thousands of local people in various rail industry skills as part of the government's broader vision to revitalise the country's once proud local industry.

Gibela Rail Transport Consortium RF (Pty) Ltd (Gibela)¹, the new, empowered South African rail company poised to revitalise both the country's commuter rail network and its century-old train-building capacity, launches itself to key South African stakeholders in a series of information-sharing events in Johannesburg today.

Reiterating its committment to fulfilling local content requirements during the servicing of the R51-billion rolling stock contract awarded to it by the Passenger Rail Agency of South Africa, South African rail company Gibela has preselected nearly 100 local companies as possible component and service suppliers.

Reiterating its committment to fulfilling local content requirements during the servicing of the R51-billion rolling stock contract awarded to it by the Passenger Rail Agency of South Africa, South African rail company Gibela has preselected nearly 100 local companies as possible component and service suppliers.

Watch the CNBC panel discussion, South Africa on Track: The future and challenges of rail passenger transport, to find out more about the launch of Gibela. The discussion will be broadcast at 14h00 CAT on CNBC Africa.

Gibela Transport, a joint venture 61% owned by French company Alstom, has begun manufacturing the 600 state-of-the-art passenger trains, comprising 3 600 coaches, that are set to revitalise South African rail transport while giving a major boost to the industrialisation of the economy.