South Africa's metro areas will soon be ushered into an 'age of rail' as Gibela Rail Company revitalises the country's rail transport.
The company is set to build its 85 000m² factory in Gauteng expected to assist with job creation and contributing towards industrialisation.
“We have registered significant progress as far as our mandate is concerned. Our mandate includes localisation, skills development and employment creation,” Marc Granger, CEO of Gibela told CNBC Africa.
“The first challenge we are supposed to deal with is the environmental and impact assessment. The land where the factory will be built was previously a farmland; hence more administrative work will need to be done before we commence the construction,” he said.
Granger said progress had been made adding that construction would commence soon.
“We are now very close to getting the environmental authorisation which must be available soon. We should be in a position to start construction in about two months."
Granger said the company will also require significant electricity supply which is currently a major challenge for most energy intensive companies.
“We will need power and quite intensively due to the nature of our industry; this has been clearly pronounced to concerned stakeholders. If we suffer from load shedding, we will not be having capability to undertake our mandate,” he added.
Granger said he was positive about the company’s future prospects as it has organised itself for the attractive work base in the facility.
“The overall programme is attractive but challenging as well, it is a long-term programme and we will establish sustainable solutions to make it beneficial to the country.”