Madarail
 | |
| Company type | Joint stock |
|---|---|
| Industry | Rail transport |
| Founded | 1999? [citation needed] |
| Headquarters | Antananarivo |
Key people | Patrick Claes, Managing Director Patrick Stevenaert, General Manager Théodore Rasolonjatovo, Operations Manager Eric Pfeiffer, Chairman of the Board |
| Products | Train transport service Infrastructure construction |
Number of employees | ~ 850 |
| Website | http://www.madarail.mg |
| Overview | |
|---|---|
| Headquarters | Antananarivo |
| Locale | Madagascar |
| Dates of operation | 2003–present |
| Technical | |
| Track gauge | 1,000 mm (3 ft 3+3⁄8 in) |
The government of Madagascar has granted Madarail a 25 year concession to operate the northern of the two national rail lines. The company is investing heavily in Madagascar's rail system. Operations began in 2003 with one locomotive; 7 more locomotives have been purchased from the Portuguese Comboios de Portugal, the CP Class 9020.
Overview
The ownership of the company's stock is as follows:
- Madarail itself: 51.0%
- Manohisoa Financière: 12.5%
- First Immo: 9.0%
- Financière Aro: 2.5%
- State of Madagascar: 25.0%
The company has begun a 5-year 37.5 million punds investment program for developing the rail infrastructure in Madagascar. The funding has been obtained as follows:
- World Bank and the Madagascar government: Euro 25.7 million loan
- European Investment Bank: Euro 11 million loan
- BFV-Société Générale: 950 millions Francs Malagasy.
The agenda of the 5-year plan includes:
- Thorough rebuilding of the rail complex in Antananarivo
- Refurbishment of Gare de Soarano, the main passenger station in Antananarivo
- Refurbishment of Gare Tamatave Manguiers, the main passenger station in Toamasina
- Construction of a container terminal in Antananarivo.
Further projects include a partnership with Logistique Pétrolière to enable the transportation of petroleum products between 24 Madagascar depots. And according to the company's website at Comazar, new mining projects are being planned by American, Australian and Canadian companies due to the refurbishment of the country's rail system.
McML Systems Pvt. Ltd., an Indian-based multinational company, has executed level crossing protection dystem for nine level crossings for Madarail.
Gallery
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Train waiting at Andasibe station -
Soarano train station in Antananarivo -
Railroad bridge in Madagascar
Timeline
2008
- 4 new locomotives ordered
See also
External links
References
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