Apr 02, 2019: Transmashholding (TMH) Africa, a railway engineering company, unveiled its 45,000 square metre rolling stock manufacturing and service plant in Boksburg in the East Rand of Gauteng province of South Africa, which it acquired from DCD Group last year as part of its R500 million investment in Africa.
The rolling stock manufacturing facility will become Africa's gateway production site, which will enable the assembly, maintenance, and refurbishment of rolling stock.
The facility is part of the R40 billion investment that the Gauteng government mentions that a number of companies have committed to collectively invest in various corridors in the province.
It will manufacture, assemble and service locomotives and other rolling stock for the continent and will further contribute to skills and small and medium enterprises development in the rail manufacturing and services.
TMH Africa is a subsidiary of Transmashholding, the largest manufacturer of rolling stock in Russia. It is 30 percent owned by Mjisa Investments.