New project success in further development of international business
* Agreement with KAMPAC Oil Group of Dubai, United Arab Emirates, for production and delivery of 2 million railway sleepers for this railway project in the Republic of Ghana
* Construction of a concrete sleeper production plant in Huni Valley will create new jobs in the region
Berlin and Neumarkt, Germany, 5 December 2007 – RAIL.ONE GmbH, internationally successful manufacturer of concrete railway sleepers, and systems provider for railway track, today signed an agreement with KAMPAC Oil Group of Dubai, United Arab Emirates, for production and delivery of approximately 2 million concrete sleepers for the Republic of Ghana. The order is for more than €85 million. The signature ceremony took place in the presence of the Ambassador of the Republic of Ghana to Germany, Mr. Grant Ohemeng Kesse, in the Bavarian Representation in Berlin.
Construction of a production plant in Huni Valley, in Ghana
The railway sleepers will be installed for expansion and new construction of the 700-kilometre Western and Central Railway Line in the West Afri-can country of Ghana. The line leads from the port city of Takoradi on the southern coast of the country, northward to the border with Burkina Faso. RAIL.ONE Group will construct a sleeper production plant in-country, in Huni Valley, Ghana, with an investment volume of €7 million. The plant, with construction scheduled to begin in mid-2008, will feature the most advanced in production and plant-facilities technology, and will create 130 new jobs in the region. It is planned to produce approx. 400,000 concrete sleepers annually in this plant. In the construction of such plants, RAIL.ONE draws on its long years of experience in such business. The company is the only provider of industrial systems and solutions that can offer four different production processes for concrete sleepers, which can be modified in accordance with individual project requirements. The combination of plant engineering and production expertise, in addition, guarantees for the customer the required top level of quality standards.
This new project is the first contract for RAIL.ONE Group in Africa, and signifies its entry into a further international market. Through the cultivation of a long-term partnership with KAMPAC Oil Group, this process promises attractive opportunities for further development of business. For Richard Ziegler, Managing Director (CEO) of RAIL.ONE GmbH, this contract is further verification of the high level of competency of the company in concrete-sleeper technology. Ziegler said, “At the same time, we will also support local added-value through integration into the regional industry and the creation of new jobs.”
Only a few weeks earlier, RAIL.ONE Group signed a joint-venture agreement for delivery of approx. 850,000 main-track sleepers, as well as 35,000 linear metres of turnout sleepers for a major rail-infrastructure project in Saudi Arabia.
from left to right: Jürgen Weithas (Bavarian Ministry of Economic Affairs, Infrastructure, Transport and Technology), Grant Ohemeng Kesse (The Ambassador of Ghana in the Federal Republic of Germany), Charles Ampofo (Chairman, KAMPAC Oil Group), Richard Ziegler (Managing Director (CEO), RAIL.ONE GmbH), Frank Scholz (Managing Director (CEO), RAIL.ONE International GmbH) and Knut Brünjes (Federal Ministry for Economics and Technology)
About the PCM RAIL.ONE Group
The PCM RAIL.ONE Group has been manufacturing concrete sleepers and track systems for urban transit and long-distance rail transportation for over 60 years. The technology leader also offers its expertise in the fields of engineering and plant construction. Its customer-driven innovations fulfill the highest quality standards and are installed around the world
The PCM RAIL.ONE Group is comprised of several companies and eleven production facilities with a presence in Germany, Romania, Saudi Arabia, Spain, South Korea, Hungary, Turkey, the United States, and India. It maintains annual capacities of over 5 million track sleepers and 750,000 linear meters of turnout sleepers.