Madarail

MADARAIL
Joint stock
Industry Rail transport
Founded 1999?
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
Madarail
Locale Madagascar
Dates of operation 2003–present
Track gauge 1,000 mm (3 ft 3 3⁄8 in)
Headquarters Antananarivo

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 pounds investment program for developing the rail infrastructure in Madagascar. The funding has been obtained as follows:

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 system for nine level crossings for Madarail.

Timeline

2008

  • 4 new locomotives ordered

See also

References


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