Grain hopper wagon leasing deal to benefit Mozambique, Malawi and South Africa

GPR Leasing Africa (GPR), a joint venture between Grindrod Freight Services and the Pembani Remgro Infrastructure Fund, will deliver the first grain hopper wagons to Corredor De Desenvolvimento Do Norte (CDN), in Mozambique, this month. The followed after the parties signed a five-year agreement for the lease of 100 grain hopper wagons to CDN in October 2015. CDN operated on the Nacala corridor, which comprised the Port of Nacala in Mozambique, the Northern Railway network in Mozambique and the railway system in Malawi.