Harman Patil (Editor)

Comazar

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Joint Stock

Products
  
Railway operation

Number of employees
  
~

Industry
  
Railways

Revenue
  
~

Founded
  
1995

Comazar httpsuploadwikimediaorgwikipediaen882COM

Key people
  
Eric PeifferPatrick Claes

Headquarters
  
Johannesburg, South Africa

Motto
  
The Private Pan-African Railway Operator

Comazar is a company that operates railways in Africa. Its stock is majority owned by the French investment group Bolloré. Comazar was founded by Eric Peiffer and Patrick Claes in conjunction with Transnet (Spoornet) and Transurb Consult (a Belgian Railways subsidiary) in 1995.

Contents

The headquarters are in Johannesburg.

Comazar owns stock in and operates the following privately held railways:

  • Camrail - Cameroon
  • Madarail - Madagascar
  • Sitarail Railways - Côte d'Ivoire and Burkina Faso
  • Ethiopian Railways - 25 year concession from 2006

    • Comazar is also a ten percent partner in the Rift Valley Railways Consortium.

    Previous concessions

    In addition, the company has operated railways in these countries in the past:

  • Sizarail - Democratic Republic of the Congo - The company obtained a 5-year mandate, starting in 1996, to run the country's rail. Comazar started a commuter rail service in Lubumbashi that carried 2 mm passengers per year. Ridership had more than doubled in 2 years of operation, but the government of the Democratic Republic of the Congo cancelled the company's management mandate and confiscated all assets in 1997.
  • Trans Africa Railway Corporation Tanzania Ltd (TARC) - Tanzania - the company withdrew from its participation in this project in 2002, after 4 years of work. See Tanzania Railways Corporation, currently operated by Rites Consortium of India.

    • References

    Comazar Wikipedia
    (Text) CC BY-SA


    Similar Topics