Wabtec Corp. (NYSE: WAB) announced a services agreement valued at more than $700 million for the TransGuinean Railway, part of the Simandou iron ore project in Guinea. The contract marks the company’s largest services deal on the African continent.
The TransGuinean Railway spans more than 600 kilometers, linking the Simandou mine to the Port of Morebaya. The corridor transports iron ore, passengers, and other goods. Under the agreement, Wabtec will provide scheduled and unscheduled maintenance, parts and components overhauls, parts management, logistics support, training, and remote diagnostics for CTG’s fleet of ES43AC locomotives powered by 4,500-horsepower Evolution Series engines. The contract also includes a localization component covering workforce development, skills training, technology transfer, and partnerships with Guinean businesses.
Taken together with locomotive orders secured in 2024, total commitments to the Simandou project now exceed $1.2 billion.
Sameer Gaur, president of global freight services at Wabtec, called the Simandou project “a transformative opportunity for Guinea.” He said the agreement is designed to maximize locomotive availability, efficiency, and reliability while supporting local-capability development through training and business partnerships.
Mamoudou Nagnalen Barry, chairman of La Compagnie du TransGuinéen, described the TransGuinean Railway as one of Africa’s most significant rail infrastructure projects. He emphasized that successful operation requires world-class technology and support alongside a clear commitment to localization and technology transfer.
Wabtec, headquartered in Pittsburgh, is a major supplier of rail equipment and services.
