Business

Traxport, Vecturis sign agreement to transform Nigeria’s rail transport

Kindly like and share

Vecturis, a Belgian rail operations and management company, has signed a Technical Support and Investment Agreement (TSIA) with Nigeria’s Traxport Rail Services Ltd.

The agreement marks a key step in Vecturis’ commitment to supporting modern, efficient, and sustainable rail freight operations in West Africa.

Through the partnership, Vecturis will provide technical expertise and investment to help Traxport advance its goal of transforming Nigeria’s freight rail sector and achieving long-term operational excellence.

Emeka Ndu, Chairman of Traxport Rail Services, said: “This partnership marks a turning point for Traxport Rail Services. Vecturis’ wealth of experience in similar markets will enable us to leapfrog operational challenges and fast-track the delivery of modern, sustainable freight rail solutions for Nigeria.

“Together, we are not just moving goods, we are helping reshape Nigeria’s transport future in a cleaner, safer, and more efficient way, with LNG-powered locomotives that will also be moving LNG and CNG products across the country.”

Chief Executive Officer, Vecturis, Eric Peiffer, stated: “We are delighted to formalise our collaboration with Traxport Rail Services.”

Nigeria has one of the most promising rail freight markets in Africa, and our previous engagement in the sector has given us a clear understanding of its opportunities and challenges.

“By combining our technical expertise with Traxport’s vision and local drive, we believe we can deliver a step-change in performance, reliability, and sustainability for Nigerian freight rail.”

The collaboration aligns with Traxport’s commitment to reducing road congestion, cutting carbon emissions, and unlocking economic opportunities by modernising Nigeria’s freight rail infrastructure and introducing LNG-powered locomotives to move LNG and CNG products safely and efficiently.

Vecturis, headquartered in Belgium, brings over three decades of proven expertise in operating and rehabilitating rail networks in challenging and fast-growing markets across Africa, the Middle East, and Asia.

Their portfolio includes successful projects in the Democratic Republic of Congo, Mozambique, Cameroon, and Madagascar, where they have implemented modern operating systems, improved service reliability, and introduced advanced locomotive and wagon technologies adapted to local environments.


Discover more from starmich blog

Subscribe to get the latest posts sent to your email.

starmich

Michael Tanyare Professionally known as Starmich is a talented and accomplished individual with a passion for excellence. With a strong background in writing, Michael has established himself as a respected professional in the blogging industry. Beyond his professional endeavors, Michael is known for his diverse range of interests. He is an avid online journalist, which further showcases his well-rounded personality and passion for exploring new horizons. Michael's commitment to continuous growth and learning is evident in his pursuit of excellence. This drive allows him to stay at the forefront of emerging trends and maintain a competitive edge in his field. With a warm and approachable demeanor, Michael is highly regarded for his strong communication skills and ability to connect with others. He thrives in collaborative environments and enjoys building meaningful relationships with colleagues and clients alike. In his free time, Michael enjoys surfing the internet. This balance between his professional and personal life reflects his belief in leading a fulfilling and well-rounded lifestyle. With a proven track record of success and a genuine passion for his work, Michael Tanyare continues to make a significant impact in his field. His dedication, expertise, and personable nature make him a valuable asset to any project or team."

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Discover more from starmich blog

Subscribe now to keep reading and get access to the full archive.

Continue reading