Sunday, December 30, 2012

South Africa Signs $5B Deal for Alstom SA Trains | Essentials

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South Africa Signs $5B Deal for Alstom SA Trains

Sign @ District 6 Museum, South Africa
Sign @ District 6 Museum, South Africa by timparkinson
License (according to Flickr): Attribution License
Excerpt:

South Africa agreed upon a $5. 8 billion deal Wednesday with French company Alstom SA to completely refurbish the nation's passenger trains, part of a 20-year plan to overhaul the rail system of Africa's biggest economy. The Passenger Rail Agency of South Africa accepted Alstom's bid over other companies including Bombardier Inc. , Switzerland's Stadler Rail AG, a Spanish firm and Chinese companies. The deal includes Alstom, partnered with a local company, building some 3,600 passenger coaches for the rail agency. Officials with Alstom in Paris could not be immediately reached for comment Wednesday. Currently, the rail agency has some 4,600 coaches operating across the country — with much of it more than three decades old.

People:

Dikobe Ben Martins

Overall Sentiment: 0.279106

Relevance: 0.347622

SentimentQuote
0.0990742"This process is much more than a train purchase, we are reviving our rail engineering sector, contributing to skills development and job creation amongst other bigger objectives," Martins said ...
0.087479"This process is much more than a train purchase, we are reviving our rail engineering sector, contributing to skills development and job creation amongst other bigger objectives," Martins said in a statement. "A long journey still lies ahead of us, we will walk with our fellow citizens and keep them informed."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.1865532
  • Mean: 0.0932766
  • Standard Deviation: 1.7320508075689

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Country: South Africa

Overall Sentiment: 0.169545

Relevance: 0.828203

Company: Alstom

Overall Sentiment: 0.218881

Relevance: 0.559254

Company: Rail AG

Overall Sentiment: 0.0101506

Relevance: 0.396077

Company: Alstom SA

Overall Sentiment: 0.24712

Relevance: 0.382203

Organization: South African government

Overall Sentiment: 0.250068

Relevance: 0.31521

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