BUSES' PURCHASE PROSPECTS
* Canada - Province pitches in for 15 new buses
Durham,Ontario,Canada -The Durham Region News (Toronto,Ont), by Erin Hatfield -Feb 22, 2007: -- Fifteen new, 12-metre, low-floor, urban diesel transit bus are on their way to Durham... On Feb. 22 Transportation Minister Donna Cansfield announced the Province of Ontario has partnered with six municipalities on the purchase of new transit buses, which will save municipalities an estimated $15,000 per bu
* Uganda - Schools to Get Buses At Lower Rates
Kampala,Uganda -New Vision -Feb 22, 2007: -- Stanbic Bank and Africa Motors and Machinery have launched a scheme for schools to acquire buses at subsidised rates... "No collateral is required. We look at the ability of the school to pay back based on its organisation," Joseph Kiiza, Stanbic's manager for new business, vehicle and asset finance, said... Kiiza said the lending rate would be 18%-20% per annum... Africa Motors' sales engineer, Douglas Kawalya, said they would supply the buses at a discount of 6%-7%...
* India - Jammu & Kashmir Governments to operate 40 special buses in hilly districts
J & K,India -The Hindu (Chennai,India) -Feb 23, 2007: -- The Jammu and Kashmir Governments will purchase 40 special buses and operate them in the hilly districts and accident-prone areas of the State, the Minister for Transport, Hakim Yaseen has said... The Government will buy the buses at a cost of Rs 5.5 crore, Yaseen said while speaking at a high level officers meeting here on Wednesday...
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