PRASA was formally established in December 2008, when the President signed the Legal Succession Act into law. This completed the consolidation of the various entities (Metrorail, Autopax, Shosholoza Meyl and Intersite) into PRASA from what were the South African Rail Commuter Corporation and Transnet. PRASA has 17 000 employees, 76% of which are employed by Metrorail. In April, PRASA concluded a R51 billion contract with Gibela Rail Transport Consortium for the design, manufacture and delivery of 3 600 brand new coaches over the next 10 years. The first train is expected to hit the tracks in 2015. A total of 33 000 direct and indirect jobs – artisans, technicians and, among others, train drivers - are expected to be created during the life of the contract. PRASA will also construct a factory in Ekurhuleni, east of Johannesburg, where the modern commuter trains would be built.