Talgo set to build new Spain high-speed railMADRID -- Spain has awarded a contract worth 786 million euros (US$832 million) to supply and maintain 15 new high-speed trains for Spanish train maker Talgo, the public works minister said Monday. "The winning offer was presented by Talgo," Public Works Minister Inigo de la Serna told a news conference in Madrid. The initial contract is to build 15 new high-speed trains and maintain them for 30 years. The new contract will give Talgo a 54 percent share of Renfe's high-speed train market, a Talgo spokesman told AFP. Spain has Europe's biggest high-speed rail network, with over 3,000 kilometres (1,800 miles) of high-speed track.

Source: The China Post November 28, 2016 17:55 UTC