Saudi Arabia has secured a significant deal with Spanish train manufacturer Talgo SA for the purchase of 20 new high-speed trains. Announced on Sunday by both the company and Spain's Minister of Transport, Oscar Puente, this order is valued at approximately 1.33 billion euros (1.57 billion dollars). In addition to the train supply, the contract also includes maintenance services, which are crucial for ensuring the operational efficiency of the new fleet. This agreement enhances Talgo's order book, which now stands at a record level of nearly 6 billion euros.

The timing of this deal is particularly important for the Spanish railway sector, which has faced scrutiny following a tragic train collision near Córdoba that resulted in the deaths of 46 individuals last month. The accident raised serious concerns about whether investment in maintenance and infrastructure improvements is keeping pace with the increasing passenger demand. The recent agreement with Saudi Arabia not only provides a financial boost to Talgo but also serves to restore some confidence in the Spanish railway industry amid these challenges.

Minister Oscar Puente lauded the agreement on social media, emphasizing the role of the state railway company Renfe as the operator of the Saudi high-speed rail services. This partnership indicates a continued commitment to enhancing rail transport capabilities and improving service quality in Saudi Arabia, which is investing heavily in modernizing its rail network as part of broader economic diversification efforts. The move reflects a growing trend of international collaboration in railway technology and infrastructure, positioning both Spain and Saudi Arabia for future growth in this sector.