English>

Market News

Lagos Acquires 2 High Speed Trains For Red Line Rail - DAILY TRUST

JANUARY 20, 2022

By Christiana T. Alabi

Governor Babajide Sanwo-Olu of Lagos State has acquired two sets of 10 cars Talgo 330kmph speed trains from a Spanish train manufacturer, Talgo in the United States for the red line rail project.

At the event inside the Milwaukee Facility of Talgo in the US, Governor Sanwo-Olu said the State Government was excited to complete the purchase of the two brand new trains.  

“We hope that the purchase of the trains will be the beginning of a mutually beneficial business relationship. Providing a source of livelihood for our citizens is all about providing jobs for our people and that is what we are doing.

“It is about ensuring that we can build our economy; people can move from one location to another and businesses can grow,” said Sanwo-Olu.

It will have 11 stations and will be the first operational metro system in West Africa.

Acting Milwaukee Mayor Cavalier Johnson said: “I am sending my congratulations to the Governor of Lagos State in Nigeria, but also a little disappointed that we missed out on the opportunity to have those train sets operating here in Milwaukee and in Wisconsin.”

CEO and President, Talgo USA, Antonio Perez, said, “For us, it is important that our trains are utilised. It doesn’t do any good for the trains that we built to be stored and kept without passengers riding them.”

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics