Spain is set to invest EUR 500 million in updating its high-speed rail network and also plans to extend it by adding an important new southern route, Prime Minister Mariano Rajoy announced. Rajoy mentioned that the investment will bolster the fleet with 15 new high speed trains.
This latest sum, added to the amounts announced in November 2016, will bring total recent investment in new high-speed trains to around EUR 1.3 billion.
Prime Minister Rajoy added that work to shorten the journey between Seville and the coastal city of Malaga, which had a current journey time of around two hours, would be put out for tender in 2018.
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