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Spanish Company Talgo should Participate in HST Auction

Next Monday, the Spanish company Talgo shall officially announce its participation in a second consortium which is interested in taking part in the tender for the High Speed Train(HST) project, for the bullet train to connect Rio de Janeiro, São Paulo and Campinas. The auction has been scheduled for April. So far, only one consortium, known as TAV Brasil, with the participation of some 20 companies and including some South Korean giants such as Hyundai Heavy, Samsung SDS, LG CNS and Daewoo, has officially announced that they shall be participating in the auction.


Apart from their head office in Spain, Talgo also has units in Germany, in the United States, in Kazakhstan and in Bosnia.  At next week’s event, the company shall also announce its intention to set up a factory in Brazil, as the company is interested not only in the bullet train project but also in the implementation of regional train services in the country.


Talgo has clients in the railroad sector in countries including the United States, France, the United Kingdom, Germany, Finland, China and Argentina. In Spain, Talgo has produced the high speed trains used on the rail link between Madrid and Seville. The average speed of these trains can exceed 360 km/h.


The auction for the bullet train that shall connect the cities of Rio de Janeiro, São Paulo and Campinas, was originally scheduled for 16 December of last year but was then postponed by the National Land Transport Agency (Agência Nacional de Transportes Terrestres – ANTT) for 29 April. The handing over of the proposals from the parties interested in taking part in this bidding process, however, must be made by 11 April. The total investments have been estimated at R$ 35 billion (US$ 20.98 billion).

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Fonte: Agência Estado

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