Trenitalia is to invest more than €600 million in two new train fleets over the coming years as part of a new long-term service contract in Italy’s Veneto region.
Trenitalia has signed a new operating contract worth more than €4.5 billion with officials in Veneto that will see it continue to operate regional rail services until December 2032.
The contract, which was signed last week, includes investment of more than €1 billion – of which €619 million will be used to finance 78 new Pop and Rock series trains.
Trenitalia said that by investing in new rolling stock and refurbishing older units it will be able to reduce the average age of its fleet from around 16 years old to six years old by 2021.
New targets for punctuality have also been set and Trenitalia predicts that passenger numbers will increase from around 150,000 to more than 200,000 every day.