Siemens has been awarded the contract to design and build 94 new trains for the Piccadilly Line on London’s tube, at a cost of 1.5 billion pounds ($2 billion). Transport for London (Tfl) awarded the contracts to Siemens which would employ up-to 700 people and create around 1700 indirect jobs.
The new trains would be 6 meters lengthier than the existing ones and will add to the existing fleet of trains plying on the Piccadilly line.
A Tfl statement said:
“This long-term sustainable investment will support London’s growing population, which is set to increase to 10.8 million by 2041, supporting new jobs, homes and growth,” it said.