In a joint venture (JV) with RVNL, TMH will make these trains at a facility in Latur.
The company claims that the new trains will have more capacity and offer decarbonisation benefits.
The project will improve connectivity between Lantau Island and the urban areas via rail.
With this inauguration, the metro network has now extended to the city centre.
Funds will be used to cover the costs of 34 new bridge projects, 365 new grade crossing projects.
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TfW is investing more than £800m on new trains for the Wales and Borders network.
Trenitalia plans to deploy these locomotives all over the Italian railway network.
The upgrade works have been executed as part of a £164m Scottish Government investment.
The operator is said to have made improvements, including a reduction in service cancellations from nearly 25% in August 2022 to 4.2% this month.
The LoI is expected to further stregthen the partnership between Rail Baltica project partners.