386 views
Photo from press release./ (Left to right) Siemens Mobility CEO for Singapore and Asia-Pacific, Mr. Michel Obadia, Land Transport Authority Singapore Deputy Chief Executive, Mr. Yee Boon Cheow and Concord Corporation CEO & Managing Director Mr. Gan Boon Len signing the new power supply contract.

LTA appoints Siemens Mobility to power 8th MRT system

The contract is worth approximately $400m (€270m).

The Land Transport Authority (LTA) appointed Siemens Mobility (SMPL) for the Cross Island Line (CRL) project, the country’s eighth Mass Rapid Transit (MRT) System.

The contract is worth approximately $400m SMPL will also lead a consortium along with Concord Corporation for the design, supply, installation, testing, and commissioning of the power supply.

"Our power supply solutions and signalling systems for the CRL will enable LTA to connect the physical rail infrastructure with the digital world, gaining more value through integrated digital technologies. This will optimise lifecycle costs and provide a safe and reliable commute for CRL passengers,” said Michel Obadia, CEO of Siemens Mobility Singapore and Asia-Pacific.

The CRL will be fully automated and driverless-ready.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.