Singapore’s ST Engineering unit consortium gets $1-billion Taiwan metro contract

(Reuters) -Singapore Technologies Engineering said on Thursday a consortium including the defense and engineering group’s unit had been awarded a S$1.4-billion ($1.00 billion) contract for services to a metro line in Kaohsiung, Taiwan.

The unit, Urban Solutions, will provide services including rail electronics solutions, designing an above-ground train depot, and will be responsible for the overall management of the project, the company said. (https://bit.ly/3cB2hkA)

The yellow line in the southern city of Kaohsiung is 22.8 kilometre long with 22 underground and one elevated station.

The consortium includes Munich-based transport solutions provider Siemens Mobility that will supply the signalling system and Swiss rolling stock manufacturer Stadler Rail that will provide railway locomotives.

The 10-year contract is expected to come into force by late-2022, ST Engineering said.

($1 = 1.3968 Singapore dollars)

(Reporting by Sameer Manekar and Roushni Nair in Bengaluru;Editing by Vinay Dwivedi)

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