USD526 million Civil contract awarded for underground transit railway line PPP Project in Singapore
The Land Transport Authority (LTA) of Singapore has awarded Penta Ocean Construction Co., Ltd. the civil contract for the design and construction of Bright Hill interchange station and tunnels under Cross Island Line Phase 1 (CRL1). The contract has an estimated value of USD526 million.
Construction works for CRL1 Bright Hill station are expected to start in the second quarter of 2022, with passenger service expected to commence in 2030. When completed, commuters can conveniently transfer between CRL and Thomson – East Coast Line (TEL) using this interchange station.
CRL1 is 29 kilometers long and comprises 12 stations from Aviation Park to Bright Hill. This route will serve residential and industrial areas in Loyang, Tampines, Pasir Ris, Defu, Hougang, Serangoon North and Ang Mo Kio and benefit more than 100,000 households.
Country news
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September 06, 2018
Governments of Malaysia and Singapore sign agreement to defer US$10 billion high speed rail PPP
The governments of Malaysia and Singapore have confirmed in a joint statement that construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project is suspended for a period up to 31 May 2020.
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April 04, 2018
MIRA announces close of Macquarie Asia Infrastructure Fund 2
Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, has announced the close of its second Asian regional infrastructure fund at its hard cap of $US3.3 billion in investor commitments.
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January 24, 2018
Malaysia and Singapore agree to second cross-border rail PPP
The Transport Ministers of Singapore and Malaysia have signed a bilateral agreement to develop a cross-border urban rail link between Singapore and Johor Bahru, Malaysia. The project will be developed in a similar manner to the US$9.6 billion Kuala Lumpur-Singapore high speed rail project, for which the governments launched a tender in December.
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January 04, 2018
Chinese consortium to bid for Kuala Lumpur-Singapore HSR PPP
It has been announced that a consortium led by China Railway Corp will bid for the Kuala Lumpur-Singapore high-speed rail project. The consortium is comprised of eight companies, including CRRC, China Railway Construction Corporation, China Communications Construction, China Railway Signal and Communication and Export-Import Bank of China.
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December 22, 2017
Tender for US$9.6 billion Kuala Lumpur-Singapore HSR launched
MyHSR Corporation Sdn Bhd (MyHSR Corp) of Malaysia and SG HSR PTE LTD (SG HSR) of Singapore have launched a joint tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project. The estimated total value of the project is MYR43 billion (US$9.6 billion).
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