Bombardier Transportation (TSE: BBD.B) signs a new contract with Singapore’s LTA (Land Transport Authority). This contract is valued at over CAN $335 million and aims to modernize the light rail network and refurbish the signaling system.
The people of Singapore benefit from a public transport system by bus and by rail. In 2016, a total of 3.9 million trips for the bus network and 3.1 million trips for the train network were recorded daily. Despite the greater use of buses, the LTA plans to expand its rail system to increase its use. The bus system will soon play a lesser role as a feeder route to the Mass Rapid Transit (MRT) and LRT (Light Rail Transit) networks.
Therefore, a contract between Bombardier Transportation and the LTA has been approved. The agreement includes the delivery of 19 new automated shuttles, the refurbishment of 13 existing shuttles and the modernization of the Bukit Panjang Light Rail Transit (LRT) network’s signaling system. In total, the contract is worth over CAN $335 million. However, the place for product manufacturing remains uncertain.
Over the years, a relationship of trust has been established between Bombardier Transportation and Singapore. The company has been able to meet the needs of the state by providing 276 metro cars and 13 automatic cars for its light rail transport system since 2012. The need for updating and the maintenance of transport networks announces a prosperous relationship between them. In fact, with the Singapore transport agency looking to expand its LRT rail network from 28.8 km to 360 km by 2030, Bombardier Transportation should remain alert to new demands in the near future.
(7 mars 2018). Bombardier décroche un contrat de mise à niveau du système léger sur rail de Bukit Panjang, à Singapour. Tiré de : https://www.bombardier.com/fr/media/nouvelles/detail.bt_20180306_bombardier-wins-contract-to-upgrade-singapores-bukit.bombardiercom.html?filter-bu=transport
Government of Singapore. Public Transport Utilisation – Average Daily Public Transport Ridership. Tiré de : https://data.gov.sg/dataset/public-transport-utilisation-average-public-transport-ridership
La Presse Canadienne. (10 mars 2018). Contrat de plus de 335 M$ pour Bombardier Transport à Singapour. Tiré de : https://www.lesoleil.com/affaires/contrat-de-plus-de-335-m-pour-bombardier-transport-a-singapour-661be7f577b9ab33d453f93c9577235c
L’encyclopédie Wikipédia. Light Rail Transit. Tiré de : https://en.wikipedia.org/wiki/Light_Rail_Transit_(Singapore)
L’encyclopédie Wikipédia. Mass Rapid Transit. Tiré de : https://en.wikipedia.org/wiki/Mass_Rapid_Transit_(Singapore)