ST Engineering’s urban solutions business will provide turnkey rail services for Taiwan’s new Taichung MRT Blue Line. This is part of a broader contract with consortium partners Alstom Transport, CTCI Corporation and Hyundai Rotem Company, which will provide the signalling system, power supply system and rolling stock respectively.
In an April 10 announcement, ST Engineering says it was awarded the contract worth some $1.4 billion from the Rapid Transit System Bureau of Taichung City Government. The contracted scope covers a period of about 14 years and is expected to start in 2Q2025.
Taichung is Taiwan’s second-largest city, located in central Taiwan.
ST Engineering Urban Solutions will lead overall project management and systems integration, provide rail electronics including communications system, automatic fare collection system, platform screen doors and supervisory control and data acquisition (SCADA) system, and oversee the development of the above-ground train depot.
The 24.78km fully automated Blue Line comprises eight elevated stations and 12 underground stations. Connecting the east and west of Taichung, the Blue Line will be integrated with the city’s existing Green Line and is poised to enhance the capacity of Taichung’s public transport network when completed.
ST Engineering Urban Solutions has a 32-year track record in implementing rail projects in Taiwan. Its projects include delivering rail electronics solutions for the Taichung MRT Green Line and providing full turnkey rail services for projects in several Taiwan cities.
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ST Engineering Urban Solutions president Chew Men Leong says the win reflects the group’s “strong technical and engineering expertise”. “[It] further affirms our reputation as a trusted provider of turnkey rail services with expertise in managing and successfully delivering large-scale rail infrastructure projects. With an experienced and dedicated local team of experts in Taiwan, we are fully committed to executing this project and delivering a world-class metro system that will improve connectivity and contribute to Taichung City’s development.”
This latest contract adds to ST Engineering Urban Solutions’ global track record of over 200 rail projects in more than 50 cities.
As at 12.41pm, shares in ST Engineering are trading 28 cents higher, or 4.44% up, at $6.58. ST Engineering shares have climbed some 41% year to date.
