This contract, under ST Engineering's urban solutions business, will include a traffic monitoring camera system and an integrated traffic and plant management system.
According to ST Engineering, this new transport management system will help create "a more responsive and future-ready road transport network in Singapore", thereby allowing "smarter traffic management, smoother traffic flow and enhanced road safety."
“Being entrusted with these projects demonstrates the strength of our intelligent transport systems solutions and proven capabilities in delivering large-scale road transport projects," says Hoe Yeen Teck, head, mobility road and services, at ST Engineering.
"We look forward to continuing our longstanding partnership with LTA and supporting them on this journey to enhance the efficiency, responsiveness and resilience of Singapore’s road transport network,” he adds.
See also: Ley Choon’s constructions and engineering subsidiary secures $35.6 mil worth of contracts
ST Engineering shares closed at $11.15 on March 12, up 0.54% for the day, extending a gain of 78.4% in the past year.
