SINGAPORE – Transport operator ComfortDelGro Corp (CDC) on Tuesday said an indirect subsidiary has bagged an outer metropolitan bus contract worth A$200 million (S$180.4 million) in New South Wales (NSW), Australia.

The eight-year contract – which will start in July 2024 – is for Region 7. This covers the NSW Central Coast, including The Entrance suburb, Gosford, Wyong and the surrounding areas, the group said.

The contract was awarded to Red Bus CDC NSW, a 50:50 joint venture between NSW bus operator Red Bus Services and CDC NSW – a CDC subsidiary.

CDC NSW operates three other bus service contracts in the Australian state’s outer metropolitan areas – in Regions 7, 8 and 11. It also operates two contracts in Metropolitan Sydney in Regions 4 and 14.

ComfortDelGro expects the new contract win to create employment opportunities as CDC NSW expands its operations. The group estimates there will be an increase of 150 employees to reach a workforce of over 2,500 across NSW.

Shares of mainboard-listed ComfortDelGro closed trading unchanged at $1.18 on Tuesday after the announcement. THE BUSINESS TIMES