ST Engineering unit wins $750 million contract for Taiwan metro line
Sign up now: Get ST's newsletters delivered to your inbox
ST Engineering’s new $750 million contract comes on the back of an $840 million contract win in July.
ST PHOTO: KUA CHEE SIONG
Goh Ruoxue
- ST Engineering’s urban solutions unit won a $750 million contract to extend Taoyuan’s green metro line in Taiwan, starting Q4 2026 and lasting seven years.
- The project involves managing systems integration and providing rail-electronics, while Hyundai Rotem supplies power systems and trains.
- This contract follows another $840 million deal for Taoyuan’s brown line and shows confidence in ST Engineering’s rail infrastructure capabilities.
AI generated
SINGAPORE – ST Engineering’s urban solutions business in August secured a $750 million turnkey rail services contract for the extension of a metro line in Taoyuan, a special municipality in north-western Taiwan.
The Singapore Exchange mainboard-listed global technology, defence and engineering group said on Aug 26 that the project to extend Taoyuan’s green line will start in the fourth quarter of 2026 and span seven years.
This contract is part of a broader one with consortium partner Hyundai Rotem, said ST Engineering.
ST Engineering will lead the overall project management and systems integration, and provide rail-electronics solutions, including supervisory control and data acquisition; a communications system; an automatic fare-collection system; and platform screen doors.
Hyundai Rotem will provide the power-supply system and rolling stock.
ST Engineering will work with its partners to oversee the integration and delivery of key project components, including signalling, depot equipment and track works.
The group’s urban solutions president Gareth Tang noted that the win is a reflection of its customers’ confidence in its ability to deliver large-scale rail infrastructure programmes.
Taoyuan MRT’s green line extension stretches for 7.2km and comprises five stations. Local media reports describe it as the first metro line to be independently planned for by the local government.
This contract adds to ST Engineering’s ongoing delivery of rail electronics solutions for the line, said the Singapore-headquartered group.
Back in July, ST Engineering bagged an $840 million contract for Taoyuan’s 11.4km brown line. The project is also expected to begin in the fourth quarter of 2026, and will be delivered over eight years.
Shares of ST Engineering were firmer on Aug 27, rising 11 cents, or 1.04 per cent, to $10.69. THE BUSINESS TIMES
