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SMRT redirects subsidiary to focus on reliability at home, putting foreign joint ventures in limbo
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SMRT spokesman Margaret Teo said SMRT had decided to discontinue the mid-life upgrading of its older trains.
PHOTO: ST FILE
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SINGAPORE - Following recent management changes, rail operator SMRT Corp is paring down a subsidiary which was set up four years ago to market engineering services overseas.
Singapore Rail Engineering (SRE) had a joint venture with Japan's Toshiba to use and market its electric motors. It had also tied up with France's Faiveley Transport to supply train maintenance, repair and overhaul services in South-east Asia.
