ComfortDelGro Corporation was awarded a contract worth S$1.13 billion to operate rail services in Auckland, New Zealand, the transport operator said in a statement on Friday. ST PHOTO: ONG WEE JIN
MAINBOARD-LISTED ComfortDelGro Corporation ComfortDelGro: C52 +1.88% has been awarded a contract worth S$1.13 billion to operate rail services in Auckland, New Zealand, the transport operator said in a statement on Friday.
The group will operate the rail services through Auckland One Rail (AOR), its 50 per cent-owned joint venture (JV) with Australian rail operator and maintenance company UGL Rail Services.
The contract, lasting for an initial term of eight years with the opportunity for further extensions, will begin on Jan 16, 2022.
ComfortDelGro’s managing director Yang Ban Seng called the deal a “milestone” as it is the group’s first rail operation outside of Singapore and its maiden entry into New Zealand. ComfortDelGro has been operating commuter rail services in Singapore through its listed subsidiary, SBS Transit, since 2003.
AOR will be responsible for passenger train operations across the network. This includes providing drivers, developing timetables, operating and maintaining stations, security, customer service and protecting revenue.