Rail News

DATE

September 14 , 2021


ComfortDelGro joint venture lands $1.13 billion deal to operate rail services in Auckland

Straits Times 
AUG 27, 2021 (Singapore)

Singapore-listed transport giant ComfortDelGro Corp has clinched a $1.13 billion deal to operate rail services in Auckland.

This marks the group's first foray into the New Zealand land transport market, and its first move overseas as a rail operator.

In an announcement on Friday morning, ComfortDelGro - which operates buses, trains and taxis in Singapore, and taxis and buses in places such as China and Britain - said it clinched the Auckland franchise with Australian rail operator UGL Rail Services after a 12-month tender process.

The pair formed a 50:50 joint venture - Auckland One Rail (AOR) - which will start operating the Auckland metro from Jan 16 next year. The contract is for eight years, with the possibility of extensions, ComfortDelGro said.

The Auckland rail network is the largest in New Zealand, and comprises four lines with 185km of track, 42 stations and 72 electric three-car trains and eight diesel multiple-unit trains. This will grow to 44 stations and 95 trains with the opening of Auckland's new City Rail Link in 2024.

Before the Covid-19 pandemic, the network had an annual ridership of 21 million - or about one-tenth of the pre-pandemic annual ridership of Singapore's North East Line, which is operated by ComfortDelGro subsidiary SBS Transit.

Source
https://www.straitstimes.com/singapore/transport/comfortdelgro-lands-first-overseas-rail-deal-in-new-zealand

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