High-Value Opportunities in Singapore
The High-Value Opportunities programme
The High-Value Opportunities (HVO) programme is UKTI’s flagship initiative that identifies, prioritises and supports UK businesses of all sizes to access large scale overseas procurement projects that offer huge contract opportunities for British business.
The market – from major infrastructure, manufacturing and engineering, through to big supply or value chain opportunities – runs into trillions of pounds. Using UKTI’s overseas network and a robust evaluation mechanism, the HVO programme identifies those large-scale projects around the globe that offer the best opportunities for UK companies.
Singapore – Mass Rapid Transit (MRT) (HVO SPG-6)
The Singapore government announced in 2008 that it was to deliver a number of new projects to develop its MRT System by 2020. In all, it announced over £30 billion of new projects including two new lines and two extensions to existing lines.
The new lines are Thomson Line (TSL) and Eastern Regional Line (ERL), which will add 48km to the rail network. In addition, a new rapid transit system (RTS) link between Singapore and Malaysia has been announced with a feasibility study underway.
The Government has given the go-ahead for the TSL to be built by 2018, and the ERL by 2020. The ERL will serve the residential estates of Tanjong Rhu, Marine Parade, Siglap, Bedok South and Upper East Coast and link them to Changi in the east. The TSL will go from Marina Bay northwards, through the Central Business District and up through Ang Mo Kio all the way to Woodlands connecting estates such as Sin Ming, Kebun Baru, Thomson and Kim Seng which do not now have a direct MRT link. In addition, extensions will be made to the East-West and North-South lines.
UK businesses interested in this project are encouraged to register their interest with UKTI at: www.ukti.gov.uk/uktihome/businessopportunity/204195.html
Contact Senior Trade and Investment Manager firstname.lastname@example.org for more information on High Value Opportunities in Singapore.
Source – UKTI
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