ST Engineering joins forces with Strides to pursue global transpo projects
They entered an MOU for overseas rails, roads, and EVs.
ST Engineering and Strides International Business (Strides)—the business arm of Singapore’s public transport operator, SMRT Corporation Limited, signed a memorandum of understanding (MOU) to pursue international projects in railways, roads, and electric vehicles (EVs).
In a joint statement, ST Engineering and Strides said they will provide technical, operational, and maintenance expertise in EV, intelligent road transportation and rail electronics for future land transportation projects in international markets.
For its part, ST Engineering will share its expertise in diesel-to-electric bus retrofit, integrated EV payment platforms, as well as smart metro solutions, road traffic management, and fleet management.
Meanwhile, Strides will provide capabilities in operations, maintenance, and service of transport and rail networks, driver and driverless transit products and systems, deployment of EVs, mobility solutions, as well as strong rail engineering and non-fare expertise, such as in transit properties.
Both companies will build train and railway systems testing and commissioning capacities in Singapore and develop joint go-to-market activities in key markets in Asia-Pacific, Europe, and the Middle East.
Currently, ST Engineering has implemented over 300 intelligent rail and road projects in more than 50 cities worldwide whilst Strides has 40 years of experience in designing, developing, operating and maintaining transport and mobility solutions, as well as delivering operation and maintenance, engineering, mobility and transit lifestyle solutions across Asia, Europe, and the Middle East.
Chew Men Leong, president of Urban Solutions at ST Engineering, said both firms’ complementary capabilities and experience in advanced rail and road technologies will boost Smart Mobility offerings and advance their goal in expanding global presence.
“Specifically, our combined offerings in vehicle electrification will enhance our value proposition to customers who are looking to accelerate the transition of their fleets and technology infrastructure towards more sustainable transportation,” said Chew.
Lee Ling Wee, head of Strides, said both companies can bring the “unique Singapore Inc. blend” of transport solutions and services in the international market as they aim to connect communities and enhance lives through safe, reliable, sustainable transport beyond Singapore.”