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MSI Global, a wholly owned subsidiary of Singapore’s Land Transport Authority (LTA), and ST Engineering have signed a Memorandum of Understanding (MoU) to foster joint participation and collaboration in rail projects around the world.
Both companies will jointly provide electronics solutions and services for rail projects overseas. ST Engineering will contribute its technical and domain expertise in advanced smart metro solutions including command, control and communication systems, control centres, enterprise asset management systems, platform screen doors, automatic fare collection systems and passenger information systems, while MSI Global will provide its expertise in ticketing and payment software systems, along with systems integration for rolling stock, signalling, power supply systems, depot planning, and project management. The MoU will also include developing joint go-to-market activities to grow Singapore’s rail global footprint.
MSI Global CEO, Mr Sim Wee Meng, ST Engineering president – urban solutions, Mr Chew Men Leong, MSI Global SVP – business development and planning, Mr Liu Png Hock, and ST Engineering EVP and head of international marketing and business development, and mobility (rail and road), urban solutions, Mr Koh Chan Tia.
ST Engineering has implemented more than 100 rail electronics projects in more than 48 cities worldwide, while MSI Global has implemented around 154 overseas projects in more than 20 countries.
“Smart Mobility is a key focus area in our smart city growth strategy, and the MoU with MSI Global serves as another platform for us to extend our smart mobility expertise to new international markets,” says Mr Chew Men Leong, president – urban solutions at ST Engineering. “The complementary capabilities and synergies that both organisations intend to forge will further strengthen our combined rail offerings and position us as a strong contender amongst global competition. MSI Global is our long-time partner, and we look forward to even closer collaboration to bring Singapore’s rail expertise to new shores, and catalyse growth opportunities for global success.”
“Having executed various land transport projects in more than 20 countries, MSI Global has extensive experience in a broad spectrum of services, in particular automatic fare collection system and project management,” says MSI Global CEO, Mr Sim Wee Meng. “Some of these projects were completed in collaboration with ST Engineering. The signing of the MoU marks another milestone in the relationship between the two companies. This MoU will only relate to collaboration outside of Singapore.”
This article first appeared on www.railjournal.com
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