UPDATE 1-Singapore's ST Engineering unit consortium gets $1-bln Taiwan metro contract
(Updates with contract details)
Sept 1 (Reuters) - Singapore Technologies Engineering said on Thursday a consortium including the defense and engineering group's unit had been awarded a S$1.4-billion ($1.00 billion) contract for services to a metro line in Kaohsiung, Taiwan.
The unit, Urban Solutions, will provide services including rail electronics solutions, designing an above-ground train depot, and will be responsible for the overall management of the project, the company said. (https://bit.ly/3cB2hkA)
The yellow line in the southern city of Kaohsiung is 22.8 kilometre long with 22 underground and one elevated station.
The consortium includes Munich-based transport solutions provider Siemens Mobility that will supply the signalling system and Swiss rolling stock manufacturer Stadler Rail that will provide railway locomotives.
The 10-year contract is expected to come into force by late-2022, ST Engineering said.
($1 = 1.3968 Singapore dollars) (Reporting by Sameer Manekar and Roushni Nair in Bengaluru; Editing by Vinay Dwivedi)