ST Engineering and MSI Global, a wholly owned subsidiary of the Land Transport Authority (LTA) in Singapore, have inked a Memorandum of Understanding (MOU) to foster joint participation and collaboration in rail projects around the world.
Both companies will jointly provide rail electronics solutions and services for rail projects overseas. ST Engineering has implemented over 100 rail electronics projects in more than 48 cities worldwide, while MSI Global has implemented in the region of 154 overseas projects in more than 20 countries. ST Engineering will contribute its established technical and domain expertise in advanced Smart Metro solutions including Smart Metro Control Centres, Command, Control and Communication Systems, Enterprise Asset Management Systems, Platform Screen Door, Automatic Fare Collection Systems and Passenger Information Systems, while MSI Global will provide its expertise in ticketing and payment systems software solutions, 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.
Mr Chew Men Leong, President, Urban Solutions at ST Engineering said, “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. 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.”
Mr Sim Wee Meng, Chief Executive Officer of MSI Global said, “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. 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.”