ComfortDelgroWhich runs the northeastern and central lines of the city in Singapore, cooperates with the East Japan Railways Company (JR East) and UGL to form a one -Melbourne railway union to provide bids to the Melbourne Metropolitan train network at some point next year, when the organizers open the tender.
“The bid team marries the Japanese customer service, a global -level Singapore, and the competencies with the management of local assets and the operating expertise in UGL,” the consortium said in a statement.
The group supports the Japanese general trading and investment group, Marubeni Corporation.
The current line operator is MTR in Hong Kong, which works with the John Holland and UGL group, in a contract that ends in 2027.
The Metropolitan network in Melbourne includes 17 lines covering 402 km and 222 stations, the largest railway network in Australia. About two billion Singapore dollars ($ 1.54 billion) generate annual revenue, CEO of COMFORTDELGRO CHING Siak Kian, estimated in an interview with luck. Comfortdelgro’s share of these revenues depends on the joint project contract, but it will remain a big boost for the company’s finance.
The company announced revenues of $ 1.17 billion (903 million dollars) for the quarter ending in March, with 52.6 % of these revenues from outside Singapore. Australia’s revenues amounted to $ 203 million ($ 156 million).
If the ComfortDelgro shows, the second rail network will be taken from its competitor in Hong Kong. Last year, commentdelgro beat Try to run the Stockholm Metro of MTR, which has managed the Swedish city trains since 2009.
Cheng She won the company’s victory against MTR to the lucky time. Railway contracts usually extend at least seven years, and Comfortdelgro now has sufficient experience of railways to make large global bids properly with the start of contracts.
MTR has operated the Melbourne line for more than 10 years, and Stockholm is more than 14 years old by the time when Comfortdelgro takes over at the end of the year.
“Shurn ten to 14 years ago, we were not even in a position that allows us to score this contract,” said Cheng. “It is just a development of the time when you gain experience, then it works with the right partners to be able to challenge those contracts.”
Comfortdelgro experience
Comfortdelgro’s experience in operating metro trains without a driver reliably. The two lines of the company, the northeastern line and the city center line are the most reliable of the city, with the highest kilometers between failure (MBKF) between the five lines that Data existing. (The SMRT is still run by the SMRT, Thomson-Aast Coast, which is managed by SMRT, is very new so that reliability data cannot be obtained)
Cheng was highly forecast by Singapore consumers to force the company to improve its reliability continuously.
Comfortdelgro does not have real estate in or around its stations, an important source of revenue for other railway operators such as MTR or JR East. Instead, ComfortDelgro creates revenues from the fixed fee organizations that drive it to operate the rail network that is closely related to the reliability of the railway and customer satisfaction, which means that the company must ensure that rare breakdowns to maintain its delicate margins.
“We are very focused on operating the system well, and this is where it gives us the advantage,” Cheng said.
International play
Melbourne’s offer is part of the Commortdeelgro strategy to take advantage of its experience in three different types of transportation.
In addition to its Australian operations, commentdelgro also runs buses and Taxi services In the United Kingdom, as well as taxis and private rental cars in China mainland. It will also run railways in Paris later this year.
Cheng hopes that the vapor COMFORTDELGRO experience will help the company to continue to provide bids to expand its presence in its current markets.
He said: “The advantage of growth in this way is a lot of familiarity, both with the organizers and the brand name, and this is what we will try to do.”
If ComfortDelgro is successful in Melbourne, the company will finally manage railways, buses and taxis in Australia, allowing it to repeat the multimedia model in Singapore.
Cheng wants to re -create this model beyond Singapore and Australia. “This is appropriate, as it is applicable, we will do it,” he said.
ComfortDelgro is likely to search for the expansion of its presence in the current markets first, or in the neighboring markets. “We are completely deliberate around where we are expanding. We need to understand the revenue model, the organizational environment, and what is the rule of law,” said Cheng.
But this will not prevent the company from “going to cities where we have not yet existed.”
This story was originally shown on Fortune.com
https://fortune.com/img-assets/wp-content/uploads/2025/05/CDG-1H2023-FR-04-e1747381765473.jpg?resize=1200,600
Source link