The Jurong Regional Line is the 7th mass rapid transit line in Singapore and will open in phases from 2027.
RHB Bank Singapore's Shekhar Jaiswal has kept his "buy" call and $1.70 target price for ComfortDelGro (SGX:C52
) after it won the $750 million contract to operate the Jurong Region Line for a tentative 11 years.
The contract was awarded to a joint venture between CDG's separately listed subsidiary SBS Transit, and a regular partner, France-based RATP Dev.
