Currently, Singaporeans can look forward to several new lines that have already been planned: the new Jurong Region Line, the Cross Island Line as well as extensions of the existing Thomson-East Coast Line (TEL), Downtown Line (DTL) and the Circle Line (CCL).
Singapore-listed transport companies like ComfortDelGro (SGX:C52
) (CDG) and SBS Transit, a CDG subsidiary, will likely benefit from some of the initiatives mentioned at Budget 2025, say analysts.
One of the initiatives stated by Prime Minister and Minister for Finance Lawrence Wong includes the government’s plan to invest over $60 billion on Singapore’s rail network within the decade so that at least eight in 10 households can be within a 10-minute walk to a train station.
