This latest award is the Outer Metropolitan Bus Service Contract for Region 7, which covers the NSW Central Coast, including The Entrance, Gosford, Wyong and the surrounding areas. The contract, which will commence services in July 2024 and run for eight years, has been awarded by the NSW government to Red Bus CDC NSW – a 50:50 joint venture (JV) company between CDC NSW and Red Bus Services.
ComfortDelGro (SGX:C52
) Corporation C52 through its indirect subsidiary, CDC NSW, has been awarded an outer metropolitan bus contract in New South Wales (NSW) worth over A$200 million ($180 million).
This comes hot on the heels of three other successful tenders awarded by the NSW government resulting in two contracts for Sydney metropolitan Region 4, and combined Regions 12 and 14 just seven months earlier. Combined, the three contracts are worth more than A$1.9 billion.
