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How ComfortDelGro can ride on the coat-tails of the SEZ

Felicia Tan
Felicia Tan • 4 min read
How ComfortDelGro can ride on the coat-tails of the SEZ
Analysts see the possibility of spillover traffic into CDG's networks from the RTS. Photo: CDG
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Mainstream media reports that over 300,000 people cross the Johor-Singapore Causeway daily. Commuters can choose from various options, including private hire vehicles like ComfortDelGro (SGX:C52) (CDG) taxis or several bus services, such as Bus 170 from Kranji MRT Station, operated by SBS Transit. SBS Transit, a 75%-owned subsidiary of CDG, is also listed on the Singapore Exchange (SGX:S68) (SGX).

The new Rapid Transit System (RTS) Link connecting Johor Bahru and Woodlands, which will be jointly operated by SMRT Corporation and Malaysia’s Prasarana, is expected to alleviate some of the passenger load handled by SBS and CDG.

According to the Land Transport Authority’s (LTA) website, the RTS Link will have the capacity for up to 10,000 commuters per hour and in each direction, translating to an added capacity of 60,000 users crossing the Causeway during peak hours.

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