A majority of its shares are owned by Singaporean bus and rail operator SBS Transit Ltd at 75.01%, with RATP Dev holding the remaining 24.99%.[2]
History
In 2023, SBS Transit entered into partnership with French transit group RATP Dev for tender bids to operate the Jurong Region Line and Cross Island Line in Singapore as a joint venture. Both tenders are limited to existing rail operators in Singapore, while foreign operators will be allowed to participate as minority partners of joint ventures with existing rail operators.[3]
On 28 November 2024, the joint venture under the submitted name SRJV, was awarded the contract at a bid of S$750 million to operate the line for nine years, with an optional two-year extension.[4][5] The bid was reported to be 8 per cent lower than the competing bid made by SMRT Trains.[2]
Singapore One Rail Pte Ltd was officially incorporated on 15 January 2025.[1]
Trains
Singapore One Rail is set to operate the Jurong Region Line (JRL) when it opens in 2027.[6][7] The JRL would span 24 kilometers and comprise of 24 stations in the West region of Singapore over three opening phases, serving Choa Chu Kang in the north, Jurong Pier in the south, Peng Kang Hill in the west and Pandan Reservoir in the east.[8] An extension via West Coast on the Cross Island Line to Kent Ridge on the Circle Line, is set be completed in the 2030s to 2040s.[9] The JRL is fully automated and driverless and consists of a fleet of 62 Hyundai RotemJ151 trainsets.[10] The JRL would be the first in Singapore rail network to operate South Korean manufactured rolling stocks.[2]
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