Samsung C&T Corp was awarded a US$448 million deal to build a section of Singapore's Mass Rapid Transit (MRT) system: the Hougang interchange station and tunnels for the Cross Island Line.
It would be the city state's eighth MRT line.
According to Singapore's Land Transport Authority, the deal also includes the construction of additional and alteration works to the existing Hougang station along the North-East Line.
Samsung C&T will start constructing the Hougang station next week with passenger service expected to commence in 2030.
The company is also involved in constructing Caldecott and Marine Parade stations on the Thomson-East Coast Line, Xilin station on the Downtown Line 3 Extension, and some stretches of tunnels along the North-South Corridor.


AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 



