ComfortDelGro to open The DTL2 MRT in 1Q16, two months ahead of schedule.
The downtown section of Line 2 was originally forecast to open by the end of 2015, however the opening of the line was pushed back to the middle of 2016, as Austrian builder Alpine Bau, which was working on the line’s King Albert Park, Sixth Avenue and Tan Kah Kee stations, filed for insolvency after a failed restructuring plan.
However, according to the transport minister Lui Yuck Tew, the Downtown line 2 MRT will be open in 1Q16 two months ahead of the originally scheduled opening date.
The transport minister said that additional manpower as well as innovative work processes helped accelerate the project and all the contractors will continue to work hard in a bid to try to bring forward the opening to even earlier than 1Q16.
ComfortDelGro owns 75% of SBS Transit, which is listed separately on the Singapore Exchange. SBS Transit is a leading bus and rail operator in Singapore. As at 2QFY14, ComfortDelGro recorded losses stood at S$6.2m from its Downtown Line 1 (DTL 1) operations but it has been estimated that it will break even on its start-up costs in the period between phase 2 and phase 3 of the whole DTL project.
The Downtown line is the third in Singapore to be entirely underground (apart from the Gali Batu Depot). When fully completed, the line will be about 44 km (27 mi) long with 37 stations and will serve more than half a million commuters daily.