Samsung C&T bags $555m Marine Parade station construction deal

Works will begin in Q1 2016.

The Korean contractor has clinched the first civil contract for the Thomson-East Coast Line (TEL), according to a release by the Land Transport Authority.

Samsung C&T Corporation will construct the Marine Parade station and its associated tunnels for a contract sum of approximately $555 million. Construction works  are expected to start by the first quarter of 2016 and targeted to complete in 2023

Samsung C&T was previously involved in the construction of North-South Line Marina South Pier station and Downtown Line 1 Telok Ayer station.

“When TEL is completed, commuters in the eastern part of Singapore will be linked directly to the north. Today, a Republic Polytechnic student will have to take an 80-minute bus ride back to his home in Marine Parade. With TEL, he will be able to reach home in an hour, a time saving of almost 25%,” LTA’s statement said.