Otis to supply 522 elevators and escalators for Singapore's Cross Island Line.
PorAinvest
miércoles, 20 de agosto de 2025, 7:31 am ET1 min de lectura
OTIS--
Under the terms of the contract, Otis will provide 336 heavy-duty escalators and moving walkways, along with 186 Gen3™ elevators. These advanced systems will be integrated into the Cross Island Line, which is set to become Singapore's longest fully underground MRT line. The CIL will connect major hubs, including the Jurong Lake District, Punggol Digital District, and Changi regions, thereby expanding accessibility and convenience across the island.
The Gen3™ elevators are equipped with the Otis ONE™ IoT digital platform, which offers real-time performance monitoring, predictive maintenance, and proactive communication. This technology enables Otis to provide more reliable operations and minimize downtime, thereby enhancing the overall passenger experience. The heavy-duty escalators and moving walkways are designed to meet the demands of high-traffic environments, ensuring safety and efficiency.
This contract is a significant addition to Otis's existing portfolio of projects in Singapore, where the company has previously installed and maintained elevators and escalators across several MRT lines, including the North-South Line, East-West Line, North-East Line, Downtown Line, Tuas West Extension, and Thomson-East Coast Line Stages 1 to 3. The contract's value was not disclosed, but it is expected to boost Otis's market position in the Asia-Pacific region and contribute to its recurring service revenue potential.
The selection of Otis for this project underscores the company's established track record in providing reliable and innovative vertical transportation solutions. Its extensive experience in infrastructure projects and commitment to enhancing connectivity, convenience, and sustainability within Singapore's land transport network have been key factors in securing this contract.
References:
[1] https://www.prnewswire.com/news-releases/otis-chosen-to-help-connect-singapore-on-cross-island-line-phase-1-and-punggol-extension-302533578.html
[2] https://www.stocktitan.net/news/OTIS/otis-chosen-to-help-connect-singapore-on-cross-island-line-phase-1-1zngqdkb3nff.html
Otis, the world's leading elevator and escalator manufacturer, has been selected by the Land Transport Authority to provide equipment for Singapore's new Cross Island Line MRT. Otis will supply 336 escalators and moving walkways, as well as 186 Gen3™ elevators, to enhance the transport experience. The Cross Island Line will connect major hubs, including Jurong Lake District, Punggol Digital District, and Changi regions.
Otis Worldwide Corporation (NYSE: OTIS) has been selected by the Land Transport Authority (LTA) of Singapore to supply vertical transportation solutions for the Cross Island Line (CIL) Phase 1 and Punggol Extension of the Mass Rail Transport (MRT) system. The agreement marks a significant milestone in Singapore's ongoing efforts to enhance its public transportation infrastructure.Under the terms of the contract, Otis will provide 336 heavy-duty escalators and moving walkways, along with 186 Gen3™ elevators. These advanced systems will be integrated into the Cross Island Line, which is set to become Singapore's longest fully underground MRT line. The CIL will connect major hubs, including the Jurong Lake District, Punggol Digital District, and Changi regions, thereby expanding accessibility and convenience across the island.
The Gen3™ elevators are equipped with the Otis ONE™ IoT digital platform, which offers real-time performance monitoring, predictive maintenance, and proactive communication. This technology enables Otis to provide more reliable operations and minimize downtime, thereby enhancing the overall passenger experience. The heavy-duty escalators and moving walkways are designed to meet the demands of high-traffic environments, ensuring safety and efficiency.
This contract is a significant addition to Otis's existing portfolio of projects in Singapore, where the company has previously installed and maintained elevators and escalators across several MRT lines, including the North-South Line, East-West Line, North-East Line, Downtown Line, Tuas West Extension, and Thomson-East Coast Line Stages 1 to 3. The contract's value was not disclosed, but it is expected to boost Otis's market position in the Asia-Pacific region and contribute to its recurring service revenue potential.
The selection of Otis for this project underscores the company's established track record in providing reliable and innovative vertical transportation solutions. Its extensive experience in infrastructure projects and commitment to enhancing connectivity, convenience, and sustainability within Singapore's land transport network have been key factors in securing this contract.
References:
[1] https://www.prnewswire.com/news-releases/otis-chosen-to-help-connect-singapore-on-cross-island-line-phase-1-and-punggol-extension-302533578.html
[2] https://www.stocktitan.net/news/OTIS/otis-chosen-to-help-connect-singapore-on-cross-island-line-phase-1-1zngqdkb3nff.html
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