Ever-increasing urbanisation and rapid industrialisation around the globe are fuelling the need to develop faster, more efficient, more reliable and economical modes of transportation. Subsequently, rapid transit systems are being developed, leading to an increase in the demand for more efficient and improved rolling stock. According to industry reports, global demand for rolling stock is expected to increase at a compound annual growth rate of 4.2 per cent from 2019 to 2025 with demand expected to touch $75.12 billion by 2025.
Construction of the Johor Bahru-Singapore Rapid Transit Link (RTS Link) has reached 83% completion as of July 2024 and is on track to begin operations on January 1, 2027, according to transport minister Anthony Loke. The cross-border rail service that will serve 10,000 passengers per hour in each direction with a journey time of around five minutes between the Bukit Chagar station in Johor and the other in Woodlands, Singapore. Given the immense human traffic, a huge order of rail vehicle will be required to ensure optimal service
In July 2023, the first eight four-car-trains (32 cars) commenced operations on the Malaysian Light Rail Transit (LRT) Kelana Jaya Line, with a remaining 19 trains to begin operation by the end of 2024. The trains are part of the RM 1.72 billion Kuala Lumpur Additional Vehicles 27 (KLAV27) project. The contract awarded to Bombardier and Hartasuma Sdn Bhd, is to deliver 27 Innovia Metro 300 trains (108 cars) for the LRT line with the final assembly and interior fit-outs carried out at Alstom’s Westport facility in Malaysia.
The Trains, Coaches & Carriages summit by Trueventus will feature a gathering of the world’s leading subject matter experts in the field of rolling stocks. Network with industry leaders and tune to in-depth presentations on advancements in technology, materials, safety, energy solutions and autonomy of rail vehicles.