NYSE:OTISMachinery
Is Otis’ (OTIS) Cross Island MRT Win in Singapore Shifting Its Infrastructure Growth Narrative?
Singapore's Land Transport Authority recently announced that Otis has been selected to supply 336 escalators, moving walkways, and 186 Gen3 elevators for the new fully underground Cross Island MRT Line, which will connect major residential and business districts across Singapore.
This contract underscores the increasing adoption of Otis' smart, IoT-enabled elevator technologies and highlights its ongoing involvement with key infrastructure projects in high-density urban areas.
We'll explore...