China's PCI Technology, Singapore's SMRT Corp to jointly tap opportunities in Southeast Asia

PCI Asia Technology Pte Ltd, a wholly-owned subsidiary of AI technology and service provider PCI Technology Group Co, and STRIDES Far East Pte Ltd, a wholly-owned subsidiary of SMRT Corporation Ltd, have launched a joint venture in Singapore, looking for smart mobility and rail technology opportunities in Southeast Asia.

Headquartered in Singapore, the joint venture will combine the parent companies' advanced rail technology and systems integration capabilities, with extensive expertise in rail operations, maintenance know-how and asset management.

The joint venture will deliver solutions including automated fare collection, integrated supervisory control systems, signaling systems, communications systems, power supply systems, rail systems integration, digital rail and mobility platforms, and life cycle support services for railway and public transport operators.

PCI, based in Guangzhou, the capital of Guangdong province, has long specialized in smart rail transit solutions and offers a full-stack portfolio of technologies, products and solutions, which have been widely used in 49 cities worldwide, across 130 rail lines and over 2,500 metro stations and 4,600 kilometers of rail lines.

As Singapore's leading public transport operator, SMRT brings nearly four decades of experience operating and maintaining rail networks in Singapore's dense, high-demand urban rail market.

Both parties will bring to market rail solutions and innovations that help railway operators improve operational reliability, operating efficiency, passenger experience and asset performance, and support the efficient management of rail assets throughout their lifecycle.

In its initial phase, the joint venture will focus primarily on opportunities in Southeast Asia, particularly in markets such as Thailand, Malaysia and Indonesia, as these countries continue to increase investment in rail infrastructure and urban mobility, creating further market opportunities.

Over the longer term, the joint venture's business will expand into selected markets in the Middle East, Central Asia and North Africa.