Singapore Infrastructure Plays

In the past decade, Singapore infrastructure has not kept up with its population growth. This resulted in MRT breakdowns, congestion and overcrowding. But urban planning takes time. The government now has a list of projects ready to roll out aggressively.

  • MRT Downtown Line – 40km, $21b
  • MRT Thomson East Coast Line – 43m, $24b
  • MRT Jurong Region Line – 20km
  • MRT North East Line Extension, 50km, $41b
  • North-South Expressway -21km, 8b
  • Singapore-Malaysia High Speed Rail.
  • Deep Sewage Tunnel – 80km, $3.4b
  • 3rd and 4th Desalination Plants
  • Changi Hospitals – $200m
  • Sengkang General Hospitals $72m
  • Outram Community Hospitals $674m
  • Woodlands General Hospital
  • Health City Novena Complex – 17ha
  • Pasir Panjang Terminal $3.5b
  • Tuas Mega Port
  • Changi Airport Terminal 5 – $985m

Credit Suisse thinks these stocks will benefit:

  • ComfortDelgro: rollout of Thomson-East Coast Line
  • Keppel Infrastructure Trust: desalination plants
  • Hock Lian Seng and OKP: public construction projects