Impact of Insolvency of Main Contractor for MRT Downtown Line
- The insolvency of Alpine Bau GmbH, the main contractor for three Downtown Line stations, has led to a suspension of works, with LTA securing the sites and managing subcontractors to maintain safety and equipment, resulting in an inevitable delay and additional costs for the project.
- The government has terminated Alpine's contracts and will pursue claims against the company, leveraging a significant performance bond and retention sum held by LTA to recoup some of the additional costs incurred.
- MPs expressed concern over the impact on students and traffic congestion, with the Minister assuring that minimizing delays and completing the line with as little disruption as possible is a top priority.