The contract to build a four-in-one rail and bus depot has been awarded to Korea-based GS Engineering & Construction Corporation for around $1.99 billion, the Land Transport Authority (LTA) has announced, reported The Straits Times. 

Believed to be the world's first such facility, the East Coast Integrated Depot will contain three train depots and one bus depot within a single site, capable of housing around 220 trains and 550 buses.

Works for the East Coast Integrated Depot and associated tunnels will start in the second quarter of 2016 and is targeted for completion in 2024. The three train depots in the facility will be stacked one on top of the other, with a bus depot built next to them. The depot to serve the Downtown Line will be built underground, the Thomson-East Coast Line (TEL) depot on the road level, and the East-West Line depot on top of it.

Separately, the LTA also announced that it has awarded three more rail project contracts, for the construction of the TEL Bayshore Station, Siglap Station and Xilin Station. Works for all three projects are expected to start in the second quarter of 2016. The Bayshore and Siglap stations are targeted for completion in 2023 while Xilin station is scheduled to be completed in 2024.