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ComfortDelGro Commits Over S$200 Million to Next-Generation Driving Centre in Singapore

Story Highlights
  • ComfortDelGro will invest over S$200 million to modernise and expand Singapore’s driving education over the next 30 years.
  • A new AI-enabled Next-Generation Driving Centre in Choa Chu Kang will boost training capacity and shift towards instructor-less driver training by 2030.
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ComfortDelGro Commits Over S$200 Million to Next-Generation Driving Centre in Singapore

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Comfortdelgro ( (SG:C52) ) has issued an update.

ComfortDelGro will invest more than S$200 million over 30 years to modernise and expand driving education in Singapore, including developing a Next-Generation Driving Centre at Lorong Bistari in Choa Chu Kang to replace Bukit Batok Driving Centre by 2030. The flagship multi-storey facility will significantly increase training capacity and deploy intelligent driving circuit technologies such as sensors, cameras and AI-driven assessments to enable more objective, instructor-less training, improve productivity, and strengthen ComfortDelGro’s role in shaping Singapore’s long-term transport and road safety landscape.

The most recent analyst rating on (SG:C52) stock is a Buy with a S$1.50 price target. To see the full list of analyst forecasts on Comfortdelgro stock, see the SG:C52 Stock Forecast page.

More about Comfortdelgro

ComfortDelGro Corporation Limited is a Singapore-based transport group with leading positions in both public and private transport services. Through its subsidiary ComfortDelGro Driving Centre, the company provides school-based driver training and driving education, serving sustained demand in Singapore amid a decline in private driving instructors.

Average Trading Volume: 8,904,286

Technical Sentiment Signal: Buy

Current Market Cap: S$3.08B

Find detailed analytics on C52 stock on TipRanks’ Stock Analysis page.

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