SINGAPORE: The bus financing framework will be refined, to help achieve greater level of parity with the rail financing framework.
Transport Minister Lui Tuck Yew said in Parliament that there remains a marked difference between the support given to the bus and rail sectors.
For instance, the
government funds the development and land costs for rail depots, and
grants rail operators the right to generate and retain non-fare revenue
such as advertising revenue in their MRT stations.
Such support is comparatively lacking in the bus sector.
So
going forward, consistent with what is done for the rail industry, the
government will bear the development and land costs for bus depots and
bus parking infrastructure, and lease these to bus operators at a
nominal fee.
This will also lower the entry barriers for new
operators when contestability in the bus industry is introduced, as bus
parking and depots are key infrastructure for running bus services.
Mr
Lui said operators will also be allowed to retain a portion of the
advertising revenue from bus shelters, which today is retained by the
government.
He said this will provide the PTOs some help to cope with rising costs in the future.
- CNA/cc
Hmm SMRT should take advantage of this.Shift Ang Mo Kio to somewhere near Lentor and KJDEP to Bukit Batok.3 storey bus park will be sufficient.
on the other hand SBST need to venture somewhere near town area for a bus park.
Will the 40 new bus routes use Citaros???
Originally posted by sbst275:I alrdy said, $280m for 550 buses.. Single decks meh?
Bendy demo..... 550 Citaro Gs!!!!!
Originally posted by SMB228X:Bendy demo..... 550 Citaro Gs!!!!!
You want the nonsense 5 bendy buses appearing together which created massive bus backlog?
I think you haven't had a taste of it...
Even London is no longer buying anymore Citaro G...
Buy something is meant to be used, not to feed one's fetish and create misery to everyone else.
Sbst275 ignore him la,No point talking to this goon