BOT - build, operate, transfer.
This is a model many countries' government use in building major infrastructures. Private sector will chip in a lot in exchange for exclusive rights to operate the facility (tunnel, train), for a period of time (usually 30 years). When the period is up, the government will reclaim the facility and run it itself.
I'm not sure what system Singapore's MRT is based on. Privatised in the middle? And how did SBS Transit get rights to operate NEL? Do we have a BOT scheme too?
Can a public transport buff answer these queries?
Originally posted by sir_peanuts:BOT - build, operate, transfer.
This is a model many countries' government use in building major infrastructures. Private sector will chip in a lot in exchange for exclusive rights to operate the facility (tunnel, train), for a period of time (usually 30 years). When the period is up, the government will reclaim the facility and run it itself.
I'm not sure what system Singapore's MRT is based on. Privatised in the middle? And how did SBS Transit get rights to operate NEL? Do we have a BOT scheme too?
Can a public transport buff answer these queries?
Not sure but the reason for SBST to get NEL / SKG / PGL lines is to "foster competition" -- at least what LTA say so.
Originally posted by Samuel Lee:Not sure but the reason for SBST to get NEL / SKG / PGL lines is to "foster competition" -- at least what LTA say so.
how can there be competition between 2 distinctively different lines?
like comparing washing powder to chicken rice.
Originally posted by sir_peanuts:
how can there be competition between 2 distinctively different lines?like comparing washing powder to chicken rice.
So this is why I am putting "".
PS: I personally believe that SBST will tender for DTL and in the case it fails, most likely either or both ERL (Eastern Region Line) and TSL (Thomson Line) will be under SBST.
We have more upcoming unknown lines and such that later we might see competition taking place.
I'm more inclined to think that its based on Build, Order and Renew/Transfer to another operator.
I dont think Private Operators put in a lot of money. The govt invests a lot every year during the announcing of the Singapore Budget. Go see this year's regarding research on 2 car as 1 set on PGSKLRT
it's not even BOT
examples are rather Taipei MRT & Hong Kong's MTR. Taiwan in particular lots of projects are BOT based.
LTA will construct tunnels, stations and provide the first set of rolling stock. I think its funny why LTA is paying for all the rolling stock on NSEWL so far when thats the rule.
operator merely operates the line. doubt they had to commit large funds to its construction, they just had to do hiring, training and testing on top of those done by LTA.
when in operation, they will run the services and continue maintaining the station infrastructure.
contract now is typically 10-15 years after which it would be bidded again.
and I dont really see how two lines can compete too, even if they are parallel lines you would take one most convenient to you anyway.
Actually, two parallel lines operated by two different operators can foster competition as both companies have to think of innovative ideas that will enable them to pull in commuters to take their lines, such as travelling from A to B in a shorter time compared to competitor, lower fares compared to competitor etc. This is very obvious if one has actually took an in depth look at the Japan's railway system. Sadly though, the term "competition" used here is a bit "wrong".
Anyway the bidding system is not very good IMHO as this means repainting of train when trading hands, replacing of logos in station etc, which is a waste of our money.
its quite simple.. both operators are GLCs.. whats the diff...?
i dont ever expect a foreign conglomerate to privatise acquire or takeover these 2 companies
Originally posted by 105090:its quite simple.. both operators are GLCs.. whats the diff...?
i dont ever expect a foreign conglomerate to privatise acquire or takeover these 2 companies
in anyways SBS has never been a GLC. It's beginning and to-date been a special case.
Semi govt owned but expected to survive on its own too