22 Feb '12, 3pm

Govt's move to fund bus purchases sparks public concern

Govt's move to fund bus purchases sparks public concern

SINGAPORE: The government's move to spend S$1.1 billion over the next 10 years to fund the purchase of 550 SBS Transit and SMRT buses has sparked concerns among some Singaporeans. A few have written to the government's feedback portal REACH, questioning why the government is using public funds to help profit-driven companies. SBS Transit and SMRT are public-listed private enterprises. Analysts said the government's move to help the two public transport operators grow their bus fleet does not mean a free lunch for them. They said commuters would stand to benefit from higher service standards, which are likely to be imposed on SBS Transit and SMRT. Observers said the government's move is not unique. In affluent cities in Europe and Australia, private operators receive public-funded buses in order to achieve a more efficient transport network. Assistant Professor Paul Barter ...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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