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SINGAPORE. +21 %. MALAYASIA. SINGAPORE ISLAND. Land Transport Strategy. Demand Management. Public Transport. Use market mechanism to allocate scarce road resources Restrain Car ownership to grow @ 3% per year Invest US$1B a year in new rail systems for next 25 years
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SINGAPORE +21 %
MALAYASIA SINGAPORE ISLAND
Land Transport Strategy Demand Management Public Transport • Use market mechanism to allocate scarce road resources • Restrain Car ownership to grow @ 3% per year • Invest US$1B a year in new rail systems for next 25 years • Integrate residential and commercial developments in new towns to reduce pressure on the Central Business District
ELECTRONIC ROAD PRICING SYSTEM -ERP Operational in April 1998
PRESENT NETWORKRED(NS line) + GREEN(EW line) = 89.4 km. RED, GREEN,GREY(LRT) Lines are operational
Rapid Transit Network - 2030 N WOODLANDS SELETAR TAMPINES JURONG EAST Heavy Capacity Strategic MRT Medium Capacity Strategic LRT Light Capacity LRT
Target Current 25% 37% 63% 75% Private Transport Public Transport
SOME LEARNING FOR DMRCFinancing Economic viability Benefits > Costs Financial viability Revenue > Ops. Costs • Criteria for Development: • Government pays: • Physical Infrastructure • First Set of Operating Assets • Inflationary Cost of Next Set of Operating Assets $ $ $ No Subsidy on Direct Operating Cost ( No free lunch ! )