17-01-2011, 04:25 PM
> Maybe Mr. Lim quietly asked LTA to food the bill for the upgrade??
Some RC members asked this at a session chaired by Goh Chok Tong. He admitted that "we are trying to work out the cost sharing formulae". In other words, some parts will need to be paid by public.
There is no technical reason. Hong Kong MRT runs much earlier than Singapore, their train arrival interval is 1-2 mins. The train fares went up ONCE in 13-14 years. The train operator owns the land around the MRT and use revenues to improve train operations.
So HK govt policy objective is for social reasons and improve train efficiency. Singapore's method is P&L driven more important, pay and pay.
Some RC members asked this at a session chaired by Goh Chok Tong. He admitted that "we are trying to work out the cost sharing formulae". In other words, some parts will need to be paid by public.
There is no technical reason. Hong Kong MRT runs much earlier than Singapore, their train arrival interval is 1-2 mins. The train fares went up ONCE in 13-14 years. The train operator owns the land around the MRT and use revenues to improve train operations.
So HK govt policy objective is for social reasons and improve train efficiency. Singapore's method is P&L driven more important, pay and pay.