Transport Minister Khaw Boon Wan calls for cost efficiency and to guard against biased regulatory regime for rail sector

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Transport Minister Khaw Boon Wan calls for cost efficiency, but warns against regulatory capture

SINGAPORE - Transport Minister Khaw Boon Wan on Monday acknowledged that rail operators had not invested enough in maintenance in earlier years, but cautioned against overspending in future.

Mr Khaw was speaking at the 8th Joint Forum on Infrastructure Maintenance at the Land Transport Authority's headquarters in Hampshire Road, where he emphasised the need to focus on cost efficiency. He said an"unambiguous One Transport culture" has been key to Singapore turning its problematic rail network around, with reliability at one million train-km between delays - several folds better than what it was in 2012.

The minister said Singapore has corrected the under-investment in O&M"in our recent past history when some operators got distracted". "They are working with the rail operators to formulate Singapore Rail O&M standards to raise the reliability, safety and productivity of railway systems, as well as building the capabilities and expertise of our local enterprises to service the railway sector in Singapore and potentially the region.

 

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Fare increase liao talk so much..

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