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The Mass Rapid Transit, which opened in 1987, is a heavy rail metro system that serves as the major backbone of Singapore's public transport system along with public buses; as of November 2022, the network has a length of 229.7 km (142.73 mi) [23] and 166 stations. [24]
SMRT Corporation is a multi-modal public transport operator in Singapore operating bus and rail services. A subsidiary of the Government of Singapore's Temasek Holdings, it was established on 6 August 1987 and listed on the Singapore Exchange from 26 July 2000 until 31 October 2016.
With the Bus Service Operating Licenses (BSOL) of SBS Transit and SMRT Buses expiring on 31 August 2016, the Land Transport Authority (LTA) decided to revamp the country's bus operations into a competitive tendering process. Under the contracting model, bus operators bid for the right to operate services while with the LTA as central planner ...
Currently, the ministry commissions and regulates four individual government statutory boards: the Civil Aviation Authority of Singapore (CAAS), the Land Transport Authority (LTA), the Maritime and Port Authority of Singapore (MPA) and the Public Transport Council (PTC), which implement the ministry’s policies and tactical directions.
SBS Transit Ltd (abbreviation: SBS or SBST) is a multi-modal public transport operator in Singapore operating bus and rail services. With a majority of its shares owned by Singaporean multinational transport conglomerate ComfortDelGro Corporation at 75%, it was formerly known as Singapore Bus Services before rebranding to SBS Transit on 1 November 2001.
The Mass Rapid Transit system, locally known by the initialism MRT, is a rapid transit system in Singapore and the island country's principal mode of railway transportation. After two decades of planning the system commenced operations in November 1987 with an initial 6 km (3.7 mi) stretch consisting of five stations.
Rail transport in Singapore mainly consists of a passenger urban rail transit system spanning the entire city-state: a rapid transit system collectively known as the Mass Rapid Transit (MRT) system operated by the two biggest public transport operators SMRT Trains (SMRT Corporation) and SBS Transit, as well as several Light Rail Transit (LRT) rubber-tyred automated guideway transit lines also ...
The 1996 Rail Financing Framework was a scheme that set out the financing framework of the rail transport system. In the white paper, it was phrased that the financing framework of the rail transport system would eventually be run on the basis of partnership, which the government and its regulatory authority would provide the assets and infrastructure (which remain fully owned by the ...