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Rail operators are government-assisted profit-based corporations, fares and ticketing on Singapore's Mass Rapid Transit (MRT) system are aimed to break-even or exceed operating expenses. [ 1 ] [ 2 ] Rail operators collect fares based on account-based (ABT) and card-based ticketing options, [ 3 ] [ 4 ] the prices of which are calculated based on ...
The ticket could be retained by the user after each journey and does not need to be returned. For tourists, a Singapore Tourist Pass contactless smartcard may be purchased for use on the public transport network. [204] The card may be bought at selected TransitLink ticket offices and Singapore Visitors Centres. [205]
The Port of Singapore, run by the port operators PSA International (formerly the Port of Singapore Authority) and Jurong Port, is the world's busiest in terms of shipping tonnage handled. 1.04 billion gross tons were handled in 2004, crossing the one billion mark for the first time in Singapore's maritime history.
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 ...
In some countries, the railway operating bodies are not companies, but are government departments or authorities. Particularly in many European countries beginning in the late-1980s, with privatizations and the separation of the track ownership and management from running the trains, there are now many track-only companies and train-only companies.
The Light Rail Transit system, locally known by the initialism LRT, are a series of localised automated guideway transit (AGT) systems in Singapore which acts as feeder services to the heavy rail Mass Rapid Transit (MRT), and together forms the core of the country's rail transport services.
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 ...
Avlo (Spanish pronunciation:, short for Alta Velocidad Low Cost literally "No Frills High Speed") is a low-cost high-speed rail service operated by Spanish national rail company Renfe, offering services connecting major Spanish cities such as Madrid, Zaragoza, Barcelona, Valencia, Alicante and others on specific high-speed lines.