I read the news on last Saturday that Singapore Government is making a huge step towards overhauling our very own public bus industry, in the form of Bulim Package.
Bulim is an upcoming new depot to be built off Jurong West Avenue 2 and the Bulim Package is a tender for operators to run a package of routes for 5 years, starting 2016. (There are estimated 26 bus services operating from Bukit Batok, Clementi and Jurong East).
Soon, the current duopoly (held by SBS Transit and SMRT) will be broken up and personally think that it is the right time to shake up the Public Transport Industry here. From the report, the tender is expected to attract about a dozen bids, mostly from oversea firms (e.g. Britain, France, Australia, Hong Kong, Japan and China).
Bulim Package |
Immediately, my "investor" mind came into play and noted ...
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