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Bulim Package Could Transform Our Public Transport Industry
By Invest Openly  •  October 6, 2014
Bulim Package
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
Bulim Package
Immediately, my "investor" mind came into play and noted ...
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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