Rail News

DATE

November 19 , 2021


Downtown Line to transition to new rail financing framework from January 2022

The Straits Times 
November 11, 2021 (Singapore)

(The Land Transport Authority and SBS Transit had reviewed the Downtown Line's financing model.)

From next January, the Downtown Line (DTL) will shift to a financing framework that will see the Government shoulder a portion of any losses made by operator SBS Transit and get a greater share of the profits.

This will bring the DTL in line with the majority of Singapore's other rail lines, except for the new Thomson-East Coast Line (TEL), which has a model where the Government collects the fares and bears the full revenue risk.

The Land Transport Authority (LTA) and SBS Transit had reviewed the DTL's financing model to ensure it can continue to deliver reliable train services in a financially sustainable manner.

Source
https://www.straitstimes.com/singapore/downtown-line-to-transition-to-new-rail-financing-framework-from-january-2022

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