is TRTC run as privately listed company??
abt 30% of singapore commuters on SMRT are foreigners, are they
train to queue behind yellow lines before the door open? i dont
taipei has that much foreigners by comparison.
anyway, i am not a supporters of SMRT either.
TRTC is 73.75% owned by the Taipei City
Government. The Ministry of Transportation and
Communications owns a further 17.14% while the Taipei County
Government owns 8.75%.
SMRT is 54.4% own by the Singapore government.
Singapore Government is smarter because if they sell off some of
their the shares they can pack the passengers like sardines to make
profits.
The prime minister pretends to be concerned about the morning
hour overcrowding when they own and can control the SMRT board and
management.
Then you have to hear to lies from the transport minister that
if the MRT is not publicly listed, it would be inefficient when so
many countries have proved otherwise. Maybe what the Transport
minister really meant was SMRT would not be efficient in making
profits and packing passengers like sardines.