As public transport service standards improve
in the coming years, commuters can expect fares to rise as
well.
This is because the improvements come at a price as the
Government invests more in buses and trains, said Transport
Minister Khaw Boon Wan.
During the debate of his ministry's budget in
Parliament yesterday, Mr Khaw said that improvements to public
transport services had pushed up operating costs by about 60 per
cent over the past five years.
"This huge cost increase has been borne by the
Government. Namely, taxpayers. Against such rising cost, fares have
gone down by 2 per cent over the same period," he said.
While underscoring that transport fares must remain
affordable, Mr Khaw cautioned against pricing it too cheaply as
maintaining Singapore's top-notch transport system requires
resources.
He agreed with Miss Cheng Li Hui (Tampines GRC) that
the current fare formula was inadequate, and there had been an
alarming spike in public transport subsidies.
Mr Khaw, who is also the Coordinating Minister for
Infrastructure, said: "Cheap fares are popular, but they are not
sustainable."
Over the next five years, Mr Khaw said the Government
will spend about $5 billion on public bus services subsidies and $4
billion to renew rail operating assets.
Another $20 billion will be invested in infrastructure
to further expand the public transport network, he added.
Mr Khaw said: "The Government will continue to
subsidise public transport to keep fares affordable. However, every
dollar spent on transport is a dollar less for other expenditure
like schools, healthcare and security."
The Public Transport Council is currently reviewing the
fare formula.
Commuters must expect more early closures and late
openings (ECLO) of train stations on the North-South and East-West
lines (NSEWL). These will continue beyond June, said Mr Khaw.
Last December, service hours on these lines were
shortened to allow for maintenance and repair works.
The Land Transport Authority and SMRT said yesterday
that this move had sped up the installation and testing of the new
signalling system along the East-West Line by six months. But more
time was needed to rejuvenate the NSEWL lines' critical rail
systems.
Responding to Mr Melvin Yong's (Tanjong Pagar GRC)
question regarding this issue, Mr Khaw said: "ECLO will continue,
especially for old lines where we have to juggle limited
engineering time between maintenance and the renewal of ageing
systems."
TNP