MINISTER in the Prime Minister's Office Mrs Lim Hwee Hua
disagrees with the Workers' Party manifesto suggesting that
Singapore's public transport system should be nationalised.
'I think the underlying motivation for suggesting that public
transport should be nationalised is that it can be cheap. But
nationalising in many other countries has led to a lot of
inefficiency. And ultimately you get cheap transport but it doesn't
quite work out,' said Mrs Lim who is also the Second Minister for
Finance and Transport.
Speaking to the media at a dinner-cum-dialogue session with
residents of Hwi Yoh Court, Mrs Lim who is an MP for Aljunied GRC
explained the pros and cons of privatising a HUDC estate.
Residents of Hwi Yoh Court from Blocks 128 to 134 in Serangoon
North Avenue 1 have been on a privatisation drive of their HUDC
estate since 1997.
In order for the privatisation deal to go through, 75% of owners
in the estate would have to agree to the move. Currently, only 180
of 264 owners have signed. Three more are required to fulfill the
75% requirement.
-- ST