Rail operating subsidy rises on the back of tougher maintenance regime

The MRT network currently has one delay for every 1.6 million train-km clocked, up from 133,000 train-km in 2015.
The MRT network currently has one delay for every 1.6 million train-km clocked, up from 133,000 train-km in 2015.PHOTO: ST FILE

SINGAPORE - Higher rail reliability has come at a substantial cost, with taxpayers having to subsidise operations by nearly $600 million last year.

This is a stark change from before the new rail financing framework (NRFF) came into full effect in 2018, when operators funded asset replacements with fares - a regime which worked initially but eventually resulted in patchy service.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.