SMRT Corporation Ltd.

SMRT’s statement in response to the PTC’s decision on fare adjustment

Press release   •   Jan 16, 2014 17:05 +08

We note the PTC's decision. It has made an attempt to achieve a balance between public affordability and the increased level of operational costs associated with the delivery of a safe, reliable and commuter-centric transport system.

SMRT supports the establishment of the Public Transport Fund to help ease the travel expenses of those in need. We are continuing with our contributions to fare concessions for the various commuter groups as determined by the PTC.

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SMRT Corporation Ltd (SMRT) is the leading multi-modal public transport operator in Singapore. SMRT serves millions of passengers daily by offering a safe, reliable and comprehensive transport network that consists of an extensive MRT and light rail system which connects seamlessly with its island-wide bus and taxi operations. SMRT also markets and leases the commercial and media spaces within its transport network, and offers engineering consultancy and project management as well as operations and maintenance services, locally and internationally.