New metro concession model agreed in Singapore

Land Transport Authority announced on July 15 that it had reached an agreement with concessionaire SMRT for implementation of the government’s New Rail Financing Framework model.

SINGAPORE: The Land Transport Authority announced on July 15 that it had reached an agreement with concessionaire SMRT for implementation of the government’s New Rail Financing Framework model on the North-South and East-West metro lines, the Circle Line and the Bukit Panjang LRT.

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