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SINGAPORE – The Government is injecting $100 million to better train rail workers here, easing rail operators’ cost burden as the industry strives to meet Singapore’s 21st century transport needs.
The Rail Manpower Development Package (RMDP), announced by Transport Minister Khaw Boon Wan at a transport workers’ appreciation event on Saturday (Nov 9), will become the main source of training funds for MRT and LRT workers in the next five years.
“Operators are financially not the most healthy at the moment… In order not to hold back such investments, the Government, through the Land Transport Authority (LTA), will co-invest,” said Mr Khaw in his speech at the event.
“That way, the worker will have the tools to do what is necessary to raise their productivity and do their job better… The bottom line is we want to improve service levels for the commuters.”
In the 12 months to end-March this year, SMRT Trains’ losses hit $155 million – almost double from a year ago – with spending on repairs and maintenance accounting for about 71 per cent of rail-fare revenue.
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