Leong Wee Keat, Today Online 19 Mar 08;
A $50-million Land Transport Innovation Fund to promote research and development efforts was launched by Transport Minister Raymond Lim yesterday. While this will bolster collaboration on innovative projects between the Land Transport Authority (LTA) and its partners, commuters and transport users here, too, stand to benefit.
Take for instance the Ez-Link card, one of the 50 projects initiated thus far by the LTA with industry partners. It gave consumers the ease and convenience of using one card to make e-payments for their everyday needs.
Under the new scheme, a proposed project must support LTA's vision for a people-centred land transport system, in order to get funding. Applications must also be from a Singapore-based organisation, with disbursements capped at $1 million per project and up to a year's trial period.
"LTA aims to encourage its partners and suppliers to come forth with innovative ideas and actively participate in shaping Singapore's land transport development for the future," said Mr Lim at the inaugural Land Transport Excellence Awards, at which 14 individuals and organisations were honoured.
SMRT, which won the most customer friendly transport award, told Today it has not made a decision whether to appeal the $387,176 fine imposed by the LTA for January's seven-hour disruption in train services between Tanah Merah and Pasir Ris MRT stations.
SMRT has until Monday to decide.
LTA launches S$50m fund to promote innovation in transport sector
Channel NewsAsia 19 Mar 08;
A S$50 million fund has been set up to promote innovation in the transport sector.
Transport Minister Raymond Lim launched the new fund at the inaugural Land Transport Excellence Awards on Tuesday evening.
Last year, real-time bus arrival information screens were installed at Orchard Road to take the guesswork out of commuting. It is one of 50 innovative projects initiated by the Land Transport Authority (LTA) with industry partners to make travelling more convenient.
Now the LTA wants to further build on such partnerships with the launch of the S$50 million Land Transport Innovation Fund.
Mr Lim said: "This fund will strengthen LTA's collaborative efforts with its local and overseas partners, tap on their innovation capabilities, and catalyse Singapore's pursuit of innovation excellence in the delivery of land transport.
"LTA aims to encourage its partners and suppliers to come forth with innovative ideas and actively participate in shaping Singapore's land transport development for the future."
Innovation was recognised at the first Land Transport Excellence Awards ceremony. Sixty projects were submitted for consideration.
Categories included "Most Eco-friendly Transport", which went to SMART Taxi for its fleet of cabs which run on compressed natural gas.
Diverting the Geylang River and soft marine clay were two problems Sembawang Engineers and Constructors faced when building the Kallang-Paya Lebar Expressway (KPE).
However, the company still managed to build the stretch of KPE from the Nicoll Highway to the PIE on time and without compromising on quality or safety. The challenging work earned Sembawang Engineers and Constructors the "Best Managed Project Award".
Two individuals were also recognised for their contributions to developing the transport sector.
The "Distinguished Contribution Award" was presented to Mr Fock Siew Wah, who was Chairman of the LTA from 1995 to 2002.
He encouraged LTA to use technology to improve traffic systems and customer service. Such initiatives included Electronic Road Pricing, the first congestion management tool of its kind in the world.
Dr Michael Fam, Chairman of the Mass Rapid Transit Corporation from 1983 to 1991, received the Special Contribution Award. He led the team that completed the North-South Line, ahead of schedule and well within budget. - CNA/ch
Singapore Land Transport Authority funds more R&D
posted by Ria Tan at 3/19/2008 08:59:00 AM