Minister Lui explained that if public transport were to be nationalised, operators would be dependent on government funding as well as operate on a cost recovery basis. This he added, would not spur them to lower transport costs.
Instead, costs increases will be transferred to commuters who are then required to pay higher fares for the same level of service.
He pointed out that this idea would result in commuters and taxpayers -- those who do not take public transport -- paying more, and possibly, for a poorer level of service over time. Full story
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