20160711 Cost per SMRT train fell by S$5.3 million after 6 years?

I refer to CNA report on defective SMRT trains dated 5 July.

CNA: “In 2009, LTA awarded a S$368 million contract to Kawasaki Heavy Industries and CSR Sifang for 22 trains.“ Cost per train in 2009 was S$16.72 million.

CNA: “Last year, LTA signed a S$137 million deal for 12 more new trains from the consortium, to run on the North-South and East-West Lines as well.” Cost per train in 2015 was S$11.41 million.

It is unbelievable that SMRT trains would cost S$5.3 million less after 6 years. Perhaps the cost savings should be passed on to commuters?

CNA report, 5 July

Advertisements
This entry was posted in SMRT/SBS TRANSIT. Bookmark the permalink.

One Response to 20160711 Cost per SMRT train fell by S$5.3 million after 6 years?

  1. Sinkie says:

    Now we know where the multi-million dollar bonuses for Chew Men Leong (LTA CEO) and Desmond Kuek Bak Chye (SMRT CEO) and other fellow cronies in MOT & LTA & SMRT & SBS & Comfort Delgro come from.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s