We thank Mr Lee Kek Chin and Mr Adam Reutens-Tan for their comments. Stepped-up operations and maintenance, and prompt asset renewals have improved rail reliability significantly. With intensified maintenance, the operating costs of running the rail network have increased by $270 million between 2016 and 2017. This is separate from the $2 billion spent by the Government on renewing key systems for NSEWL. We agree with Mr Lee that regular maintenance can keep systems in good condition, and delay the need to replace assets. However, as hardware approaches the end of its shelf life, it has to be replaced to ensure public safety. The losses incurred by the two rail operators are reflected in their financial reports. In the financial year ending on Mar 31, 2018, SMRT Trains reported a loss of $86 million. SBS Transit’s DTL has similarly registered losses of $125 million over the past three years, while its train division as a whole also lost tens of millions of dollars. PTC will find the right balance of costs to be shared between operators, taxpayers and commuters.... Continue Reading