Australian transport firm, Tower Transit, is one of a few firms keen on tendering for the new government-contracted bus routes and has set up a local office.
Another established foreign transport operator from France is preparing to enter the fray for a share of Singapore's bus sector.
Local and overseas bus operators are showing strong interest in the new bus sector plan and are keen to tender for routes.
The public bus industry will undergo a major shift in the way it is run starting from the second half of this year, in a move to improve bus services further.