South Korean group shows interest in second public bus contract
18 Jun 2015|2,464 views
A South Korean conglomerate has teamed up with a Singapore shipping company to bid for the second government bus contract, reported The Straits Times. To bolster its bid, the 49:51 joint venture between Kumho Buslines and Tian San Shipping has roped in former UniSIM transport expert Park Byung Joon and Professor Kim Kwang Sik, who was involved in the acclaimed 2003 Seoul Bus Reform.
Kumho Buslines' Deputy General Manager (overseas business) Han Myung Ho told The Straits Times, "Prof. Kim is very knowledgeable about bus reforms, and has been associated with the LTA Academy. "Dr. Park has lived here since 2002 and has a good understanding of the local public transport environment and culture."
The South Korean group runs mainly express services in South Korea, China, Vietnam and Cambodia. In Gwangju, a province in south-western South Korea, its fleet of 450 buses controls 82 percent of city bus services there.
The second bus contract - also known as the Loyang package, after a new depot to be built off Loyang Avenue - involves 25 routes serving areas in Punggol and Pasir Ris. Twenty two of the routes are currently run by SBS Transit, with three new routes to be added.
Other operators such as Go-Ahead, Woodlands Transport, RATP Dev Transdev Asia and Keolis have also expressed interest in bidding for the contract in the tender, which closes on 14th August. Both SBS Transit and SMRT are likely to bid too.
A South Korean conglomerate has teamed up with a Singapore shipping company to bid for the second government bus contract, reported The Straits Times. To bolster its bid, the 49:51 joint venture between Kumho Buslines and Tian San Shipping has roped in former UniSIM transport expert Park Byung Joon and Professor Kim Kwang Sik, who was involved in the acclaimed 2003 Seoul Bus Reform.
Kumho Buslines' Deputy General Manager (overseas business) Han Myung Ho told The Straits Times, "Prof. Kim is very knowledgeable about bus reforms, and has been associated with the LTA Academy. "Dr. Park has lived here since 2002 and has a good understanding of the local public transport environment and culture."
The South Korean group runs mainly express services in South Korea, China, Vietnam and Cambodia. In Gwangju, a province in south-western South Korea, its fleet of 450 buses controls 82 percent of city bus services there.
The second bus contract - also known as the Loyang package, after a new depot to be built off Loyang Avenue - involves 25 routes serving areas in Punggol and Pasir Ris. Twenty two of the routes are currently run by SBS Transit, with three new routes to be added.
Other operators such as Go-Ahead, Woodlands Transport, RATP Dev Transdev Asia and Keolis have also expressed interest in bidding for the contract in the tender, which closes on 14th August. Both SBS Transit and SMRT are likely to bid too.
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