Public-private partnerships in urban mobility
CITIES like Singapore need efficient transportation systems to physically connect people, goods and places. The development of transport systems is ever dynamic, influenced by evolving demand, new technologies and upcoming trends. Key trends include a heightened focus on sustainability and greater use of digital technologies. In recent years, more public-private partnerships (PPPs) have begun to shape the development and provision of smart urban mobility solutions in our cities. These are collaborations between the government and industry players that enhance the provision of transport services, offering greater convenience and comfort for everyone, and enabling new service models to achieve commercial viability.
Given rapid developments in the transport sector, there is a need for nimbleness and for all stakeholders to work together. Let us explore public-private partnerships with a few examples.
The rise of shared mobility
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Opinion & Features
Asset owners can’t afford to sidestep sustainability
Japan should leave the yen bazooka at home
Abandoned seafarers: an unacceptable face of the shipping industry
Proposed rules on shareholder-requisitioned meetings can reduce uncertainty
The Fed’s quantitative easing programme has cost too much
Climate philanthropy key to South-east Asia’s green transition