The Land Transport Authority (LTA) met with the Chinatown Business Association to review concerns raised recently by the group in connection with the Singapore River Line ERP implementation. The productive exchange between LTA and the various business association leaders included discussion of business conditions in general and the role ERP plays.
Senior Minster of State for Transport and Finance Mrs Lim Hwee Hua revealed that LTA would be moving its ERP review of the River Line gantries to October in light of recent feedback. The review for the Singapore River gantries was originally intended to take place in November 08, to coincide with the usual quarterly review of all ERP rates. The three months from the time ERP was implemented in July 08 would however be sufficient for LTA's typical 3-month review period for monitoring purposes and for motorists' driving patterns to stabilise.
If traffic conditions warrant it, LTA will announce the review results in the later part of September and adjust the ERP rates from early October onwards.
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