Go-Ahead Singapore enters Singapore bus market
The Go-Ahead Group is pleased to announce that it has been awarded the Loyang contract by the Land Transport Authority (LTA) of Singapore and will enter the Singapore bus market in September 2016. The contract, operating 25 routes with approximately 900 employees, is expected to generate total revenues of around S$500m (£230m) over five years. There is also the option of a two-year extension based on good performance. Singapore’s bus contracts system is modelled on London’s and, as London’s largest bus operator, Go-Ahead is well positioned to deliver high quality services in Singapore. The Group has carried out extensive research in support of its bid to operate there.
David Brown, Group Chief Executive Officer said: “As a well-established and the largest operator of bus services on behalf of Transport for London we have a strong track record of providing passenger transport in busy urban areas. We will combine our skills, experience and people-focused approach with best practice in Singapore to provide a service that customers value and our team is proud to deliver”.