SINGAPORE (Jan 25): By 2030, the Singapore Government aims to have 75% of commuters use public transport as their main mode of travel. That is an increase from the current levels of about 59%.

To get there, the government has already outlined its plans to increase the rail network from 183 km now to 280 km by 2020, and then again to 360 km by 2030.

With the opening of the third phase of the Downtown Line in September, Daiwa Capital Markets believes it will transfer ridership market share to the line, and reduce the congestion on the 30 year old North-South and East-West lines. At the same time, it would also help to reduce the congestion on major roads like Bukit Timah Road, and improve bus services plying those roads as well.

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