It is with the new Land Transport Masterplan in
mind that the Singapore Urban Transport Solution is
initiated. There is an imperative need to research and
develop new ideas and solutions to meet tomorrow’s
urban transportation needs. To catalyse innovation
in land transport development, LTA launched a $50
million Land Transport Innovation Fund in March 2008
for collaborations and joint research with industry
partners and academic institutions. The purpose is
to attract new ideas and spur innovations that will
further enhance the convenience, efficiency and userfriendliness
of our people-centred land transport
system.
LTA needs to develop new capabilities to improve
our management of public transport, overall
land transport planning and expand our scope of
e-Services to the customer, commuter and community.
A holistic approach is taken to integrate every aspect
of land transport systems and new explorations
to realise this Singapore Urban Transport Solution
initiative.
Here at LTA, we believe every idea deserves the
opportunity to be nurtured to greater heights. Thus
in March 2006, the Land Transport Innovation Fund
(LTIF) was setup to facilitate innovation and technological
advances in Singapore’s land transportation
arena.
With the announcement of the Land Transport Review,
the $50 million Land Transport Innovation Fund (LTIF)
will be used to strengthen LTA’s collaborative
efforts with its local and overseas partners, catalyse
Singapore’s pursuit of innovation excellence
in the delivery of land transport and bring the
best ideas together to meet the vision of building
an efficient, sustainable and people-centred land
transport system.
Land Transport Authority (LTA) encourages its partners
and suppliers to come forth with innovative ideas
and actively participate in shaping Singapore’s
land transport development for the future.