These financial statements are independent Auditor’s reports, and have been audited in accordance to the Singapore Auditing standards.

2022/2023 (PDF, 4.6MB)
2021/2022 (PDF, 1.8MB)
2020/2021 (PDF, 3.5MB)
2019/2020 (PDF, 3.8MB)
2018/2019 (PDF, 3.6MB)

Our first Sustainability Report 2022/23 lays the foundation for a transparent and accountable approach towards greening land transport. We will continue to measure and report our sustainability performance annually.

LTA has established a Green Bond Framework (GBF) to facilitate the issuance of green bonds for funding new and existing projects with environmental benefits, in alignment with the Green Bond Principles (GBP) issued by the International Capital Market Association (ICMA).

LTA appointed S&P Global Ratings Singapore Pte Ltd, an independent external reviewer, to provide a Second Party Opinion (SPO) of LTA’s GBF. S&P has affirmed that LTA’s GBF is aligned with the ICMA GBP and ASEAN Green Bond Standards.

• LTA Green Bond Framework (PDF, 690kB)
• Second Party Opinion Report (PDF, 292KB)

The Land Transport Authority (LTA) carried out an Environmental Impact Study (EIS) to assess the potential environmental impacts arising from, and associated with, the construction and operation of the CRL2. Nature Groups were engaged at various stages of the EIS process to discuss the EIS findings and co-develop design optimisation and mitigation measures. The study concluded that the environmental impact can be adequately managed with mitigation measures such as locating worksites outside the identified areas of high biodiversity conservation value, where possible, and implementing a robust Environmental Monitoring and Management Plan (EMMP).

The reports can be accessed here:

Report on Worksites outside Central Catchment Nature Reserve (CCNR) near Windsor and Eng Neo Avenue

• Non-Technical Summary (PDF, 2.5MB)
• Full Report - Part 1 of 5 (PDF, 8.6MB)
• Full Report - Part 2 of 5 (PDF, 24.6MB)
• Full Report - Part 3 of 5 (PDF, 23.9MB)
• Full Report - Part 4 of 5 (PDF, 24.4MB)
• Full Report - Part 5 of 5 (PDF, 23.2MB)

Report on Stations in the vicinity of Turf City and Holland Plain

• Non-Technical Summary (PDF, 2.5MB)
• Full Report - Part 1 of 5 (PDF, 11.6MB)
• Full Report - Part 2 of 5 (PDF, 21.0MB)
• Full Report - Part 3 of 5 (PDF, 19.6MB)
• Full Report - Part 4 of 5 (PDF, 28.6MB)
• Full Report - Part 5 of 5 (PDF, 19.5MB)

Report on Station in the vicinity of Clementi and Maju

• Non-Technical Summary (PDF, 2.5MB)
• Full Report - Part 1 of 5 (PDF, 7.8MB)
• Full Report - Part 2 of 5 (PDF, 21.8MB)
• Full Report - Part 3 of 5 (PDF, 16.4MB)
• Full Report - Part 4 of 5 (PDF, 15.0MB)
• Full Report - Part 5 of 5 (PDF, 17.0MB)

LTA has carefully considered all feedback received. Read the summary of response to feedback (PDF, 1.1MB) that was received from 10 October to 7 November 2022.

Heritage Impact Assessment for CRL works at former Bukit Timah Turf Club

URA has commissioned a heritage study for the areas that will be affected by or in close proximity to the construction of the Turf City station as part of a larger ongoing Heritage Impact Assessment (HIA) for the former Bukit Timah Turf Club.

In the planning of the Turf City station, agencies have considered the preliminary findings of the overall HIA, including the heritage significance of the former Bukit Timah Turf Club site and the potential impact of the CRL2 related works and have adjusted the plans and developed mitigating measures to minimise the impact. This study concludes that the proposed construction of Turf City station and associated tunnels within the former Bukit Timah Turf Club does not significantly affect the heritage value of the area.

After in-depth studies of both alignment options, the Government has decided to adopt direct alignment for the stretch of the Cross Island Line (CRL) in the vicinity of the Central Catchment Nature Reserve (CCNR). In reaching this decision, the Government has considered various factors, including the concerns expressed by all stakeholders and the findings of the comprehensive two-phased Environmental Impact Assessment (EIA).

The nature groups, a key stakeholder, were also engaged by LTA to seek valuable input throughout the planning process. They have shared their collective response to the environmental studies for CRL.

The reports for the two EIA phases were shared with the public in 2016 and 2019 respectively. The EIA Phase 2 can be found below.

Alignment Options for CRL - EIA Phase 2 Report Summary (PDF, 7.2MB)

• Volume I (PDF, 12.2MB)
• Volume II (PDF, 13.5MB)
• Volume III (PDF, 24MB)
• Volume IV (PDF, 25.6MB)

An Environmental Impact Study (EIS) was undertaken to evaluate the construction of a 800m viaduct within Sembawang Woods as part of building the North-South Corridor. Nature Groups were engaged to review the anticipated environmental impacts and proposed mitigating measures. The consensus and overall assessment are that with the agreed mitigation measures, the impact will be brought to acceptable and inconsequential levels.

Click to read the full EIS report (PDF, 6MB). To provide feedback, email Mr Bernard Lim at lim_hock_siew@lta.gov.sg.

An Environmental Impact Assessment (EIA) was undertaken to evaluate the construction of a vehicular interchange at KJE that will serve the new Tengah Town. Nature Groups were engaged to review the anticipated environmental impacts and proposed mitigating measures. The overall assessment is that with the implementation of proposed mitigation measures, the impacts will be brought to acceptable levels.

Read the full EIA report below.

• EIA for the Tengah Vehicular Interchange at KJE (PDF, 17.1MB)
• Appendices (Part 1 of 2) – EIA for the Tengah Vehicular Interchange at KJE (PDF, 18.6MB)
• Appendices (Part 2 of 2) – EIA for the Tengah Vehicular Interchange at KJE (PDF, 15.7MB)

An Environmental Impact Study (EIS) was undertaken to evaluate the construction impacts of road widening works along sections of Loyang Avenue, Telok Paku Road, Nicoll Drive and Changi Coast Road. Nature Groups were engaged to review the anticipated environmental impacts and proposed mitigating measures. The overall assessment is that with the implementation of proposed mitigation measures, the impacts will be brought to acceptable levels.

Read the EIS report summary (PDF, 456kB) and provide your feedback. For viewing of the full report at LTA Hampshire Road Office, please contact Ms Lim Bee Keow at 6396 2190 or email lim_bee_keow@lta.gov.sg for an appointment to view.