Oct. 14 (Bloomberg) -- Singapore’s government said it is finalizing plans to add more subways lines and extend existing ones beyond 2020 in addition to the S$80 billion already invested or committed.
It also plans to reduce the vehicle growth rate in the city state to a “more sustainable” level because of constraints in expanding the road network, the government said in a statement elaborating on plans laid out by President Tony Tan in parliament earlier this week.
The annual vehicle growth rate will be gradually lowered to 0.5 percent starting from August 2012 until 2014, from 1.5 percent a year now, Channel NewsAsia reported on its website, without saying where it got the information.
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