09 Mar '12, 11pm

COS 2012: Vehicle Quota System improvements: Many working families with young children or elderly parents seek t...

Committee of Supply Debate (Ministry of Transport), 7 March 2012 ————- Mr Chairman, The Vehicle Quota System (VQS) exists to limit Singapore’s vehicle population growth rate. This is necessary because of Singapore’s limited land area and growing population. The VQS is managed through the issuance of a limited number of COEs each year. There are currently 5 categories of COEs—of which Categories A and B are for private cars. Category A is for taxis and small cars below 1,600cc; and Category B is for larger cars above 1,600cc. Sir, many working families with young children or elderly parents seek to own a car, not for a status symbol, but as a utility to help them cope with their busy schedules and multiple responsibilities. There have been concerns expressed by Singaporeans in newspapers and online that the inclusion of taxis in COE Category A could have an effect of pushin...

Full article: http://geraldgiam.sg/2012/03/cos-2012-vehicle-quota-syste...

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