Singapore, one of the world's most expensive places to own a vehicle, will not allow any growth in its car population from February, citing the small city-state's land scarcity and billions of dollars in planned public transport investments. The Land Transport Authority (LTA) said it was cutting the permissible vehicle growth rate in the city-state to 0 percent from the current 0.25 percent per annum for cars and motorcycles. The rate will be reviewed in 2020. Singapore tightly controls its vehicle population by setting an annual growth rate and through a system of ...
Singapore to halt car population growth from next year
Land Transport Authority said it was cutting permissible vehicle growth rate in city-state to 0% from the current 0.25% per annum