Don Wee on Transport Sector (Critical Firms) Bill
What is the specific risk or vulnerability that is being addressed by the Transport Sector (Critical Firms) Bill? Was there any recent incident in Singapore that prompted the introduction of the new legislation? MP Don Wee raised these questions in Parliament on Wednesday (May 8). He stated that under the designated entities regime, the key entities are the ones involved in the provision of essential transport services in Singapore. He then asked the Transport Minister to elaborate on the criteria that will be used to determine which entities qualify as essential and the implications of this designation. Mr Wee also asked if the Ministry of Transport would share the concerns and feedback from industry representatives on the Bill, particularly on its potential impact on businesses and investors and how these are addressed in the Bill.
What is the specific risk or vulnerability that is being addressed by the Transport Sector (Critical Firms) Bill? Was there any recent incident in Singapore that prompted the introduction of the new legislation? MP Don Wee raised these questions in Parliament on Wednesday (May 8). He stated that under the designated entities regime, the key entities are the ones involved in the provision of essential transport services in Singapore. He then asked the Transport Minister to elaborate on the criteria that will be used to determine which entities qualify as essential and the implications of this designation. Mr Wee also asked if the Ministry of Transport would share the concerns and feedback from industry representatives on the Bill, particularly on its potential impact on businesses and investors and how these are addressed in the Bill.