Louis Ng on Transport Sector (Critical Firms) Bill

How does the Ministry of Transport (MOT) expect the Transport Sector (Critical Firms) Bill to impact the transport sector in Singapore? How many entities are expected to be designated as essential transport services under this Bill? Is MOT concerned that the increased regulation and control may affect the growth of Singapore's transport sector by slowing down business transactions or increasing barriers for new enterprises? MP Louis Ng asked these questions in Parliament on Wednesday (May 8). Noting that many of the provisions in the Bill and powers granted to MOT mirror those found in the Significant Investments Review Act (SIRA), he wanted to know why separate rules are created in this Bill under four different Acts, rather than being implemented through the framework created under SIRA.