Singapore To Curb Car Growth
Saturday, 1st October 2011
Singapore Minister for Transport Lui Tuck Yew has said that Singapore's annual vehicle growth cap would be cut further from 2012. The annual vehicle population growth rate will be lowered from the current 1.5% to 1.0% in 2012, and then to 0.5% in 2013 and 2014. Singapore has all the mechanism to implement it easily by throttling the COE quota.