Reviewing COE Growth Rate Per Year

Parliament of Singapore · 9 May 2016

Official Report, 9 May 2016, Vol 94, Issue 20 · Open in the reader (summaries, search, filters)

Gan Thiam PohKhaw Boon Wan
39

Mr Gan Thiam Poh asked the Minister for Transport whether the Ministry will review the present COE growth rate per year.

Mr Khaw Boon Wan: The allowable Vehicle Growth Rate is currently 0.25% per year, effective until January 2018. We will review this again in 2017 with a view to reducing it to zero eventually.

Source: Singapore Parliament Official Report (Hansard) for 9 May 2016. Republished on SGParliament.