Friday, January 20, 2012

More than $400m collected from ERP over 3 years

In the past three years, the Government has collected more than $400 million in revenue from drivers who pay for Electronic Road Pricing (ERP) charges, The Straits Times reported on Wednesday.

This was revealed in Parliament on Wednesday when Transport Minister Lui Tuck Yew responded to a question by Non-Constituency Member of Parliament (NCMP) Lina Chiam.

For the financial year 2009, the Government collected $149 million.

For FY2010, it collected $159 million. And for FY2011 up to end-October, a total of $97 million was collected, the report added.

Mr Lui emphasised that the ERP system is to 'manage congestion and not generate revenue', the report said.

The Nicoll Highway gantry collects the biggest amount in terms of weekday revenue, Mr Lui said. It collects about $32,000 daily on average.

At the other end lies the gantry along Upper Boon Keng, which collects about $130 daily on average.

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