HCMC cancels electronic bus fare project

People’s Committee has decided to cancel electronic bus fare project as per a public-private partnership (PPP) project (build, own, operate contract (BOO), said the Department of Transport.

HCMC cancels electronic bus fare project

The Department was assigned to find out a partner to carry out a pilot project of electronic payment with various payment functions for future use.
The committee said that public transport such as metro and bus rapid transit; accordingly, fare collection system should be linked so that passengers keep a smart fare each only which can pay for all types of public transport.
BOO (build, own, operate) is a public-private partnership (PPP) project model in which a private organization builds, owns and operates some facility or structure with some degree of encouragement from the government.

By QUOC HUNG - Translated by UYEN PHUONG

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