PSP Proposes Hybrid COE System Based on Needs

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PSP Proposes Hybrid COE System Based on Needs
COESingaporeHybrid System
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The Progress Singapore Party (PSP) has suggested a hybrid Certificate of Entitlement (COE) system that considers both economic and social factors in allocating private car ownership, specifically for categories A, B, and D. NCMP Hazel Poa proposed using COE credits distributed monthly by the Government, based on factors like nationality and number of children. Senior Minister of State for Transport Amy Khor raised concerns about the complexity and potential for black markets, emphasizing the current system's transparency and affordability.

The Progress Singapore Party has proposed a hybrid Certificate of Entitlement system that takes into account both economic and social factors in the allocation of private vehicles, which will only apply to categories A, B and D.

Hazel Poa highlighted the key features in an adjournment motion in Parliament on Tuesday . She also proposed the creation of a separate COE category for private-hire cars. Elaborating on the COE system that takes into account needs factors, she said bids should be placed using COE credits. These would be distributed by the Government to adult Singapore citizens and Permanent Residents each month.

Hazel Poa highlighted the key features in an adjournment motion in Parliament on Tuesday . She also proposed the creation of a separate COE category for private-hire cars. Elaborating on the COE system that takes into account needs factors, she said bids should be placed using COE credits. These would be distributed by the Government to adult Singapore citizens and Permanent Residents each month.

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