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Retail, advertising rights on TEL outsourced

Aug 29, 2019 - The Straits Times (Singapore)

The rights for retail and advertising on the upcoming Thomson-East Coast Line (TEL) have been outsourced, as part of efforts to improve the line's financial sustainability, the Land Transport Authority (LTA) said.

This marks the first time non-fare businesses, which are currently run by MRT operators, have been outsourced.

The move is expected to bring more than $164 million in concession fees for the LTA over the 16-year concession term.

This will begin when the 43km-long T...