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GOVT. PLANS NEW BUS SYSTEM.

The Government plans to set up a joint venture company involving the public and private sectors to run Kingston's problem-plagued bus system, Transport Minister Peter Phillips said May 28. He said the new entity, tentatively called Urban Transport Company (UTC) -- owned 50-50 by Government and private sector franchise holders -- would take over the operation of all public passenger buses in the capital. Hundreds of bus owners now operate their vehicles under a loose managerial cover provided by a number of franchise holders. The Government's Metropolitan Management Transport Holdings (MMTH) set up two years ago to purchase buses and to lease them to franchise holders as well as develop bus depots, will lease 270 new buses to the new company.
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Publication:Caribbean Update
Article Type:Article
Geographic Code:5JAMA
Date:Jul 1, 1998
Words:119
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