The Land Transport Authority of Singapore (LTA) has opened its bike-sharing license application cycle yet again.
License applications are open every January and July, and this time round it is open from 22 July to 26 August.
This means that companies that want to start offering bike-sharing services, and/or existing operators which want to expand their fleets may now submit their applications to LTA.
New firms can apply for a sandbox license to start bike-sharing operations on a small scale of up to 1,000 bicycles in Singapore. LTA needs to assess their operations first before they can further apply to increase their fleet size.
Following this latest cycle of application, will it possibly spark another wave of bike-sharing players in Singapore?
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