Transportation in Singapore Enhances Fleet Management with GPS Tracking, Adds 20,000 Vehicles to Roads, Prepares to Expand Payment Points for Toll Fees.

Land Transport Authority – LTA in Singapore has announced an increase in the Certificate of Entitlement (COE) quota, citing a decrease in car usage rates per license and a new electronic road pricing system that enhances vehicle tracking capabilities.

COE is a permit that allows Land Transport Authority in Singapore to control the number of vehicles on the road by limiting the issuance of licenses. Prospective car buyers must bid for these licenses in rounds, resulting in fluctuating prices over time. Recent high demand for car usage has led to a surge in COE prices.

The upgrade of car passes in Singapore began in 2020, with onboard units in vehicles reporting passage through specific points. This innovation allows LTA to remove payment booths (previously RFID readers attached to poles without payment booths) and introduces virtual gantries to manage congestion at busy traffic points effectively.

Source: LTA

TLDR: LTA in Singapore increases COE quota due to decreased car usage rates and introduces virtual gantries for better traffic management.