THE MINISTRY of Transport has begun discussions with relevant stakeholders on a draft for a new transport policy geared towards improving the island's transportation system.
Robert Pickersgill, Transport and Works Minister, in an address read by Dr. Fenton Ferguson, the Minister of State, said the draft for establishing the new transport policy is being prepared "with a view to creating an efficient transport system for people and goods, by air, water, road, rail and pipelines."
The scope of the policy outlined the specific role of Government, the private sector and associated agencies in the development of the transport sector, including non-traditional methods of transport, and transport services for the vulnerable in the society.
Despite the fact that negotiations to revive the island's rail service have hit a snag, the Government has outlined a number of objectives to see its full restoration in the new policy. However, "it will be necessary to ensure that the appropriate economic, environmental and safety regulatory frameworks are in place" before the service is restored, the draft outlined.
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When the service is restored, the Office of Utilities Regulation (OUR) will be responsible for economic regulation (fares, market entry and market exit).
The new policy, when implemented, will provide support for the Government's National Industrial Policy (NIP); identify legislative and administrative arrangements vital to supporting the objectives of the policy; ensure the development of the transportation system; provide a framework within which transportation can be developed and conducted in a safe and environmentally friendly manner; and give the private sector, locally and internationally, the confidence to invest in the sector.
Minister Pickersgill pointed out that the policy draft is a reflection of the "Government's invitation to private investment in transport infrastructure and services through concessions for toll roads, seaports, airport operations, public transportation and rail services." Currently, the Government is the principal developer of infrastructure in the transport sector.
