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Get ready to be sucked dry Sinkies!
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After about two years of tests and trials, the Government has concluded that a satellite-based electronic road pricing (ERP) system, which can charge according to distance travelled, is likely to be feasible in Singapore.
The system will also be able to facilitate paperless street-side parking as well as dynamic charges for off-peak car use.
However, Transport Minister Lui Tuck Yew said that "it will be several more years" before the new-generation ERP system can be implemented.
Speaking during a visit to the upcoming Marina Coastal Expressway yesterday, Mr Lui took pains to reassure motorists that they are unlikely to have to pay more with the new system.