The long-awaited station opens on 8 December, connecting Taipa and the Macao peninsula by rail for the first time.
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However, the steep drop in earnings come as Transmac and TCM make major investments in electric buses, which make up a growing portion of the city’s fleet.
Buses may not travel more than 60% full; drivers must call for back-up if they have to turn passengers away.
DSAT director Director Kelvin Lam Hin San aims to promote smart traffic and introduce more e-services.
Deal is subject to regulatory approval, but will mark a significant expansion into the Macao market for the mainland conglomerate.
Secretary for Transport and Public Works Raimundo do Rosário said on Thursday that the government will sign new service contracts with the city’s two public bus operators – Transmac and TCM – later this month or next month, according to which all their buses will have to be eco-friendly by 2024.
The bus stops at the Praça Ferreira do Amaral transport hub have been rearranged since Saturday, following the completion of the first phase of the renovation project.
The government has renewed the service contracts with the city’s two public bus operators — Transmac and TCM — for another 14 months.
The Transport Bureau (DSAT) said in a statement Monday that the government has renewed its service provider contracts with public bus operators Transmac and TCM for another 15 months effective from Wednesday.
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