Equity Analysis /
United Kingdom

GB : Public Transportation - Time to back buses

    Gerald Khoo
    Gerald Khoo

    Analyst - Transport

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    CGS-CIMB
    29 March 2022
    Published byCGS-CIMB

    Public transport services offer governments quick wins on GHG emissions, road congestion and a range of other high-priority policies. These can be delivered before the industry transitions its own fleet to zero-emissions vehicles. The imperative to drive growth in public transport usage is increasingly reflected in government policies and funding. However, neither the recovery from the pandemic nor the pivot to sustained industry growth is reflected in valuations.