The panel comprises of five members who have held key engineering and management roles in the rail sector globally.
The taskforce includes not just SMRT and SBS Transit, but also specialists from the rail sector, and will address recent MRT and LRT service disruptions.
By 2030, more than 50 new stations will be added to our rail network and bring eight in 10 households within 10 minutes of a train station.
This last leg centred on renewals and upgrades to the track circuits, power supply and NSEWL train fleet, to pre-emptively detect and address faults.
SBS Transit operates the North-East Line and Downtown Line, and these two lines had the highest reliability numbers in 2020.
The MRT network has clocked 1.6 million train-km between delays for the period ended June 2020, up from 1.4 million in the first quarter.
The reliability of the train network continued to improve in the last three months, with train-kilometres between breakdowns now above the 1.4 million mark.
A 16-year servicing contract between train operator SMRT and French rail multinational firm Alstom is set to raise the reliability of the Circle Line.
The MRT network's reliability continued to improve in the first nine months of this year, with train-km between delays breaching the one million mark.
Minister for Transport Khaw Boon Wan has suggested service on the light rail line could be suspended during 'certain off-peak hours' to reduce the stress on it.
The NEL clocked an average of 955,000 train-km between delays, putting it on a par in terms of reliability with the networks in Hong Kong and Taipei.
Reliability on Singapore's two oldest MRT lines continues to show improvement with upgrading works past halfway mark.
The MRT network hit a new high in a measure of reliability, with trains clocking an average of 690,000km between delays last year.
Transport Minister Khaw Boon Wan said Singapore's rail network is on course to meet a new level of reliability.
The rail system has continued to improve, according to first-half reliability data released by the Land Transport Authority.
Reliability on two of SMRT's rail lines is improving, but higher maintenance costs and falling ridership are hitting the company's train business.
Rail operator SBS Transit has signed an agreement with two Taiwanese firms to help to strengthen its engineering and maintenance capabilities.
The number of major MRT delays remained high last year, even as the distance clocked by trains before faults occurred improved considerably.
SBS Transit and SMRT have started deploying drivers on their driverless MRT trains in order to improve reliability on the North-East, Downtown and Circle lines.
In a survey conducted between 30th November and 4th December, MRT commuters were found to provide themselves more buffer time when planning for journeys.