Government is continuing with its drive to incentivise the use of alternative green means of transport which is at the same time healthier for the individual.
Companies are being encouraged to promote the use of bicycles by their employees as a mode of transportation to their workplace. To this end, the Ministry for Finance has set up a fund to cover the expenditure incurred by companies to install bicycle racks/ ancillary facilities. Companies can apply for funds after having consulted the guidelines and submitted the relevant application form.
A board, having also representatives of organisations promoting the use of bicycles, will be evaluating the applications received and administer the allocated funds.
Bicycle Racks/ ancillary facilities (companies) Fund Guidelines & Application Form