Loyang Bus Depot is currently being operated by Go-Ahead Singapore under the contracting model package.
[1] On 19 June 2016, the Loyang Bus Depot was officially opened by MP for Pasir Ris-Punggol Group Representation Constituency, Zainal Sapari and the Group Chief Executive of the Go-Ahead Group David Brown.
[2] Announced by LTA on 29 May 2013, the bus depot will be the second depot that LTA is developing and funding, as part of the review of the enhanced structural assistance that Government is providing the bus industry announced in Committee of Supply (COS) 2012.
The depot is intended to accommodate the additional buses that it is bringing in over the next few years.
[1] On 11 December 2015, LTA handed the depot to Go-Ahead Singapore Pte Ltd for the operator to prepare for operations, as well as the recruitment and training of bus captains and technicians, to support a smooth transition.