Lebanon is one of the few countries in the world that allows public transport vehicles to move freely in the country without any regulation or planning. As a result, the present status of the public land transport sector in Lebanon has reached a critical state that must be reformed and organized. This article identifies the problems facing the public land transport sector. It examines the plan that has been recently endorsed by the Council of Ministers to mitigate the current situation. The plan identifies a new role for the government: It would cease being just a losing service provider and it would become the planner and regulator of the sector. This strategy is intended to ensure the existence of sufficient, affordable, and efficient transport services, provided by several private sector operators functioning under competitive conditions. Thus, the existing autonomous Railway and Public Transport Authority {RPTA) would be restructured to serve as the effective regulator, its bus operations would be corporatized (for possible eventual privatization), and all existing private sector service providers would be regulated. The article also reviews the recommendation that the government carry out two prototype projects before the entire reform plan is implemented nationwide.