Malaysia to lease passenger trains from China in RM10.7bil deal

Free Malaysia Today

Transport minister Loke Siew Fook says the sum will be paid in instalments over a 30-year period.  Read More:  https://www.freemalaysiatoday.com/category/nation/2024/08/14/malaysia-to-lease-passenger-trains-from-china-in-rm10-7bil-deal/  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/08/14/peroleh-62-tren-rm10-7-bilion-malaysia-akan-menterai-pajakan-dengan-china/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #LokeSiewFook #RafiziRamli #KTMB #PassengerTrain #China

Transcript

00:00Malaysia will enter into a RM10.7 billion leasing agreement with China to acquire an

00:28additional 62 passenger trains for Keretapi Tanah Melayu Berhad, Transport Minister Lok

00:33Siu Fook said.

00:35Lok said the actual cost will be finalised after completion of negotiations with the

00:40government of China in the near future.

00:43He said he hopes the initiative will enhance the reliability of rail services and increase

00:47usage, which currently stands at 30%, while also managing the financial aspects of procuring

00:53the trainset.

00:54Meanwhile, Economy Minister Raffi Ziramli said a comprehensive plan was underway to

00:59enhance public transportation in Malaysia, with a special emphasis on improving connectivity

01:04in the Klang Valley.

01:07We need to pay attention and the government will pay attention to the three main aspects

01:12of public transportation in the Klang Valley.

01:14First, bus services.

01:19Second, rail services.

01:22And third, connectivity.

01:25First and last, connectivity.

Transcript

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