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