Malaysia to lease 62 new passenger train sets from China, says Transport Minister
Train services and railway coverage in Malaysia are set for a facelift with the leasing of 62 new passenger train sets from China by 2027, says Transport Minister Anthony Loke.
During a joint press conference with Economy Minister Rafizi Ramli on Wednesday (Aug 14), Loke said the estimated RM10.7 billion leasing deal is part of a government-to-government (G2G) initiative, paid in installments over 30 years.
Meanwhile, Rafizi said the government aims to reach 80% railway track utilisation in Peninsular Malaysia by 2030, with a phased plan to increase passenger train services, targeting 299 trains nationwide by 2030.
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During a joint press conference with Economy Minister Rafizi Ramli on Wednesday (Aug 14), Loke said the estimated RM10.7 billion leasing deal is part of a government-to-government (G2G) initiative, paid in installments over 30 years.
Meanwhile, Rafizi said the government aims to reach 80% railway track utilisation in Peninsular Malaysia by 2030, with a phased plan to increase passenger train services, targeting 299 trains nationwide by 2030.
Read more at https://tinyurl.com/y6fj5j4t
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline