Public transport gets a boost with new half-a-billion ringgit fund
The Star
2020-08-14
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Finance Minister Lim Guan Eng introduced on Thursday a RM500 million fund to improve the country’s public transport.
Lim said under the Public Transport Fund, companies involved in public transport will be offered a 2% financing rate.
The Finance Minister said the fund, to be managed by Bank Pembangunan Malaysia, may be used to purchase buses, taxis and other public transportation vehicles.
Lim said under the Public Transport Fund, companies involved in public transport will be offered a 2% financing rate.
The Finance Minister said the fund, to be managed by Bank Pembangunan Malaysia, may be used to purchase buses, taxis and other public transportation vehicles.
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