Public transport gets a boost with new half-a-billion ringgit fund
By : The Star
Published On: 2019-05-02
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03:45
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.
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