Malaysia to lease 62 new passenger train sets from China, says Transport Minister

Published on 14 Aug 2024 8:10:44 PM

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.

Read more at https://tinyurl.com/y6fj5j4t

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords
transportation , trains , railway , train sets , china , crrc , leasing , ktm , ets, passenger trains, transport minister, anthony loke, economy minister, rafizi ramli, government, railway track utilisation, passenger train services, news

Keywords:
transportation , trains , railway , train sets , china , crrc , leasing , ktm , ets, passenger trains, transport minister, anthony loke, economy minister, rafizi ramli, government, railway track utilisation, passenger train services, news