Public transport gets a boost with new half-a-billion ringgit fund | TheStarTV.com

Public transport gets a boost with new half-a-billion ringgit fund

Published on 2 May 2019 7:29:16 PM

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.

Keywords
bank pembangunan malaysia, bus, finance minister, fund, government, lim guan eng, malaysia, news, public transport, public transport fund, taxi

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.

Keywords:
bank pembangunan malaysia, bus, finance minister, fund, government, lim guan eng, malaysia, news, public transport, public transport fund, taxi

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