RAC embarks on journey towards financial stability | TheStarTV.com

RAC embarks on journey towards financial stability

Published on 15 Mar 2024 10:37:16 PM

The Railway Assets Corporation (RAC) has taken a significant step towards better optimisation of limited resources by refurbishing KTM Bhd's fleet of old rolling stock for cargo operations, instead of relying fully on outright purchases.

In a contract exchange ceremony in Putrajaya on Friday (Mar 15), Transport Minister Anthony Loke said RAC would be roping in the private sector to refurbish 44 diesel locomotives.

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Keywords
ktmb, rac, transport ministry, anthony loke, train, rail

The Railway Assets Corporation (RAC) has taken a significant step towards better optimisation of limited resources by refurbishing KTM Bhd's fleet of old rolling stock for cargo operations, instead of relying fully on outright purchases.

In a contract exchange ceremony in Putrajaya on Friday (Mar 15), Transport Minister Anthony Loke said RAC would be roping in the private sector to refurbish 44 diesel locomotives.

Read more at https://shorturl.at/azRS5

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

Keywords:
ktmb, rac, transport ministry, anthony loke, train, rail

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