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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