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

The Star Channel

7y ago Instant removal

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.