27 Jul '15, 1am

Monorail, LRT fare hike possible by Q3 2015 – report

According to a report by theSun , a possible fare hike has been mooted for both the LRT (Ampang and Kelana Jaya lines) and monorail services as the Land Public Transport Commission (SPAD) will submit its proposal to the Cabinet in August. The hike, should it receive the go-ahead, will come into effect by Q3 this year. The daily reports that said proposal, which cites an increase of operating costs by “more than 28 times since 1996″ as one of the reasons, was drawn up over a week ago. “Prasarana Malaysia Berhad as the asset owner and operator for LRT and monorail through Rapid Rail Sdn Bhd has been exposed to increased electricity tariff by Tenaga Nasional Berhad, at least three times in the last seven years.” “There is also the huge cost of procuring new rolling stock in the last 36 months for the existing Ampang and Kelana Jaya lines and together with the extension lines,...

Full article: http://paultan.org/2015/07/27/monorail-lrt-fare-hike-poss...

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