Prasarana aiming to reduce cost by 20%


PETALING JAYA: Prasarana Malaysia Bhd is targeting to reduce its operating cost by 20% in the next five years by appointing more local companies to be its partners in the rail operation and maintenance (O&M) business.

According to president and group chief executive officer Masnizam Hashim, Prasarana’s annual cost for its rail operation is about RM350mil.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Prasarana

   

Next In Business News

Oil ends week lower on China demand fears
Undoing the 5G monopoly
KL Metro to build RM1.6bil five-star resort in PD
Picking up speed
PETRONAS reaches FID on Pengerang biorefinery
Market bulls looking for new technology leaders
China to resort to consumer stimulus
GAMUDA AI ACADEMY SET TO BE GAME-CHANGER
ESG reporting standards must be elevated
Fed rate-cut outlook limits forex volatility

Others Also Read