Trust fund set up to improve public transport


  • Nation
  • Thursday, 16 Mar 2006

KUALA LUMPUR: The Cabinet has approved the setting up of a Public Transportation Trust Fund with an allocation of RM4.4bil, the savings the Government derived from its reduction of subsidy for fuel prices. 

A statement issued by the Prime Minister's Office yesterday said that the fund would be used to finance projects that would enhance the standard of public transportation, such as: 

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