Loke: High upkeep behind losses


KUALA LUMPUR: The losses suffered by Mass Rapid Transit (MRT) Corp Sdn Bhd were because of the high capital expenditure costs to construct both MRT1 (Kajang line) and MRT2 (Putrajaya line) as well as the need to maintain low ticket rates, says Transport Minister Anthony Loke.

He said the main goal of MRT Corp is to support long-term socio-economic growth for the country and the people.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Mass Rapid Transit , Anthony Loke

Next In Nation

Azam Baki files defamation suit against news agency
Anwar hosts reception for Singapore PM Wong, discusses efforts to strengthen ties
Selangor Sultan receives RM11.47mil in business tithe contributions
Over 1,000 displaced as floods worsen in Sabah’s north, Pitas emerges as worst-hit
'Don't shoot the messenger', says Nurul Izzah in urging authorities to probe allegations into MACC chief's alleged shareholdings
Anwar holds talks with Singapore PM Lawrence Wong
ROS refutes allegations of power abuse by MIPP
Cops on the hunt for duo who broke into Sitiawan mosque, stole from donation boxes
116 Bazaar Ramadan Rahmah to be held this year, says Fuziah
Malaysia looks forward to close cooperation with new Bangladesh leadership, says Anwar

Others Also Read