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.