Over 150 companies registered for targeted petrol subsidy scheme, says Armizan


KOTA KINABALU: A total of 154 companies operating 335 vehicles have registered under this year’s Subsidised Petrol Control System, aimed at ensuring fuel subsidies are targeted and transparent.

The list covers two main sectors: public land transport and goods transport.

Of these, 70 companies with 240 vehicles are in the public transport sector, while 84 companies with 95 vehicles operate in goods transport.

Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the registration process began on Monday (Sept 15) and uptake so far is lower than expected.

“Since registration was opened today (Monday), a total of 154 companies had registered under SKPS, covering 335 vehicles—70 public land transport companies with 240 vehicles, and 84 goods transport companies with 95 vehicles.

The number is quite low compared with our estimate, which covers around 100,000 vehicles nationwide, based on the system’s data integrated with the Road Transport Department system,” he said.

Armizan said the subsidy system is designed to ensure that petrol aid reaches those who genuinely need it, helping companies lower operating costs and keeping fares affordable for the public.

“For public transport and goods transport companies, the subsidised price is still far below market rates. They should make full use of this government commitment to assist those directly involved,” he said when visiting displaced flood victims at the temporary evacuation centre at Lok Kawi Heights hall in Kinarut on Tuesday (Sept 16).

He explained that companies must now apply to their chosen oil companies to receive the SKPS “fleet card,” which allows access to subsidised petrol.

“Those who register now will be able to use the flick card from day one when the subsidy system is implemented. Companies that delay may have to buy petrol at market prices, which would be a loss to them,” he added.

Armizan, who is also Papar MP, said that while registration numbers are modest so far, the government hopes all eligible transport companies will take advantage of the subsidy.

“This measure ultimately reduces the cost impact on users and the public as a whole. We urge companies to register promptly,” he added.

 

 

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