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The Land Public Transport Commission (Spad) said today that it is not likely to let public transport fares rise to match the upcoming hike in electricity tariff until a comprehensive feasibility study is carried out.
A review of bus and taxi fares is in progress and will be completed only by the first quarter of next year.
The Land Public Transport Commission (Spad) said today that it is not likely to let public transport fares rise to match the upcoming hike in electricity tariff until a comprehensive feasibility study is carried out.
A review of bus and taxi fares is in progress and will be completed only by the first quarter of next year.
Spad has only just started considering fare hikes for the Light Rail Transit (LRT) and KTM's train services.
This means it could take another three to six months before a decision is made.
"There will likely be a hike next year, but the quantum has not been fixed yet. We have to make sure to engage with all operators and to make a detailed study before deciding on any fare changes," a Spad spokesperson said.
The spokesperson echoed Spad chairperson Syed Hamid Albar, who was quoted in news reports today as saying the commission would look for a win-win situation between affordability of public transport and the sustainability of the rail industry.
In terms of the LRT and monorail services, Spad said, fares have not been raised for 10 years.
The people have been expecting rail operators to demand fare hikes after the government announced a 15 percent rise in electricity tariff in Peninsular Malaysia from Jan 1.
"There will likely be a hike next year, but the quantum has not been fixed yet. We have to make sure to engage with all operators and to make a detailed study before deciding on any fare changes," a Spad spokesperson said.
The spokesperson echoed Spad chairperson Syed Hamid Albar, who was quoted in news reports today as saying the commission would look for a win-win situation between affordability of public transport and the sustainability of the rail industry.
In terms of the LRT and monorail services, Spad said, fares have not been raised for 10 years.
The people have been expecting rail operators to demand fare hikes after the government announced a 15 percent rise in electricity tariff in Peninsular Malaysia from Jan 1.
This will be the first tariff increase in two years and is the government's bid to pass on higher gas costs to the people and boost the profitability of Tenaga Nasional Bhd.Syarikat Prasarana Negara Bhd, which comes under the Finance Ministry, is the main operator of the bus, LRT and monorail services in the Klang Valley.
The Auditor-General's Report 2012 has noted that Prasarana suffered losses of some RM763 million in 2011.
A Works Ministry spokesperson yesterday denied speculation that toll rates for 10 highways in the Klang Valley would soon be increased.
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