RM400m aid for stage bus operators




December 19, 2011
PUTRAJAYA, December nineteen The government will lot out RM400 million in assist to keep financially-distressed theatre train operators in operation, Bernama Online reported today.
The account was voiced currently by Prime Minister Datuk Seri Najib Razak, who additionally revealed it would be overseen by the Land Public Transport Commission (SPAD).
"The account is an halt magnitude which is hoped to be able to continue the services of theatre buses for the benefit of the people affected," Najib was quoted as observant in the report.
RM100 million from the account will be paid out early in 2012, with firms in Selangor expected to be the initial beneficiaries, followed by those in Negri Sembilan and Pahang.
Aside from the RM400 million fund, Najib further voiced that SPAD was study long-term solutions to the issues facing the theatre train operators.
Among others, these could include the distance-based subsidy.
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