Friday, 14 July 2017

(NST) Prasarana CEO hails MRT's positive impact to country's GDP growth

KUALA LUMPUR: Mass Rapid Transit’s impact to the national gross domestic product (GDP) growth will not stop even after its completion said Prasarana Malaysia Bhd chief executive officer Datuk Seri Azmi Abdul Aziz

“What we are looking at is the healthy return of investments put by the government on this infrastructure (MRT).

“For sure, it will have a direct impact to GDP growth even after completion. Once the GDP improves substantially, it will create wealth for the people,” he said at a press conference yesterday.

“Of course, it will also boost our revenue streams but what is more important is the positive impact it has for the people. We are not a for-profit company,” he added.

Azmi said other than influencing a healthier lifestyle among the people, the readily operational MRT will among others spur more transit oriented and property developments along the railway line.

Prasarana through its subsidiary, Rapid Rail Sdn Bhd is the operator of MRT for a term of 10 years, with an option of an extension of a further five years.

MRT Corp on the other hand is handling other operations such as advertising and retail.

The Phase Two of the Sg Buloh-Kajang MRT Line will begin its operation on Monday, July 17 and be launched by Prime Minister Datuk Seri Najib Razak.