KUALA LUMPUR, March 28 — Putrajaya will not be getting any return on investments from the Klang Valley Mass Rapid Transport (MRT) fare collection, Datuk Seri Nancy Shukri said in Parliament today.
The minister in the Prime Minister’s Department said the government does not expect to profit from the project which is part of its plan to improve public transportation in greater Kuala Lumpur.
“As a responsible government, we realise that there we will not get any return on investment spent for the MRT construction from fare collection,” she said in response to PKR’s Lembah Pantai MP Nurul Izzah Anwar who had asked about the MRT fare structure during Question Time.
Nancy also said the MRT ticketing rates would be revised every five years, but added that it does not automatically mean the prices will rise.
The Batang Sadong MP said the government had already formulated a fare restructure outline for public transport service like the Light Rapid Transport (LRT) and KTM Komuter at the end of 2015.
The 21km MRT line which opened on December last year started charging fares on January 17.
Service operator, Rapid Rail Sdn Bhd, the commuters would be charged fares of between RM1.20 and RM3.90 depending on the distance travelled under the cash fare structure and between RM1.20 and RM3.40 under the cashless system.