KUALA LUMPUR (Feb 25): Prasarana Malaysia Bhd injected RM700 million in capital into Rapid Rail Sdn Bhd — the operator of six rapid transit lines serving Klang Valley — in 2025 to cover the shortfall between revenue and operating costs, Transport Minister Anthony Loke said on Wednesday.
He said Rapid Rail recorded total revenue of RM722 million last year, including RM695.2 million from fares, of which government subsidies for the My50 Unlimited Travel Pass accounted for RM234 million. The remaining RM26.8 million came from non-fare sources.
Operational expenditure, meanwhile, stood at RM1.324 billion, Loke said in a written parliamentary reply to Senator Nik Mohamad Abduh Nik Abdul Aziz.
Prasarana, a wholly-owned subsidiary of the Minister of Finance Incorporated (MOF Inc), is the holding company of Rapid Rail.
Rapid Rail currently manages and operates the Kelana Jaya, Ampang, Sri Petaling light rail transit (LRT) lines, the Kajang and Putrajaya mass rapid transit (MRT) lines, and the KL Monorail.
Loke said annual operational spending aligns with the scale of the urban rail network, covering infrastructure, trains, signalling systems, power supply, safety compliance, and staffing to ensure daily service for millions of passengers.
He added that the government is committed to keeping urban rail services running through grants, sukuk, and subsidies to Prasarana and Rapid Rail, ensuring safe, stable, and reliable operations while keeping fares affordable.
Nevertheless, Loke noted that the Transport Ministry and Finance Ministry will continuously monitor Rapid Rail’s performance through governance mechanisms, key performance indicators, reporting, and audits. Initiatives are also underway to improve efficiency, optimise maintenance costs, and ensure prudent use of public funds.
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