Syarikat Prasarana Negara Berhad

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Overview

About:

Syarikat Prasarana Negara Berhad (Prasarana) is a wholly-owned Government company established by the Ministry of Finance, set up to facilitate, undertake and expedite public infrastructure projects approved by the Government. Prasarana and its group of companies are also asset-owners and operators of several public transport providers, namely the Ampang and Kelana Jaya lines, KL Monorail system, bus operations in Klang Valley and Penang, as well as the cable car services in Langkawi. Both the LRT, Monorail and bus services are operated by Rangkaian Pengangkutan Integrasi Deras Sdn Bhd (RapidKL), a subsidiary of Prasarana. RapidKL provides an integrated public transport system in the Klang Valley incorporating rail and bus services. Incorporated in July 2004 and operational since November the same year, RapidKL operates the Ampang Line LRT(previously known as STAR-LRT) from Sentul Timur to Ampang and Sri Petaling, and the Kelana Jaya Line LRT (previously known as PUTRA-LRT) from Kelana Jaya to Gombak. RapidKL buses operate in 165 routes covering 980 housing estates in the Klang Valley daily. In February 2007, the Federal Government announced the need for a major revamp of bus operations in Penang. As a result, Rapid Penang Sdn. Bhd. (Rapid Penang), a wholly-owned subsidiary of Prasarana, was set up in August 2007, to operate bus services with a fleet of 350 buses.

Sector: Transportation/Trucking/Railroad

Website: http://www.prasarana.com.my

Year Established: 2002