Picking up steam
Article Abstract:
Keretapi Tanah Melayu (KTM), Malaysia's national railway, plans to diversify so that it will be more attractive to investors after it is privatized in 1997. Chmn Tan Sri C. Selvarajah believes that diversification will ease the operating costs and other problems that have limited KTM's profits. Projects being planned include the conversion of the firm's headquarters into a tourist hotel and the development of KTM-owned land in Malaysia and Singapore. The firm is counting on modernization and track-electrification to boost ridership and hence earnings.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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All aboard
Article Abstract:
Malaysia's state-owned railway operator Keretapi Tanah Melayu and a Canadian firm of transport engineers are planning to create an integrated bus-rail transport system for Kuala Lumpur to solve its traffic problems that could hinder its economic growth. The plan involves making full use of an existing network of barely-used railway tracks in the inner city and purchasing foreign-designed rail cars and buses to be assembled in Malaysia. The plan currently has the support of the city's major bus companies and the Malaysian government.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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A line on the future
Article Abstract:
Keretapi Tanah Melayu (KTM), Malaysia's national railway, plans to modernize its equipment and tracks, which may presage a similar effort by other Asian railways. Chmn Tan Sri C. Selvarajah and Malaysian Prime Minister Datuk Seri Mahathir Mohamad believe the upgrade is vital to the economic future of KTM and Malaysia. Plans include conversion to standard-gauge tracks and the establishment of express service linking Kuala Lumpur with Singapore.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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