KUALA LUMPUR, Feb 27 — The implementation of fares based on market rate under the KLIA Ekspres and KLIA Transit service concession extension agreement will allow Express Rail Link Sdn Bhd (ERL) to innovate in improving the quality of its services.
Deputy Transport Minister Datuk Hasbi Habibollah said ERL needs to provide a more efficient service which aligns with the fares charged.
Under the concession agreement, the government will no longer pay any charges or fees from the Passenger Service Charge (PSC) revenue source to ERL.
“This is an important condition agreed by both parties. ERL is allowed to implement the fares based on the market rate that will benefit the people, the government and ERL,” he said during a question-and-answer session at the Dewan Rakyat today.
Hasbi was replying to a question from Beluran MP Datuk Seri Ronald Kiandee, who wanted to know the details of the extended concessions for the KLIA Ekspres and KLIA Transit services and their implications.
He said the government sees the concession extension announced in January as a win-win situation as consumers can enjoy better services from ERL.
“The government remains committed to encouraging and improving alternative services to KLIA that will create healthy competition,” Hasbi added.
On January 23, the government announced the extension of ERL’s concession agreement for KLIA Ekspres and KLIA Transit services for 30 years from 2029, allowing ERL to determine the fares based on market rate.
— Bernama
