Prasarana
Prasarana Malaysia Berhad (Prasarana) (English: Malaysian Infrastructure Limited) is a government-owned company which was set up by Ministry of Finance (Malaysia) as a corporate body established under the Minister of Finance (Incorporation) Act 1957 to own the assets of multi-modal public transport operator in Malaysia, under the government’s move to restructure the city’s public transport system. It is one of the largest public-transport companies in Malaysia other than Konsortium Transnasional Berhad. As a government-owned company since 1998, it operates stage bus and light metro services via several wholly owned subsidiaries.
| Category | Details |
|---|---|
| Company Type | State-owned enterprise |
| Industry | Public transportation. Asset owner of Light Rapid Transit (LRT), monorail, bus rapid transit, stage bus, mobility van |
| Founded | 1998 |
| Headquarters | Menara Prasarana, Jalan PJU 1A/46, Ara Damansara, 47301 Petaling Jaya, Selangor Darul Ehsan, Malaysia |
| Key People | – Tan Sri Jamaludin Ibrahim (Chairman) – Mohd Azharuddin Mat Sah (President & Group CEO) – Dr. Prodyut Dutt (Group COO – Strategy & Development) – Amir Hamdan (Group COO – Operations) |
| Services | Owner & Operator: – Current: 3, 4, 5, 8, B1 – Future: 11 Operator: – Current: 9, 12 – Future: 13, 14, RTS, BRT |
| Number of Employees | 10,000+ |
| Parent | Minister of Finance Incorporated |
| Website | www.prasarana.com.my |
Service brand
Rapid KL trains operated by Rapid Rail Sdn Bhd
Rapid KL buses and On-Demand services operated by Rapid Bus Sdn Bhd
Rapid Penang buses operated by Rapid Bus Sdn Bhd
Rapid Kuantan buses operated by Rapid Bus Sdn Bhd
My Rapid Touch ‘n Go Card is the stored value card for fare usage at Rapid KL trains and buses only.
Mutiara Pass is a pass that offers commuters unlimited rides on Rapid Penang buses services for 30 consecutive days.
Important dates
- 11 August 1998: Prasarana incorporated to facilitate, co-ordinate, undertake and expedite infrastructure projects approved by the Malaysian government.
- 1 September 2002: Prasarana begins operations when it took over the ownership and operations of Star-LRT, Putra-LRT and the Putraline feeder bus services. It renamed Star-LRT Starline while Putra-LRT became known as Putraline.
- 6 January 2003: Prasarana takes over ownership and operations of the Langkawi Cable Car from Langkawi Cable Car Sdn Bhd. It forms Panorama Langkawi Sdn Bhd to operate the system.
- 27 October 2003: Prasarana buys Cityliner buses and routes from Park May Bhd. It then appoints Kenderaan Mekar Murni Sdn Bhd to operate the bus routes on an interim basis.
- 29 October 2003: Prasarana buys Intrakota buses from DRB-Hicom Bhd but allows Intrakota operating as interim operator.
- November 2004: Prasarana hands over operations of the LRT and bus network to Rapid KL.
- 13 October 2006: Prasarana signs an agreement with a Bombardier-Hartasuma joint venture for the purchase of 22 four-car train sets for the Kelana Jaya Line with an option to purchase an additional 13 train sets for RM1.2 billion. First 22 train sets to be delivered in 2008.
- 19 February 2007: Malaysian Prime Minister Abdullah Ahmad Badawi announced that the bus network in Penang will undergo a revamp similar to that which occurred in Kuala Lumpur. A day later, Malaysian Finance Minister parliamentary secretary Hilmi Yahaya said the new entity will be named Rapid Penang.
- 25 February 2007: Malaysian Second Finance Minister Nor Mohamed Yakcop said 150, at a cost of RM50mil, will make their first appearance on Penang roads in August 2007. He said Rapid Penang will be a subsidiary of Rapid KL.
- 31 July 2007: RapidPenang begins operations, offering commuters free rides, after being launched by Prime Minister Abdullah Ahmad Badawi. The company started charging passengers three days later on 3 August 2007.
- 8 October 2007: Prasarana purchase additional 52 train sets from Bombardier, using options from 2006 purchase. Delivery expected in 2010.
- 27 November 2007: Prasarana signed a sales and purchase agreement with KL Monorail System Sdn Bhd to be the operator of KL Monorail. Prasarana will assume all KLMS Sdn Bhd loan to Bank Pembangunan of RM882 million
- 1 July 2009: RapidKL become a wholly owned subsidiary of Prasarana.
- 1 September 2009: RapidPenang become a wholly owned subsidiary of Prasarana.
