Malaysia PM Anwar announces $3 million boost for taxi industry rejuvenation

Malaysia's taxi industry is set to receive a significant boost with Prime Minister Anwar Ibrahim announcing an immediate injection of RM10 million (approximately S$3.17 million) for rejuvenation efforts. This funding aims to introduce new vehicles and the latest hiring technologies, enhancing both the image of Malaysian taxis and the economic well-being of drivers who have long faced industry challenges and low incomes.

The initiative, launched at the National Madani Taxi Rejuvenation event, features the Proton S70 sedan as the new official taxi model. Prime Minister Ibrahim highlighted that the Madani government has taken steps to prevent wealthy individuals from monopolizing taxi permits, a move intended to protect the interests of individual drivers. Selected financial institutions will provide support to taxi drivers, enabling them to acquire brand-new sedans and individual taxi permits registered directly in their names.

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I approve an additional RM10 million effective immediately. This is specifically for taxis and the S70 programme.

"I approve an additional RM10 million effective immediately. This is specifically for taxis and the S70 programme," stated Prime Minister Ibrahim. He stressed the importance of drivers adapting to new technologies and operating methods, moving beyond traditional payment systems to embrace new apps. The government plans to offer training courses at taxi stands and service centers to facilitate this transition, recognizing the financial constraints drivers face when attending full-day training.

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The taxi issue is one that has long been raised. It is tied to the hardships of making a living, being left behind by technological changes, and the struggles faced by drivers who have been at a disadvantage.

"The taxi issue is one that has long been raised. It is tied to the hardships of making a living, being left behind by technological changes, and the struggles faced by drivers who have been at a disadvantage," Anwar said. He urged the Transport Ministry to find practical solutions, drawing parallels with Puspakom's approach of bringing services closer to customers. The Prime Minister emphasized that new vehicles and a fresh look are insufficient; drivers must also master new technology.

This policy decision aims to safeguard the interests of taxi drivers and their families by ensuring permits remain with individual drivers and cannot be transferred to wealthy individuals. The program also addresses drivers' income concerns, acknowledging the difficulties they sometimes face. The initiative signifies a concerted effort to modernize the taxi sector and improve the working conditions and financial stability of its drivers.

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It’s not enough to have a new vehicle and a new look – they must also master the new technology.