Monday, August 17, 2009

Rapid Penang Bus Services



Bus Parking Area



Type of bus



Facilities for UKO

RapidKL, short for Rangkaian Pengangkutan Integrasi Deras Sdn Bhd is a government-owned company which was formed in 2004 as part of the restructuring of the public transport system in Kuala Lumpur, Malaysia's capital.

RapidKL is the operator of Kuala Lumpur's two light rail transit (LRT) lines, the largest stage bus (regular or trunk bus route) and feeder bus operator in Kuala Lumpur, and, as of November 2007, also operates the single line of the KL Monorail and parts of the KLIA transit service.

All assets of the RAIL and BUS service is owned by another government-owned company, Syarikat Prasarana Negara Berhad (SPNB) which was also formed under the restructuring process.

Rapid Penang, which was set up as a subsidiary of RapidKL, began running bus services in Penang on 31 July 2007. This effort is part of the Malaysia Federal government's move to revamp the bus service in Penang.
Timeline

•In 2001, CDRC successfully restructured the two LRT companies' RM5.7bil worth of debts through the issuance of government-guaranteed bonds by SPNB.

•On 1 September 2002, SPNB officially took over LRT operations of Star-LRT and Putra-LRT

•In October 2003, SPNB bought over Intrakota Komposit and its subsidiaries from DRB-Hicom for RM177mil. It also paid RM14mil cash for the 364 buses belonging to Cityliner. The original companies were appointed interim operators.

•In November 2004, SPNB handed over the operations of the LRT and bus services to RapidKL.

•In January 2006, RapidKL began the first phase of a massive revamp of its bus network in the Klang Valley.

•On 23 September 2006, Phase One of Klang Valley's bus network revamp was completed.

•On 19 February 2007, Malaysian Prime Minister Abdullah Ahmad Badawi announced that the bus network in Penang will undergo a revamp. A day later, Malaysian Finance Minister parliamentary secretary Hilmi Yahaya said the new entity will be named Rapid Penang.

•On 25 February 2007, Malaysian Second Finance Minister Nor Mohamed Yakcop said 150 buses, at a cost of RM50mil, will make their first appearance on Penang roads in August 2007.

•On 31 July 2007, Rapid Penang began operations after being launched by Prime Minister Abdullah Ahmad Badawi

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