Thirty-seven stage bus operators have received almost RM170mil subsidies in 2023

PUTRAJAYA: A total of 37 stage bus operators have received subsidy assistance worth a total of RM169.87mil under the Interim Stage Bus Support Fund (ISBSF) in 2023.

Transport Minister Anthony Loke said a total of 26 companies had secured three-year contracts, while 11 companies received one-year contracts.

The ISBSF was introduced in 2012 to help stage bus operators cover daily operating costs, especially routes in rural areas, and continue services on less-profitable routes with government subsidies. Loke said the government had improved the ISBSF 2023 agreement contract where operators have to comply with several things including punctuality and the use cashless payment systems.

He said stage bus operators must ensure the installation of cashless payment systems to qualify for the ISBSF subsidies as the government would make this mandatory.

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