Leasing passenger trains from China has downsides, says transport expert  mp4 - video Dailymotion

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Wan Agyl Wan Hassan says it may come with potentially high hidden costs such as maintenance expenses.  Read More: https://www.freemalaysiatoday.com/category/nation/2024/08/25/leasing-passenger-trains-from-china-has-downsides-says-transport-expert/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #KTMB #China #PassengerTrains

Transcript

00:00Transport consultant Wan Agilwan Hassan has expressed concern about Malaysia's 10.7 billion

00:09ringgit passenger train leasing agreement with China, saying the financial benefits

00:13it offers may only be short-term.

00:17He cautioned that while the arrangement may offer quick financial relief, it may end up

00:22settling the government with long-term hidden costs, including for maintenance and technological

00:28upgrades resulting in a strain on national resources.

00:32He also said the government should consider the geopolitical risks involved, especially

00:37the ongoing US-China rivalry, adding that it may be unwise to structure a deal dependent

00:42solely on China as the supplier.

00:46Wan Agil suggested that Malaysia adopt a more balanced approach to train management, similar

00:51to that used by France, which has combined new purchases with refurbishing older trains.

00:57Transport consultant Rosli Khan echoed Wan Agil's concerns, saying that the government

01:02should consider limiting its purchase to wagon components and invest in building train coaches

01:07locally as it could reduce the costs involved substantially.

01:12On August 14, Transport Minister Lok Siu Fok announced the acquisition of 62 new passenger

01:18trains for Kereta Pitana Melayu Berhad in a 10.7 billion ringgit deal with payments

01:24to be made over 30 years.

Leasing passenger trains from China has downsides, says transport expert mp4

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