How will the Proton S70 financing scheme help taxi drivers?

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A Dedicated Financing Scheme Will Be Developed to Enable Taxi Drivers to Own the Proton S70

The government has reached an agreement with Proton and the Transport Ministry to develop a dedicated financing scheme. This initiative aims to enable taxi drivers to acquire the Proton S70. While the specifics of the scheme are still under development, the intention is to facilitate ownership of this particular vehicle model for those in the taxi industry.
Agreement Reached with Key Stakeholders

An agreement has been established between the government, represented by the Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim, along with Proton and the Transport Ministry. This collaboration signifies a concerted effort to address the needs of taxi drivers concerning vehicle acquisition. The focus of this partnership is to create a pathway for drivers to own the Proton S70.
Aim to Facilitate Proton S70 Ownership

The core objective of the dedicated financing scheme is to make the Proton S70 accessible to taxi drivers. This program is being developed with the specific intention of enabling these drivers to become owners of the S70 model. Further details regarding the operational aspects of this scheme are expected to be announced as development progresses.
Part of Broader Taxi Reform Initiatives

This financing scheme is being developed within the context of wider government efforts to support the taxi industry. It follows the announcement of an additional RM10 million allocation for the Vehicle Replacement Matching Grant Programme. This broader programme, which is part of the National Madani Taxi Reform Programme, aims to assist taxi drivers in replacing their ageing vehicles.

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How will the Proton S70 financing scheme help taxi drivers?

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