What programmes underpin JPJ’s target of more than RM5b revenue?

Question

Accepted Answer

JPJ Targets Over RM5 Billion in Revenue Through Digitalisation and Existing Programmes

The Road Transport Department (JPJ) is projecting a revenue collection exceeding RM5 billion by the end of the year, a target bolstered by ongoing digitalisation initiatives and established programmes. This projection builds upon last year's collection of RM4.92 billion, indicating a modest yet confident increase. JPJ's revenue streams are significantly dominated by road tax and driving licence renewals, which together account for over 60% of its annual income. The department's financial performance places it among the top revenue-generating government agencies in Malaysia, following only the Royal Malaysian Customs Department and the Inland Revenue Board (IRB).
Digitalisation Efforts Contribute to Revenue Goals

JPJ's strategic push towards digitalisation is a key factor underpinning its ambitious revenue target. While specific details on all new programmes are not elaborated, the department has implemented various digital services to enhance collection efficiency. For instance, the nationwide network of 201 JPJ kiosks has already proven effective, having generated RM120.7 million in revenue. These kiosks offer a convenient channel for transactions, contributing to the overall collection volume and supporting the department's financial objectives.
Long-Term Driving Licence Renewals Offer Incentives

A notable initiative supporting JPJ's revenue collection is the option for motorists to renew their Malaysian Driving Licence (LMM) for a maximum period of 10 years. As of May 12, a substantial 9,564 motorists had taken advantage of this facility. This programme not only streamlines the renewal process for drivers but also offers a financial incentive through a 10% discount for the 10-year renewal period. This encourages longer-term commitments from licence holders, thereby contributing to consistent revenue flow.
Consistent Daily Collection Underscores Revenue Potential

The consistent daily revenue generation by JPJ highlights its significant financial contribution. Based on last year's performance, the department collected an average of RM11 million per day. This sustained daily collection rate underscores the reliability of its core revenue sources, primarily road tax and licence fees, and provides a solid foundation for achieving the projected RM5 billion target for the current year.

Reading history

Hide →

This history is cleared when the page is closed.

What programmes underpin JPJ’s target of more than RM5b revenue?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends