What role does the Transport Ministry play in the Proton S70 scheme?

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The Transport Ministry is involved in developing a dedicated financing scheme for taxi drivers to acquire the Proton S70.

The Transport Ministry has entered into an agreement with Proton and the Ministry of Finance to establish a specific financing plan that will allow taxi drivers to purchase the Proton S70 model. This initiative is part of the broader National Madani Taxi Reform Programme, aiming to support the taxi industry.
Agreement on Dedicated Financing Scheme

An agreement has been formalised between the Transport Ministry, Proton, and the Ministry of Finance. This collaboration is focused on creating a tailored financing scheme. The objective is to facilitate the ownership of the Proton S70 by taxi drivers, potentially through preferential loan terms or subsidies.
Support for Taxi Driver Vehicle Acquisition

The development of this dedicated financing scheme is intended to provide taxi drivers with a viable pathway to acquire newer vehicles. The Proton S70 has been identified as a model for this scheme, suggesting it meets certain criteria deemed suitable for taxi operations. This directly addresses a need for vehicle upgrades within the taxi sector.
Integration with National Taxi Reform

This specific financing initiative for the Proton S70 is integrated within the larger National Madani Taxi Reform Programme. This programme aims to modernise and improve the taxi industry. The introduction of accessible financing for a new vehicle model is a key component of this reform effort.

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What role does the Transport Ministry play in the Proton S70 scheme?

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