Transport sector a critical enabler of Malaysia's socioeconomic development

Transport sector a critical enabler of Malaysia's socioeconomic development

New Straits Times·2019-10-17 19:59

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KUALA LUMPUR: Malaysia’s transport sector represents a critical enabler for its socioeconomic development said the National Transport Policy 2019-2030 (NTP).

The transport policy adds the efficiency of a nation’s transportation system directly correlates to trade and economic growth.

“In 2017, the transportation and the storage sub-sector contributed 3.6 per cent to gross domestic product with a value of RM48.8 billion, and 6.6 per cent to the services sector value-added.

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