Kuala Lumpur, 12 August 2016 – The Cabinet decision to grant the Land Public Transport Commission (SPAD) permission to regulate Uber and Grabcar is a progressive game changer for public transportation in Malaysia.
Responding to the decision, Institute for Democracy and Economic Affairs (IDEAS) Chief Executive Wan Saiful Wan Jan said, “The Cabinet has made a wise decision in listening to consumer demand for better and more cost effective transportation services. This recognition is important as it ensures healthy competition and fair play for public transportation providers. SPAD, under the leadership of Tan Sri Syed Hamid Albar, should also be commended for its efforts in pushing this forward and for embracing positive change in the interest of the Malaysian consumer.”
“We welcome the much needed reforms to the taxi industry. As we have previously highlighted, this industry has been plagued by regulations which unfairly punish individual drivers and which negatively impact the quality and efficiency of their services. With these new reforms, there will be incentive and impetus for our current taxi system to uplift itself and perhaps even learn from the best practices of its competitors. Taxis will always be needed, and with the right incentives, I am sure they will be able to compete healthily,” added Wan Saiful.
“We repeat our call on SPAD to consult with the public and publish a white paper which details the reforms for Malaysia’s public transportation as a whole. These should now also include a positive treatment to all models of ride sharing. The sharing economy is growing globally and we should ride on it to make sure our public transportation system improves. SPAD is well positioned to lead this transformation,” concluded Wan Saiful.
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IDEAS is Malaysia’s first think-tank dedicated to promoting market-based solutions to public policy challenges. We are an independent not-for-profit organisation. As a cross-partisan think tank, we work across the political spectrum. Our purpose is to advance market-based principles, and we are not bound by party politics, race or religion. Our mission is to improve the level of understanding and acceptance of public policies based on the principles of rule of law, limited government, free markets and free individuals. For more information, please visit http://ideas.org.my/