Abandoned, scrapped taxi fares cost RM2.9 billion,

About 70,000 taxis have been abandoned and abandoned due to scrap metal depletion due to declining demand for taxi services in the country since 2014, with an estimated loss of about 9 2.9 billion. Daily Metro Report

The total number of taxis, comprising approximately 2,500 executive taxis and 67,500 regular taxis, amounted to RM2.9 billion and was roughly calculated based on the example of a four-year-old executive taxi whose value is RM80,000 when a regular taxi such as a Proton Waza or The price of Proton Persona is 40,000 RM each, said Gabungan Teksi Malaysian President Kamaruddin Mohammad Hussain.

A large portion of the total involved vehicles used in the Klang Valley, and only 40,000 of the 110,000 taxi drivers nationwide, including Sabah and Sarawak, still survive in the industry, Kamaruddin said.

The condition of taxi drivers has worsened since the Kovid-19 epidemic hit, Kamaruddin said. Of the taxi companies that went bankrupt, 60% were taxi drivers who no longer wanted to drive taxis because they were unable to afford these taxis, resulting in reduced demand from consumers, he said.

As a result of their bankruptcy, taxis operated by taxi companies have in some cases been abandoned at their respective depots, while some other taxis have been disposed of at scrap yards, he continued.

Most taxi drivers who have stopped driving tend to retire to other sources of income such as running small businesses, driving lorries, farming or for older drivers, and depend on family members, says Kamaruddin. Daily Metro.

Kamarudin added that the relevant authorities need to revise existing policies to reduce the gap between taxi and e-hailing transport providers to create healthy competition in the public transport industry. “The time has come for the government to include more experienced and knowledgeable industry players in the policy-making unit to revive this industry,” he said.

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