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Friday, September 4, 2009

History of Keretapi Tanah Melayu ( KTM )

In Malaysia, the railway network system has always been a key component in the development of the country's growth. The first railway track was built in 1885 from Taiping to Port Weld. From a mere 12.8 kilometers of track, the network grew as Malaysia developed and prospered.
KTM Berhad was corporatised on 1st August 1992 following the passing of two Railway Bills. Although still wholly-owned by the government, KTM Berhad currently operates as a private sector organisation, responsible for its revenue and some of its development activities.
With its service covering the length and breadth of the country, KTM Berhad runs its train on a metre gauge of 1000mm, over a track length of 2 226.90 kilometers.
KTM Berhad's main objective is to provide a modern, efficient and competitive rail transport system.
As of 1st August 1997, Marak Unggul - a consortium of Renong Berhad, Diversified Resources Berhad, Bolton Berhad and Jasa Meta - Joined hands with KTM Berhad in what has been termed as 'management partnering'. Management partnering can be regarded as a transition stage between corporatisation and privatisation. The objective is to complete the re-engineering which began in 1992.

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