SYARIKAT PRASARANA NEGARA BERHAD
Syarikat Prasarana Negara Berhad (Prasarana) is a wholly-owned Government company incorporated in 1998 by the Ministry of Finance to facilitate, undertake and expedite public infrastructure projects approved by the Government. Prasarana and its group of companies are also asset-owners and operators of the Ampang and Kelana Jaya light rail transit (LRT) lines, KL Monorail, as well as bus operations in Klang Valley, Penang and Kuantan.
The year 2013 saw Prasarana undertook a massive corporate restructuring exercise to further improve the company’s position as an urban public transport provider as well as strengthen its capability in generating revenue. Prasarana formed four new subsidiaries : Rapid Rail Sdn Bhd, Rapid Bus Sdn Bhd, Prasarana Integrated Management & Engineering Services Sdn Bhd (PRIME), Prasarana Integrated Development Sdn Bhd (PRIDE) – to give its operations more focus and greater freedom to grow.
Both the LRT and Monorail are operated by Rapid Rail Sdn Bhd, while the bus services are run by Rapid Bus Sdn Bhd. RapidKL is the brandname for Prasarana services in Klang Valley. RapidKL operates the Ampang Line LRT (previously known as STAR-LRT) from Sentul Timur to Ampang and Sri Petaling, and the Kelana Jaya Line LRT (previously known as PUTRA-LRT) from Kelana Jaya to Gombak. RapidKL buses operate in 165 routes covering 980 housing estates in the Klang Valley daily.
Prasarana formed RapidPenang in 2007 to cater for the public bus services need of the population there. RapidKuantan joined the stable in December 2012. More are expected to be formed in cities and towns nationwide as Prasarana takes the lead to improve the urban public transport throughout the country.