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JPJ Announces Record-Breaking RM5.07 Billion In Revenue For 2023

Anis

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image-full_normal---2024-02-26T172046.396.jpg According to Transport Minister Loke Siew Fook, the Road Transport Department (JPJ) recorded revenue of RM5.07 billion in 2023, up 3.53% from RM4.90 billion in 2022.


Car registration revenue also increased 13.6% from RM501.5 million in 2022 to RM569.6 million in 2023. This surge included tenders for special series numbers such as 'FF' and 'M-M', introduced in May and August 2023, respectively. An increase in summonses issued was also a factor.

“For the GOLD series launched in conjunction with the 50th Golden Jubilee celebration of Federal Territory Day on Feb 1, JPJ generated over RM17.24 million in revenue,” he told a press conference today, adding that it attracted 23,160 bidders for the series.

“Fifty per cent of the revenue from the special number plate series will be allocated to initiatives under the ministry for 2024, such as driving licence assistance, helmet assistance, FlySISWA subsidies, and Social Security Organisation (Socso) contributions for taxi drivers.”

image-full_normal---2024-02-26T172051.459.jpg

In order to increase revenue, he said, the ministry would introduce more unique number plate series in the future.


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Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

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