Puspakom's Decades-Long Monopoly Set to End in June

The Paper Break Mar 28, 2024
Puspakom's Decades-Long Monopoly Set to End in June

Starting in June, individuals interested in offering vehicle inspection services can now apply for a license from the Road Transport Department (JPJ).

Transport Minister Anthony Loke, who made this announcement recently, highlighted that this initiative forms part of the ministry's strategy to dismantle monopolies and foster healthy competition within the transportation industry.

"By liberalizing this sector, our aim is to encourage increased investor participation, which will, in turn, drive advancements in industry technology. This move will cultivate a competitive environment, ensuring more consistent and higher-quality services for the benefit of all stakeholders," he explained during a press briefing held in Putrajaya.

This decision marks the conclusion of Puspakom's three-decade-long monopoly, which was established by the government in 1994 to oversee all compulsory inspections of both commercial and private vehicles.

Loke also unveiled the latest set of guidelines and prerequisites that Vehicle Inspection Service Providers (VISPs) must adhere to. Among these conditions is the stipulation that inspection centers will be situated at fixed locations determined by the ministry.

"Each VISP will initially be permitted to operate at two designated locations—one in an urban area and another in a rural area.

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