Soon after the Pakatan-led Penang state government said it wanted to take over the ferry service, we now see the feds moving in, indicating their desire to take over the ferries through Syarikat Prasarana Negara Bhd. Prasarana, wholly owned by the Finance Ministry, is the asset owner of the bus services operated by Rapid KL and Rapid Penang.
This is reminiscent of how the feds moved in soon after the BN-led Penang government under Koh Tsu Koon indicated it wanted to set up its own state-owned bus service following numerous complaints about the privatised “cowboy”-style bus service. The Penang government’s plan to set up a state bus corporation was thwarted when the feds set up Rapid Penang, a subsidiary of Rangkaian Pengangkutan Integrasi Deras Sdn Bhd (Rapid KL), also wholly-owned by the Finance Ministry.