It’s a free market, Loke says on vehicle inspections

It’s a free market, Loke says on vehicle inspections

The minister dismisses criticism over the appointment of three 'inexperienced' firms, saying there are none with experience given Puspakom's former monopoly.

loke siew fook
Transport minister Loke Siew Fook accused certain parties of politicising the issue instead of supporting the government’s move to break up the monopoly in the vehicle inspection industry.
SHAH ALAM:
Transport minister Loke Siew Fook today defended the government’s decision to appoint three companies to carry out motor vehicle inspection services, ending Puspakom’s long-standing monopoly of the industry.

Loke said that the vehicle inspection industry was now open to any company, and that a free market allows other firms to apply to provide vehicle inspection services.

“Previously, only one company (Puspakom) was given exclusive rights to provide this service, and there were many complaints (about this monopoly).

“We have since opened the market, creating competition and giving more choices to consumers,” he told reporters after officiating the groundbreaking ceremony of Exio Logistics Hub here today.

Loke also dismissed criticism that the three firms were “inexperienced”, saying there were no companies with experience in vehicle inspection as Puspakom used to have a monopoly of the industry.

He reiterated that the three companies were not the only ones eligible and that others could also apply to provide the services.

“Can you name me one company that has experience in vehicle inspections? There isn’t because it was a monopoly. Why is no one questioning how Puspakom was established back then without prior experience?” he said.

Putrajaya appointed Wawasan Bintang, Pakatan Petroleum, and Beriman Gold to carry out motor vehicle inspections alongside Puspakom, which will continue operating as usual.

A former PAS Youth leader had questioned the selection of one of the companies, arguing that it was only eight months old and had no track record.

The ministry later said a specific registration period with the Companies Commission of Malaysia was not a requirement for appointment.

Loke today accused certain parties of politicising the issue instead of supporting the government’s move to break up the monopoly.

“Some people are deliberately twisting the facts. There was no contract awarded (to the three companies), yet they claim there is cronyism.

“If you don’t like a certain company, don’t use it. Stop politicising everything. When it was a monopoly, nobody said anything,” he added.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.