Transport

As Malaysia aims to achieve high-income country status by 2020, the key to reaching the goal is enhancing transport infrastructure, with major investments in air and sea, road and rail currently under way. At the same time, the logistics sector remains highly competitive, with air transport in particular seeing some fierce price wars in 2013-14. The most recent census – for 2010 – confirmed a trend of expansion in the sector, with a compound annual growth rate of 4.5% in the number of transport establishments between 2003 and 2010, and a 1.5% CAGR in employment in the sector. One National Key Results Area under the Government Transformation Programme is to increase urban public transport’s share of passenger journeys from 12% currently to 40% by 2030. With heightened competition in air, major road and rail projects under way on land, and a significant boost in port capacity, the Malaysian transport sector is likely to have some significantly busier times in the years ahead. This chapter contains an interview with Jean-Bernard Levy, Chairman & CEO, Thales.