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BUDGET 2017 – STATEMENT FROM GRAB

Grab applauds and commend the Government for being forward thinking and embracing technology and ride hailing services to improve the lives of the Rakyat.

From the onset, as a Malaysian homegrown brand, Grab first began as MyTeksi with the primary objective to improve the welfare of taxi drivers by providing them a more efficient way to earn a living by leveraging on technology to match the need for transport with the supply of cars. 

In our continuous endeavour to improve the transport industry, we introduced GrabCar to address the unmet demand for transport in high traffic areas during peak periods. Many of our drivers are driving with Grab to either supplement their income or as a full-time career. They are appreciative of the concept of being an “entrepreneur” yet with flexible working hours enabling them to make time for their family. This marks the breath of ride hailing service – not just as a service provider, but also as a viable source of income. 

Therefore, we applaud and commend the Government for being forward thinking and embracing technology and ride hailing services to improve the lives of the Rakyat. 

Firstly, for encouraging those in the B40 group especially BR1M recipients to consider driving for ride hailing services to supplement their income. 

And secondly, for allocating funds for taxi drivers to purchase new vehicles which will enable the 12,000 taxi drivers who have completed their contracts with taxi companies to earn a sustainable income and to be independent, benefiting from the offering of individual taxi permits.

We appreciate the newly announced budget that looks into their needs to overcome a significant hurdle, namely vehicle ownership and capitalising on it as a legitimate source of income. 

As such, Grab, as the region’s leading ride hailing service, is looking forward to receiving applications from anyone interested to partner with us and to grow our fleet of drivers to better serve our customers by providing safe, convenient, comfortable and cost effective rides. 

In a nutshell, we are excited that the Government is embracing innovation and technological advancement to transform not just the transportation industry but also positively impact all relevant parties, especially drivers. We are also ever committed to work alongside the authorities as we journey towards legalisation and embracing ride hailing as a significant affiliate to improve the standard of our local public transportation industry.  

Jaygan Fu
Country Head, Grab Malaysia

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