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MALAYSIA MOTORCYCLE WORKSHOP WILL BE MODERNISED

By • Apr 12th, 2011 • Category: ! Product News

Motorcycle workshops in Malaysia will be modernised to provide a more systematic and efficient service via the franchise system as part of government efforts to transform the motor repair business to make them more profitable. Soft loans will be provide to workshop operator to enable them start the franchise business with Moto X-TRA that only requires a budget of RM30,000-RM35,000 and will benefit workshop operators in rural areas.

MALAYSIA MOTORCYCLE WORKSHOP WILL BE MODERNISED

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Motorcycle Workshops In Malaysia Will Be Modernised

BANDUNG, April 8 (Bernama) – Motorcycle workshops in Malaysia will be modernised to provide a more systematic and efficient service via the franchise system.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri smail Sabri Yaakob said efforts are underway to conclude negotiations with franchisor Motor X-TRA.

“Modernisation of motorcycle workshops is part of government efforts to transform the motor repair business to make them more profitable,” he said after hearing a briefing on the franchise of Moto X-TRA here Friday.

Ismail said his ministry was negotiating with the Finance Ministry to provide soft loans to workshop operator to enable them start the franchise business.

“Soft loans are more realistic as it will speed up loans disbursement by banks compared to subsidy due to the stringent conditions imposed.”

He said starting the Motor X-TRA franchise business only requires a budget of RM30,000-RM35,000 and will benefit workshop operators in rural areas.

Efforts to modernise motor workshops had begun with a pilot project in Kuala Lumpur with a capital of about RM100,000.

The minister who is on working visit here had earlier delivered a keynote address at the Franchise Business Concept Expo 2011 at Graha Manggala Siliwangi.

— BERNAMA

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