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Government Earns RM45.9 Million from Special Vehicle Plate Sales in 2024

The Malaysian government generated RM45.9 million from the sale of special vehicle registration numbers in 2024, with half of the revenue directed towards transport-related initiatives aimed at assisting low-income groups.

According to the Transport Ministry, the funds were raised through bids for exclusive plate series such as “GOLD,” “FFF,” “EV,” “PETRA,” and “MADANI.” In a Parliamentary reply to Jerantut MP Khairil Nizam Khirudin, the ministry stated that all proceeds from these sales were channelled into the Consolidated Fund under the Finance Ministry. Of the total amount collected, 50 per cent was allocated to the Transport Ministry to support various programmes designed to benefit underprivileged communities.

As reported by Malay Mail, among the initiatives funded by this allocation is the MyLesen programme, which covers the cost of driving tests for B2 motorcycle licences, Goods Driving Licences, and permits for e-hailing and taxi drivers. The revenue has also been used to provide free helmets for both adults and children as part of efforts to improve road safety.

In addition, the funds support the FLYsiswa initiative, which offers flight ticket subsidies to students enrolled in public universities, polytechnics, matriculation colleges, and teacher training institutes. A portion of the revenue has also been allocated for contributions under the Self-Employment Social Security Scheme, ensuring that taxi, rental car, and school bus drivers receive coverage for work-related accidents.

The Transport Ministry further stated that proceeds from the “GOLD” plate series were specifically used to sponsor the remaining 10 per cent of insurance contributions for self-employed drivers. This move is intended to strengthen social protection for those covered under the Self-Employment Social Security Act 2017.

By allocating funds from the sale of special vehicle registration numbers, the government aims to enhance accessibility, safety, and financial security for Malaysians who rely on public transport services and self-employment in the transport sector.

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