Monday, March 7, 2011

Accidents cost Malaysia RM9.3bil

SHAH ALAM: Malaysia is paying a heavy price due to road accidents, and the cost to the economy last year was about RM9.3bil, Road Safety Department director-general Datuk Suret Singh said.
“The massive loss was calculated taking into account various aspects, including insurance payout, medical costs and productivity loss due to permanent disability resulting from road accidents,” he said.
Once the road users, especially motorcyclists, changed their mindset and became more disciplined in road usage, the country could save the RM9bil which amounted to 1.5% of the country’s Gross Domestic Product (GDP), he said at the safety and health campaign on roads and at the workplace organised by Proton Holdings Berhad at its headquarters here on Wednesday.
The event was launched by Proton Group Managing Director Datuk Syed Zainal Abidin Syed Mohamed Tahir.
Suret said his department had helped to reduce the road accident injury rate by 42% over the last five years.
“The department has also reduced the road accident fatality rate to 3.55% now compared with 4.3% five years ago,” he said, adding that 6,745 people died in road accidents last year.
He said many fatality and injury cases due to road accidents involved motorcyclists, and added that the figure could be reduced if motorcyclists followed traffic rules and fastened safety helmets properly.-Bernama

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