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Established in 1998 and operational since 2002, Syarikat Prasarana Negara Berhad (Prasarana) is a wholly-owned Government company which is mandated to transform the country's public transport sys-tem. Asset owners and operators of the two LRT networks, KL Monorail; and the bus ser-vices of RapidKL, RapidPenang and RapidKuantan, Prasarana is entrusted by the Government to upgrade the standard of public transportation in-dustry and services in the country as efforts in enhancing mobility and connectivity in boosting productivity and economic growth of the nation.

Effective January 1, 2013, Prasarana undertook a major restructuring exercise with the establishment of four new strategic business units - Rapid Bus Sdn Bhd for bus operations; Rapid Rail Sdn Bhd for rail operations; Prasarana Integrated Management & Engineering Services Sdn Bhd, or PRIME, for manage-ment and consultancy services in projects management and development; and Prasarana Integrated Development Sdn Bhd, or PRIDE, in undertaking commercial and property projects via joint venture companies on lands assigned to Prasarana by the Government.

Within the Group, Prasarana continues to have under its wings the Project Development Division, which is currently responsible for two key infra-structure projects - the LRT Line Extension Project for both the Ampang and Kelana Jaya Lines; and the new Bus Rapid Transit - Sunway Line, which are expected to provide massive impact in the efforts to further elevate the standard of public transportation services for Klang Valley.