Road accidents cause RM30b in socio-economic losses a year - Nanta

Malaysia incurs up to RM30 billion in socio-economic losses each year due to road accidents, as reported by Works Minister Datuk Seri Alexander Nanta Linggi. The figure takes into account the economic value of associated risks such as loss of productivity and income, treatment costs, and the impact on families and society. However, Nanta emphasized that the loss of life cannot be quantified in monetary terms.

The findings on the socio-economic impact of road accidents were presented during a Cabinet Committee on Road Safety and Congestion meeting chaired by Deputy Prime Minister Dr Ahmad Zahid Hamidi. Last year, road accidents claimed 6,537 lives, averaging 18 deaths per day. Nanta highlighted that 80.6% of accidents were attributed to human factors, indicating that road safety is a collective responsibility requiring a multifaceted approach encompassing education, enforcement, technology, and safer infrastructure.

The Works Ministry aims to build and maintain safer roads to reduce risks and minimize human error, rather than merely repairing them after accidents occur. Nanta stressed that the RM30 billion figure represents more than just an economic cost; it reflects the profound impact of road tragedies on families and society. He emphasized the need to prevent the normalization of 18 deaths per day, stating that every life saved is a victory for the people.