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Road crashes account for heavy economic losses

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Magazine Issue: 
State of the art [3]
Magazine date: 
Oct 2010

The analysis of the road crashes in Malaysia has yielded unequivocal results. It found that economic losses amounted to 2.96 billion USD, that is, 1.5% of the GDP. These losses are accounted for by various factors such as insurance costs and medical costs. Despite these bad figures, the rate of deadly accidents went from 4.3% five years ago down to 3.55 % in 2010. The two wheelers (bicycles and motorcycles) account for a large number of those 6745 people killed in 2009.

Fri, 19/04/2013 - 15:33

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