The government has agreed to defer scheduled toll fare increases at three highways to next year. This was revealed by works minister Datuk Seri Fadillah Yusof, reported by Malaysiakini.
The three highways concessionaires that were supposed to raise toll fares from January 1 this year are the Shah Alam Expressway (Kesas), South Klang Valley Expressway (SKVE) and the East Coast Highway Phase 2 (LPT2). The senior minister said that the cabinet decided on the deferment after considering the rise in living cost due to the Covid-19 pandemic.
Meanwhile, the government also decided to extend the deferment for toll fare hikes at 21 highways, including the North South Highway (Plus), Duta-Ulu Kelang Expressway (Duke), Damansara-Puchong Highway (LDP) and the Kl-Putrajaya Highway (MEX).
Fadillah revealed that the government will bear compensation of RM2.25 billion following the decision to maintain toll fares. “The estimated compensation is based on the formula that was set in the concession agreement and the actual compensation amount will be determined after the traffic verification process conducted by the Malaysian Highway Authority (LLM),” he said in a statement.
Looking to sell your car? Sell it with Carro.
Looks like election would be delayed until 2022.
Election sampai bila2 asalkan rakyat berkali2 kene game. LOL xserik lagik
This is exactly why “excessive-built infrastructure” committed to bleeding suicides. More to come MRT1-2-3 eCRL HSR LRT3
During economic depression, it is public works such as these that keeps the economy running. No different than today with Covid.
that’s how the big g keeps economy running even if any one of us risks becoming part of the 4 digit daily new covid cases
If USA did not do massive public spending works post-Depression Era to dig themselves out of economic ruination, they would have not the financial and moral gumption to fight and eventually win WW2. Think about that.
Except that at that time, they didn’t have to face a killer global pandemic.
orang xjaga social distance
Are you saying modern public transportation is the worst thing that happened to mankind in the world? what madness has covid done to you?
Is this an indication that PRU15 is coming closer? NSE was built 30 years ago, it should have been fully paid off by now , I agree there should be toll but a reasonable amount to upkeep the highway, not as a money maker for its concessionaire, maybe I am wrong.
Our previous PM increase concession period from 20 years to 50 years.
Tengkiu gomen prihatin. Balik raya jimat modal.
Syukuring just gets better and better and better. With no toll increase, cheaper petrol, and car sales near 50% higher, and more jobs incoming with Google, Microsoft & Amazon setting up tech centers, the future is brighter than ever.
Thank you for this. I appreciate it a lot.
Thank you again for being prihatin to us rakyat.
Eh, masa PH extend Plus Highway toll collection another 20 years to 2058 with 18% tolls reduction igtkan xde dah kenaikan tol. Tipah tertipu lagi rupanye.
Thank you for Tun. Syukuring on.
We have the cheapest petrol and cheapest toll prices in the region.
Syukur sangat and grateful we all Malaysian.
This is how the government bail-out the highways but try to make it sound like they’re doing it for the public ‘s interest again.
This is solely done for NSE’ s benefit.
Let them raise the tolls all they want, we ain’t getting affected. Stop manipulating.
Stop sending them billions just to help them keep a few guys getting paid millions in there . Help the poor instead.
Whoever can promise cheaper toll in GE14, won it.
Whoever can promise cheaper toll in GE15, will win it.
Unless M’sians got much smarter than that.