Big news for Klang Valley residents. Prime minister Datuk Seri Ismail Sabri Yaakob has announced that toll rates on highways operated by four concessionaires will not be raised until the end of their concession period, and this will be done via the restructuring of the four companies.
The government has agreed to the proposed restructuring of the companies that manage the Kesas Highway (Shah Alam Expressway), Smart Tunnel, Sprint Highway and Damansara-Puchong Highway (LDP).
The PM said the decision was made after a detailed study covering all aspects, namely the burden on highway users, the government’s obligations in line with the concession agreements, as well as the government’s financial burden, Bernama reported.
Normally, if toll prices remain unchanged, the government will have to pay compensation to the concessionaires, but Ismail Sabri says that the restructuring of the four companies was expected to reduce compensation cost from January 1 this year until the end of the concession period, and enable the government to save at least RM4.3 billion in toll subsidies.
He added that the restructuring was implemented in line with the government’s main principle and objective, which was to alleviate the burden of Keluarga Malaysia, and does not involve financial implications to the government. Details on the restructuring of the companies will be elaborated by senior works minister Datuk Seri Fadillah Yusof later, the Bera MP said.
“This is the government’s continuous effort to ensure that Malaysian families are not burdened, especially with the increase in toll rates as stipulated in the concession agreement. The savings from this move can be utilised for the country’s infrastructure development programme and other facilities that need to be given priority for the wellbeing of Malaysian families,” the PM said in a statement today.
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just on those 4 highways? what about others Ismail??
Others which are majority owned by KWSP have been frozen since ages ago. No need to ask.
As for any new highways, that need to ask what did PH Gohmen signed back when they were giving toll concessions left, right and center.
More highway collection is good for economy, lower national debt, more budget to hire more government servants to collect income tax from you
Of course more collection is good, where else can KWSP earn the 6.1% interest rate to give ingrates like you.
Have you heard the saying ” There is no free lunch?”
In the end,who is paying ?
So the entire nation was lied to back in May 2018 and that is okay with you?
You’d better go back to your paymasters and find a better argument, one that don’t contradict what they have said & promised.
In 2019 PH proposed the same thing with a RM6.2b price tag. Today in 2022, BN propose with a RM5.2b tag. In 3 years billions have been compensated to Gamuda. For info, KESAS consession expiring in 2023.
So PH cheated us RM 1Bil. Lucky they are not around in power anymore, otherwise we’d be pokai left, right and center.
Yes PH cheat us. In 2019, PN pay RM2.25b compensation to these toll consession holder. RM5.43b+RM2.25b equals to a whopping RM7.68b!
PH also cheated on PLUS 18% toll reduction.
https://paultan.org/2018/04/04/pakatan-to-remove-toll-in-stages-if-it-wins-ge-tun-m/
Headline: Pakatan Harapan (PH) will remove toll in stages within 100 days of governing if it wins the upcoming general election (GE).
Stop spinning lies. The internet never lupa.
#NeverForget
#UltimateBetrayal
#ManifestoDicapati
In stages; 1st stage 30% reducton, 2nd stage another 30% reduction, 3rd stage 40% reduction in 5 years mandate span. Come Sheraton, stuck at one stage.
Talk so much, Kuman. See below. The deal is not reduce but to remove it in 100 days.
Janji bukannye REDUCE TOLL.
Janjinye REMOVE TOLL.
PAHAM?!
Its offficial ALR takeover figure at RM5.43b.
Government should raise toll rate by 10 fold so that less congestion…
Sigh…
If PH gov kept their promise of abolishing tolls, we do not need to discuss on this matter any further.
Janji dicapati.
PH and their promise huh
PH REDUCED TOL BY 18% BY EXTENDING CONCENSSION PERIOD, KENA HENTAM LEFT RIGHT CENTRE. NOW KEEP THE PRICE BUT ECTENDING FURTHER, EVERYBODY PRAISE. MALAYSIAN MENTALITY???
https://paultan.org/2018/04/04/pakatan-to-remove-toll-in-stages-if-it-wins-ge-tun-m/
Headline: Pakatan Harapan (PH) will remove toll in stages within 100 days of governing if it wins the upcoming general election (GE).
Agreed on Malaysian mentality… there are many mudah lupa. semua janji dicapati. Lucky us, internet never lupas.
#NeverForget
#UltimateBetrayal
#ManifestoDicapati
Indeed we got cheated big time.
This time is worse. No reduction by even 1 sen, BUT will extending the CONCENSSION PERIOD again and again.
According to most Malaysians, toll increase is good since the current government didn’t make any promises compare to who make a toll abolishment promise but instead only able to reduce it.
Never promise something you don’t intend to keep, that is worse than not making promises as breaking promise is an act of betrayal of trust.