To prevent future increases in toll rates, the government is considering extending the concession periods of highway operators by up to 30 years, according to the Malay Mail that referred a report by The Edge.
Unnamed sources told the publication that such a move had yet to be greenlit by the Cabinet, but if it does, an announcement could be made sometime in the second half of this year. “I was told the government is looking to raise it up to 30 years for all concessionaires,” one source was reported as saying.
“It is likely to be announced in the second half of the year,” the same source continued, adding that highway operators have already been notified by the government of the possible extension of their concession periods.
Meanwhile, a second source who is reportedly close to a concessionaire said the possible extension was in the government’s interest to prevent toll rates from being hiked as well as to avoid paying compensation to highway operators.
A third source adds that longer concession periods could lead to a reduction in toll rates. “It is likely that the highway owners would need to reduce their toll rates in exchange for a longer concession period,” the source was quoted as saying. This has happened in the past, as back in January 2020, PLUS Malaysia reduced its toll rates on its highways by 18% after its concession was extended another 20 years to 2058.
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looks like 3 to 4 generations will have to pay toll.
What to do… debt-trap signed
by the “22y-22m” lejen
“Bila jadi gomen kita akan mansuhkan semua toll”
Janji dicapati?
Operators..celebrate unto the 5th generation.
Extend the concession to another 100 years and give 75% toll discount…
Win – win situation…
Joke of the Year.
PH gomen is joke of the century and make Msia become butt of Asean joke
What happened to the “Hari ni menang, besok toll cancel” pledge?
Free toll manifesto..? Bhahahahahahahahaha….!!!!
Only during Raya…
syukurrrrrr
discount toll rate 90%, extend toll collection to 1000 years.
all talk cock ….whoever wins the normal rakyat stand to lose …before election promised this promised that ..all bullshits only…afterall ..all are bastards and lies only…
Never ending source of income.
Thats how billionaires are created out of nowhere.
Not how many degrees u have.But how many “connections” u have.
Toll operators are having a ball all because the past government did not have the people’s interest in mind when signing off to the concessionaire. Corruption or abuses of power and self interests were the main considerations back then. Now future generations have to pay while those who enriched themselves basked in their vast wealth. The unity government must make these crooks pay.
How to make right when unity gomen are all crooks? Ever seen a crook make a crook pay?
Don’t you realize the unity gomen consist of parties that approved those concessions?
wooooowwww… everybody got scam by politician.
gomen permaidani
Lain janji lain dapat
hancing
This looks like another failed gomen. Soon higher electric tarrifs, petrol and diesel, and now never ending toll. For those who lives in suburbs, it costs hundreds of RM a month. Even overseas investor are leaving the klse. Plus RM continue to fall as no ” reformasi”.
I think the gov is worry about maintaining the Highway…
Once concession ends, gov bear the cost of highway maintenance
Easier to just outsource it, and let them collect tolls in exchange for keeping highways in working condition
So dun promise so easily just to get votes! Bodoh gomen!
After so many years of various formulas and radical ideas.. Finally got to become government. The only solution is to adopt BN’s most used formula.
Ada rasa tipah tertipu dengan pakar ekonomi tak?
Better say forever!
dah la highway becomes a parking lot during all holidays n i cannot brain why the increase in cost related to a stretch of road, n this is what they decide… i hate those ppl in charge !!! saya tk halal duit if they decide to go with this