Malaysia paid highway concessionaires RM861.22 million in 2022 to keep discounts, delay toll price hikes

Malaysia paid highway concessionaires RM861.22 million in 2022 to keep discounts, delay toll price hikes

More data from the Auditor-General’s Report 2022, this time in regards to toll compensation subsidies. According to the AG, out of the RM55.443 billion that the Malaysian government spent on subsidies last year, RM861.22 million went to toll compensation subsidies.

This represents a decrease of RM474.94 million or 35.5% compared to the RM1.336 billion recorded in 2021. As noted in the report, the compensation expenditure was paid to 19 highway concessionaires for granting toll discounts as well as delaying toll rate increases.

Malaysia paid highway concessionaires RM861.22 million in 2022 to keep discounts, delay toll price hikes

In May this year, it was reported that the government was considering extending the concession periods of highway operators to prevent toll rates from increasing. It was claimed that in exchange for longer concession periods, highway operators would lower toll rates, although nothing has been made official yet.

Meanwhile, works minister Datuk Seri Alexander Nanta Linggi said that the government has no plans to abolish tolls at present due to the significant financial implications, as opposed to the Pakatan Harapan (PH) coalition’s pledge ahead of the 15th general elections (GE15) that it would do so.

Looking to sell your car? Sell it with myTukar.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

Gerard Lye

Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.

 

Comments

  • Nurul Izzah on Oct 12, 2023 at 11:26 am

    Anwar menang tol hapus

    Like or Dislike: Thumb up 9 Thumb down 5
  • Janji dicapati on Oct 12, 2023 at 11:26 am

    Refer my name

    Like or Dislike: Thumb up 9 Thumb down 12
  • SAYA ULANG

    Like or Dislike: Thumb up 1 Thumb down 4
  • Tambah lorong toll tu.. maintain prices. Ni bayar tol, tapi jamm. Scam.. Jews business style.

    Like or Dislike: Thumb up 4 Thumb down 2
  • Seitha on Oct 16, 2023 at 11:23 am

    Paul Tan WRITERS…
    please expose the time capsule buried in Rawang RnR by mahatahi.
    We want to know what is in it. It should have been opened in 2018 but has not been!!
    Below is the link to some time capsules buried by mahatahi

    https://www.freemalaysiatoday.com/category/leisure/2020/01/01/5-time-capsules-in-malaysia-that-may-be-opened-in-2020/

    Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required