The government has started negotiating with toll concessionaires with the aim of maintaining or reducing toll charges on 19 highways, according to deputy works minister Abdul Rahman Mohamad, reported by The Edge. The concessionaires include Amanat Lebuhraya Rakyat (ALR), Projek Lintasan Kota Holdings (Prolintas), IJM, ANIH and PLUS. He did not specify which highway deals are currently being negotiated.
In 2022, ALR took over four highways from Gamuda and now controls the LDP, Sprint, Kesas and Smart Tunnel. Prolintas holds six concessions including the AKLEH, Guthrie Corridor Expressway, LKSA, Kajang SILK, SUKE and DASH highways. IJM holds four concessions, namely the Besraya, NPE, LEKAS and the West Coast Expressway under WCE Holdings.
PLUS holds concessions for the North-South Expressway, NKVE, Seremban-Port Dickson Highway, North-South Expressway Central Link and the Butterworth-Kulim Expressway. The Malaysia-Singapore Second Link and Penang Bridge are also in the group’s portfolio.
The main highway from KL to the east is split into two – ANIH handles the KL-Karak Highway and LPT1, while Phase 2 of the LPT (LPT2) is operated by LPT2 Sdn Bhd.
Abdul Rahman said that any proposal to restructure concession agreements hinges on discussions with concessionaires and the government, subject to approval from the finance ministry.
Decisions regarding toll rates must be made holistically and conclusively, considering their significant financial implications and the need to maintain investor confidence, comply with concession agreement terms, and ensure the concessionaire’s responsibility for highway assets’ management and costs, ultimately alleviating the government’s future financial burden, he added.
“However, such proposals require comprehensive studies, and it has been estimated that abolishing tolls nationwide would cost around RM400 billion,” the Lipis MP said. The RM400 billion figure has been mention before, and dates back to a couple of administrations.
The business publication said that Abdul Rahman’s statement confirms its report in May that said the government is looking at extending the concession period for all highways in Peninsular Malaysia to avoid toll hikes. The extension could be as long as 30 years, subject to cabinet approval, its sources said.
Negotiations are needed because the concessionaires have legal rights to increase toll fares, according to the their respective deals. In order for toll fares to not increase, the government has to compensate the concessionaires using taxpayers’ money. For instance, last year, the government coughed out RM861.22 million to maintain toll rates. A card the government can play is to grant extensions to the concession period – they can collect less, but collect for longer.
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Alhamdulillah mantap terbaik.. kerajaan Perpaduan perihatin rakyat.
Yes, can inherit toll to you son and grandson
Mantap la sgt.. bukan ke ari tu janji nk turunkan harge tol…nak nmpak hero, tapi janji x ditepati.. thank you supporter PH.. undi la lagi ye..
Buku jingga cakap “hapuskan tol!”… (Nota: Buku jingga bukan kitab)
“A card the government can play is to grant extensions to the concession period – they can collect less, but collect for longer”. Traffic increased each year. What do you mean by “collect less”?
The negotiation, whoever wins, the rakyat lose.
Toll rate should double because too many cars on the road
Maintain toll rates
Maintain Rm 2.05/litre petrol
Maintain TNB subsidies to lower income groups
Maintain local rice,sugar, prices
Sure menang PRU 16…Proven formula,Mr PMX
Once u remove the “hypertension” economic drug…all hell break loose.Kidney,heart failure..macam macam
Anwar menang tol hapus
Mythomania bermaksud kelainan psikologi yang menyebabkan seseorang mempunyai perilaku berbohong secara terus-menerus dan dalam jangka waktu yang lama.
Berikut adalah ciri-ciri mythomania:
– Pembohongan mereka tidak mempunyai kelebihan tertentu
– Kisah biasanya dramatik, rumit, dan sangat terperinci
– Biasanya mereka menjadi penyelamat atau mangsa utama dalam cerita
– Mereka percaya bahawa kisah mereka benar-benar berlaku
– Pembohongan diceritakan berulang kali.
Dah masih lagi jelas yg kamu ni dah kenal sangat dgn ‘mythomania’ kerana kamu masih berbohong kpd diri sendiri yg kamu ni PM Zimbabwe, sedangkan jawatan PM Zimbabwe sebenarnya tidak lagi wujud sejak 10 tahun yang lalu bila perlembagaan Zimbabwe diubah.
An ancient scripture same old story to show how the government care about their rakyat
Pls scrap all vehicles above 20yrs
Who in the first place very stupid to agree to the contract that favour to the companies and not the government and rakyat? We want to know.
*WHAT TO NEGOTIATE*?… THE GOV SHOULD JUST SAY *NO* is that so difficult?
I really want to understand how the financial model of the private toll road works and how the BOT being awarded out by the Government.
I’m think prior to any proposed private highway, there is a financial model and business forecast to determine the traffic exponential in certain years. Failing to achieve the traffic numbers, the concession shall be entitled to increase the toll rate to maintain the IRR or any OPEX shall be pre determined exponentially as well.
Now, my question is, from the beginning is it the proposed business model is too aggressive to justify the amount of traffic that can be achievable in order to make the investment viable?
I’m sure that up to certain years, the concession shall be allowed to increase the toll rate or otherwise to replace by the increase of traffic.
Again, how toll concession justify the number, actual data Vs forecast?
Otherwise, we should not be facing this toll hike every time??
The amanat lebuhraya already took over from gamuffa using tax payers money so it should be toll free no?
When halim saad propose to take over plus for RM20 bil with no toll increase, najib says no and used epf money to buy over plus.
Can gomen ask plus to widen their highway?
Burden to the people and tax payers’ money. There is little benefit. Except for the folks who are collecting the toll.
Setiap tahun ratusan ribu kereta baru terjual. Dgn nisbah kereta baru kpd keuntungan. Secara logikalnya smkin bsr untungnya sbb hypothesis semakin byk itu berlaku.
Hakikatnya, extension ini umpama konflik timur tengah yg tiada penghujung.
…makin kerap pothole atas jalanraya