No 20% discount on toll rates for Second Penang Bridge due to underperformance in revenue generation

No 20% discount on toll rates for Second Penang Bridge due to underperformance in revenue generation

The 20% discount on toll rates for the Penang Bridge will not be extended to the Second Penang Bridge (also known as the Sultan Abdul Halim Muadzam Shah Bridge), Bernama reports. This is due to the latter’s significantly higher construction cost and underperformance in revenue generation.

Speaking in the Dewan Negara, deputy works minister Datuk Seri Ahmad Maslan said the construction costs for both bridges were vastly different, with the Penang Bridge costing RM850 million, while the Second Penang Bridge was much higher at RM4.8 billion.

“In terms of revenue, the Penang Bridge generated RM29.3 million in 2023, while the second Penang Bridge was expected to generate RM137.2 million. However, it only achieved RM53.8 million, 42% of its projected revenue,” Ahmad Maslan explained.

“This shortfall is one of the key reasons we cannot offer the 20% discount,” he added in response to a question posed by senator Lingeshwaran Datuk Seri R. Arunasalam, who asked whether the discount could be extended to Second Penang Bridge users.

Ahmad Maslan did point out that the Penang state government could submit a request to the finance ministry, which oversees revenue management for the bridge, for further consideration.

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Comments

  • So we are being penalized for your incompetence

    Like or Dislike: Thumb up 19 Thumb down 1
  • Kea Was on Dec 05, 2024 at 1:45 pm

    Lol this will substantiate lower the usage of Bridge 2 even further and defeats its purpose. Well lets see if property prices there goes up or not.

    Like or Dislike: Thumb up 13 Thumb down 1
    • Ghani on Dec 05, 2024 at 4:01 pm

      Real stupid PH/DAP Gomen. 2nd Bridge was built to alleviate the traffic on 1st Bridge but then they give discount only for 1st Bridge so of course who still want to use 2nd Bridge? By right if they wanted to promote 2nd Bridge and bring more revenue they should have gave discount to 2nd Bridge only, the extra usage will easily cover the 20% discount shortfall. Ini pon tak tau buat kira kira kah Loke? Tau jual nombor plate saja kah?

      Like or Dislike: Thumb up 28 Thumb down 5
      • Why blame PH Gomen while the bridge is built during Najib’s reign? Ermmmm

        Like or Dislike: Thumb up 4 Thumb down 10
        • Maybe on Dec 06, 2024 at 3:47 pm

          Building and operating are both different aspects. Like someone driving like an arse-hol and suddenly the manufacturer is at fault?

          Like or Dislike: Thumb up 3 Thumb down 0
        • Plain BS on Dec 07, 2024 at 3:00 pm

          Yeah sure just like how PH is ruining the country and they are blaming BN /Najib for it. Plain BS from PH

          Like or Dislike: Thumb up 4 Thumb down 0
    • Dah Menang Semua on Dec 05, 2024 at 4:25 pm

      Thanks to Badawi & son-in-law

      Like or Dislike: Thumb up 2 Thumb down 7
  • Sepet on Dec 05, 2024 at 2:36 pm

    Because no one wants to go to China land

    Like or Dislike: Thumb up 48 Thumb down 18
  • If it under performs, give discount so more people will use it, is Bernama retarded?

    Like or Dislike: Thumb up 8 Thumb down 3
  • Laugh on Dec 05, 2024 at 4:56 pm

    Lol… then this move will ensure even more people to use the Penang bridge rather than the second one.

    End up even lower revenue for the second bridge.

    Yeah, the rakyat is stupid.

    Like or Dislike: Thumb up 16 Thumb down 0
    • Plain BS on Dec 06, 2024 at 9:58 am

      Nope only DAP & PH stupid to missmanage the island state and its infra

      Like or Dislike: Thumb up 6 Thumb down 1
  • The projection job was done by some incompetence ppl?

    Like or Dislike: Thumb up 2 Thumb down 2
    • Ibrahim on Dec 06, 2024 at 12:23 pm

      Ballooning the cost of project was normal for the BN government of that time. Now they wish government to subsidize the fee for the RAKYAT for the political mileage. End result is Rakyat forced to take the burden. BN ummano corruption….

      Like or Dislike: Thumb up 2 Thumb down 5
    • Rakyat Malaysia on Dec 07, 2024 at 3:02 pm

      Projection was made with the facts there are no discount given for 1st bridge. Mana tau stupid DAP Gomen giving discount only to older bridge making it more popular despite 2nd bridge is more convenient . Of course we all know why this reason is to make 2nd bridge unpopular so they could tar PM Badawi good name who pushed for this bridge.

      Like or Dislike: Thumb up 6 Thumb down 0
  • Selva on Dec 05, 2024 at 6:54 pm

    OH MY GOD! Is the government profit minded?

    Like or Dislike: Thumb up 4 Thumb down 0
  • Looking at the daily traffic for both bridges, it is surprising to me that Penang Bridge’s revenue is so much lower. Considering the data coming from Amad Maslan, hmm…

    Like or Dislike: Thumb up 6 Thumb down 0
 

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