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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