The Malaysian government has no plans to renegotiate existing highway concession agreements, including their durations as each agreement operates under their own terms and timelines, works minister Datuk Seri Alexander Nanta Linggi has said, reported New Straits Times.
While the government was open to discussing short-term toll hike deferments with highway concessionaires, which are typically carried out through compensation mechanisms, a full re-negotiation of concession terms was not on the table, Nanta said.
“Each highway operates under a different concession agreement with varying durations and conditions. We can negotiate postponements, but we still have to pay compensation. To overhaul an entire contract would require the concessionaire’s willingness. So far, there is no direction or decision to renegotiate any existing agreements,” the works minister said.
The toll fare hike deferment applied only for this year, with the government expected to bear more than RM500 million in compensation. “Let me clarify. The toll freeze applies only for 2025,” Nanta said, reported NST.
This was announced as part of prime minister Datuk Seri Anwar Ibrahim’s special “rakyat appreciation” address, which also revealed that the subsidised price of RON 95 petrol will be reduced to RM1.99 per litre later this year for the majority of Malaysians.
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Anwar menang rakyat senang
Rakyat tertipu Anwar menang
Meaning PMX has no intention at all to fulfill his promise above. He must step down for lying to rakyat!
#TurunAnwar
“Let me clarify. The toll freeze applies only for 2025,” Nanta said
And likely again in 2028 when GE16 comes. Of course this round is due to seething rakyat anger.
Then jangan renew la if they not willing. Or maybe next time read the fine print before signing on the dotted line. Anyone would think in the 4+ decades of highway concessions here someone would have learned not to sign one sided agreements and later keep renewing them. Pemahaman bahasa pass ka ini semua? Or just can’t pass up the payoff?
Then next year offer another round of discounts and pat yourselves on the back. Manyak pandai ingat rakyat semua bodoh.
Memang rakyat semua bodoh kerana tertipu oleh janji PMX atas
Declassify the concession agreements, so that we motorists know what the govt committed to the operators. Or justify why it has been classified all this while.
He don’t dare declasify bcoz it was signed by then Finance Minister & Deputy PM Anwar Ibrahim.