MEX, Karak, LPT1, SMART, DASH, SUKE, SKVE, SPE, WCE, LEKAS highways ran losses in 2024 – A. Maslan

Deputy works minister Datuk Seri Dr Ahmad Maslan has said in the Dewan Rakyat that 12 toll concessionaires in Malaysia recorded losses in 2024, reports the New Straits Times.

These include the Kuala Lumpur-Putrajaya Expressway (MEX), the Kuala Lumpur-Karak Highway (KLK) and the East Coast Expressway Phase 1 (LPT1), the Stormwater Management And Road Tunnel (SMART), the Kemuning-Shah Alam Highway (LKSA), the Sungai Besi-Ulu Klang Elevated Expressway (SUKE) and the Damansara-Shah Alam Elevated Expressway (DASH).

The list also includes the Senai-Desaru Expressway (SDE), the South Klang Valley Expressway (SKVE), the Setiawangsa-Pantai Expressway (SPE), the Kajang-Seremban Highway (LEKAS), the West Coast Expressway (WCE) and the Butterworth Outer Ring Road (BORR).

“In conclusion, anyone proposing new highways must calculate traffic and financial projections carefully. If traffic volume is insufficient, revenue will not cover operating costs, and eventually, the government will have to bear the losses when taking over the concession,” Ahmad Maslan said in reply to Wangsa Maju MP Zahir Hassan, who asked about toll concessions’ performance.

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