PM: No Toll Hikes For Four Highways In Klang Valley Until End Of Concession Periods

Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that the toll rates for four highways in the Klang Valley will remain unchanged until the end of their concession periods. This is following the decision to restructure the concessionaires that are managing the highways.

Specifically, the four highways that will not see any hikes in their toll rates from now include:

According to Datuk Seri Ismail Sabri, the government has agreed to restructure the highway concessionaires in order to relieve the financial burden of the people. “This is the government’s continuous effort to ensure that Malaysian families are not burdened, especially with the increase in toll rates as stipulated in the concession agreement,” said the prime minister.

Datuk Seri Ismail Sabri further said that the restructuring will also be beneficial to the government as it is expected to reduce the compensation cost from 1 January 2022 until the end of the concession periods. With this, the government will be able to save at least RM4.3 billion in toll subsidies, which can then be channelled to the country’s infrastructure development programmes and other facilities.

Meanwhile, Senior Works Minister Datuk Seri Fadillah Yusof explained that the restructuring will be carried out as the concessionaires are to be acquired by Amanat Lebuhraya Rakyat Bhd (ALR), a private company. While the effective date of the takeover has not been finalised yet, it will see the concession period for Kesas, SPRINT, and LDP extended. The concession period for SMART, on the other hand, will be shortened. 

(Sources: Malay Mail, New Straits Times)

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