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Acquisition of highway concessions to take 6 months

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PUTRAJAYA: The government expects to take about six months to acquire the toll concessions for four main highways — Damansara Puchong Expressway (LDP)...

PUTRAJAYA

“The takeover of the highways must be carried out at a fair and reasonable price,“ he told a media conference at his ministry here today to announce that the start of operation of the official website for the mySalam insurance scheme. For the “off-peak” period from 11pm to 5am, commuters will travel on the highway for free. At other normal travelling hours, they will get a discount of up to 30% on existing toll rates.

“In fact, any surplus from the congestion charge collected will be channelled back towards the development and maintenance of the public transportation system in Malaysia,“ he added.

 

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Govt warned of challenges in acquisition of highway concessions | The Malaysian InsightExperts estimate it will cost between RM130 billion to RM145 billion to takeover all highways in Malaysia.
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Guan Eng: Acquisition exercise of four highways to take six monthsPUTRAJAYA: The government expects the acquisition exercise of the four highways to take six months, says Finance Minister Lim Guan Eng. DO NOT take over highways. guanenglim you are going about the wrong way. At the end we suffer. Identify profitable concession holders and CUT toll rates substantially... like what you did you UTAR funds Start with UEM who owns North South Highway and GAMUDA who owns KESAS Government already owns PLUS. Why bother about other highways? Start with PLUS if you are serious.
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Mohamad Hasan questions concession acquisition move to cut tollsSEMENYIH: Barisan Nasional’s top leadership continue to question the Government’s motives for negotiating the acquisition of four main highway concessions. Hypocrites now in the name of Islam using formula of unity and they have no issue with keeping silent on corruption & stealing or blame others. For Malays we need to safe from cases as rapes, drug, rempit, dera and jobless tokmatn9 Umno ngok ni. Ahhahah
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