PLUS concession restructuring to create savings of up to RM1.1b in 2020, says finance minister | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

PLUS concession restructuring to create savings of up to RM1.1b in 2020, says finance minister

Thursday, 23 Jan 2020 06:19 PM MYT

Finance Minister Lim Guan Eng said the RM1.1 billion in savings comprised RM0.5 billion from the 18 per cent discount and RM0.6 billion in government compensation to the highway concessionaire for freezing toll rates. “The Cabinet yesterday also called for an emergency meeting involving all stakeholders on the same day following the Cabinet meeting to ensure the government’s decision to restructure the PLUS concession can be smoothly and well implemented according to the fixed timeline,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I don't care how much say saved, 1 billion or 100 billion. Close all tolls or shit is gonna happen, G!5

I have only one word for this fella. NUMBSKULL!

Your acclaimed of saving is our rakyat's acclaimed bitterness! Twerp!

ah beng ... apa ni 1.1billion? ..... you need to peg it to something we can understand. the only 1 billion i know is the one you gave to jakim and no islamist said thank you but took it as a matter of entitlement.

guanenglim tonypua1981 V don't trust politicians, esp yr spindoctoring extending PLUS concession 2 2058 esp when B4 GE2014, u said tollcos cud be bought 4 cost less govt grant & PLUS already recovered its cost of $6B by 300%. Pls publish yr calculations so v can study it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines