KUALA LUMPUR, April 4 The toll rates on highways operated by four highway concessionaires in the Klang Valley will not be raised and will remain unchanged until the end of their concession period with the restructuring of the four concession companies, Prime Minister Datuk Seri Ismail Sabri.
KUALA LUMPUR: The government is still negotiating with other companies following the restructuring exercise involving four major highway concessionaires, says Datuk Seri Fadillah Yusof.
Govt to restructure Kesas, LDP, Sprint, Smart highway concessions; ALR takeover saves RM4 3b in subsidies paultan.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paultan.org Daily Mail and Mail on Sunday newspapers.
PETALING JAYA: Four highway concession companies in the Klang Valley will be undergoing restructuring exercises which will result in no toll rate increase, said Datuk Seri Ismail Sabri Yaakob.
The government has agreed to restructure four Klang Valley highway concessionaires, namely Kesas Sdn Bhd (Kesas Expressway), Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd (SMART Tunnel), Sistem Penyuraian Trafik KL Barat Sdn Bhd (SPRINT Expressway), and Lingkaran Trans Kota Sdn Bhd (Damansara-Puchong Expressway or LDP), according to Prime Minister Datuk Seri Ismail Sabri Yaakob.