News & Articles No govt decision yet on toll rate hikes
No govt decision yet on toll rate hikes
17 Dec 2015
No discussions were held nor decision made in the cabinet on the issue of toll rate hikes so far, according to the Ministry of Works.
The ministry in a statement yesterday said that, based on the concession agreement, eight highways have been listed as eligible for toll hikes next year.
According to the ministry, the government should pay a compensation estimated to involve RM593 million if the government did not agree to the increase in toll rates.
“The ministry is aware of the financial burden borne by the people at the moment, so the government will try to find a solution by negotiating and coming to a mutual agreement with the concessionaires,” the statement said.
“The basic principle of these negotiations is based on a win-win situation between the government and the concessionaires,” said the ministry.
Meanwhile, the Litrak Group announced toll discounts for users of the Damansara Puchong Highway (LDP) and SPRINT in conjunction with Christmas Day.
Group Communication Division manager Shah Rizal Mohamed Fawzi said the toll discount was started in 2010 in an effort to help and share in the joy of consumers in celebrating festive seasons.
A 60 sen discount is given to LDP users and 20 sen to users of the SPRINT Highway for all classes of vehicles, this year.
“The toll discount for Christmas Day, Dec 25, 2015 begins at 12.01am and ends at 11.59pm (one day).”
The ministry in a statement yesterday said that, based on the concession agreement, eight highways have been listed as eligible for toll hikes next year.
According to the ministry, the government should pay a compensation estimated to involve RM593 million if the government did not agree to the increase in toll rates.
“The ministry is aware of the financial burden borne by the people at the moment, so the government will try to find a solution by negotiating and coming to a mutual agreement with the concessionaires,” the statement said.
“The basic principle of these negotiations is based on a win-win situation between the government and the concessionaires,” said the ministry.
Meanwhile, the Litrak Group announced toll discounts for users of the Damansara Puchong Highway (LDP) and SPRINT in conjunction with Christmas Day.
Group Communication Division manager Shah Rizal Mohamed Fawzi said the toll discount was started in 2010 in an effort to help and share in the joy of consumers in celebrating festive seasons.
A 60 sen discount is given to LDP users and 20 sen to users of the SPRINT Highway for all classes of vehicles, this year.
“The toll discount for Christmas Day, Dec 25, 2015 begins at 12.01am and ends at 11.59pm (one day).”
Source: Therakyatpost.com