MP SPEAKS | Why hasn't govt acquired Plus to save billions per year
Published by
Malaysiakini (English)

MP SPEAKS | Senior Works Minister Fadillah Yusof announced the freezing of toll rates for several Klang Valley highways for 2021, purportedly “in view of the rising cost of living due to the Covid-19 pandemic”. As a result, the government must pay compensation of RM2.25 billion to these highway operators. I wrote on Monday that the government should follow through on the proposal to acquire and restructure the Gamuda highways of Shah Alam Expressway (Kesas), Damansara-Puchong Expressway (LDP), Sprint Expressway, and Smart Tunnel which will save the government hundreds of millions of ringgit in…

Read More

HEDGE accordingly