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Wednesday, October 16, 2019

Tag: Highways

Johari tells how govt can buy 4 highways without more debt

Former finance minister says toll-operator should be allowed to collect toll during peak hours while the government absorbs cost of tolls at non peak hours.

Sell PLUS stake? EPF says maybe, after Khazanah’s no

Provident fund chief says it will 'definitely consider' if there is a good offer for its 49% stake in the highway operator.

PH never promised to abolish tolls, says Mahathir

Many people, including those in the coalition, did not read the election manifesto thoroughly, says PH chairman.

Not interested – Khazanah’s reply on selling Plus highways

There are many offers from different parties…our reply is very simple - we are not interested in selling, says Khazanah MD.

Where’s traffic impact study for highway takeover, says expert

Consultant says the studies will show if the proposed takeover of four toll highways is feasible.

Selling off PLUS raises questions

After promising to abolish tolls, why make a move to extend the toll collection period?

Highway congestion charges will be at ‘very reduced rates’, says Guan...

The finance minister says if the government is able to absorb operational and maintenance costs, toll-free highways were a possibility in the future.

Najib says highway takeover a windfall for Gamuda

Ex-premier highlights view by experts that the government would suffer a loss and the people would continue to pay.

Finance ministry rebuts 5 ‘fallacies’ in acquisition of 4 toll highways

Tony Pua says the proposed acquisition allows the government and highway users to reap RM7.3 billion in savings in the future while ensuring market stability.

Gamuda accepts offer by govt to buy over 4 highways

This will involved the Kesas, LDP, Sprint and Smart highways.

Motorists will pay congestion charge from Jan 1 after govt buys...

Finance Minister Lim Guan Eng says the maximum congestion charge will be capped at the current toll rate.

Govt offers to buy over 4 toll concessionaires for RM6.2 bil

The offer, valid until July 12, will be undertaken by a special purpose vehicle, wholly-owned by MoF Inc.

Major highways congested as Raya holidays end

Highway authority asks East Coast Expressway users to take an alternative route.

Mahathir: Better to pay off debt than end tolls

Pakatan Harapan's election promise now a burden on federal government, says PM.

Travel at dawn for 20% Ampang toll discount

Highway operator says the discount is to help users plan their journeys and help reduce morning rush-hour traffic.

We want lower tolls, not takeovers

There appears to have been no serious attempt at tackling the toll issue except through study after study.

‘Congestion pricing’ a success in other cities, says PKR strategy director

Sim Tze Tzin says this can encourage motorists to avoid highways during peak hours.

Govt to spend RM1 bil for freeze on toll hike nationwide

The Cabinet decided to extend the toll hike freeze to benefit motorists using 21 highways nationwide.

RM75 billion in highway toll collections so far, Dewan Rakyat told

Works Minister Baru Bian says his ministry is negotiating with concessionnaires on abolishing or reducing tolls.

Runaway truck crash kills nine in Mexico

For years people in Mexico City have been calling for restrictions on big trucks using local highways because they are often involved in crashes.

Reduce toll charges, make toll agreements public, urges economist

Professor Yeah Kim Leng says the reduction should not cost a spike in the national deficit nor burden the users, while a deputy minister says reductions may come in a year or two.

Toll-free roads not possible, says Dr M

Prime Minister Dr Mahathir Mohamad says the only way to have freeways without toll is to raise the price of petrol.

Baru : We only get half of funds needed to maintain...

Works minister says there is a 30% road maintenance backlog as a result.

We’ve been engaging with people as EIAs are technical, road builder...

Contractor says it has followed law in making their plans clear to the public.