Toll rates under the biggest highway operator in the country – PLUS Malaysia Bhd – will be up for review next year.
However, instead of a 10% rate hike, the quantum that is being looked at is about 5%, said sources.
Nevertheless, the final decision on the toll rates proposed by PLUS would depend on the Government. The source also dismissed any possibility of a toll rate hike this year.
“For sure there will be no toll rate hike this year as stated in the concession agreement when PLUS Expressways Bhd (PEB) was privatised at the end of 2011. And the toll for Penang Bridge will remain the same,” the source said.
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However, instead of a 10% rate hike, the quantum that is being looked at is about 5%, said sources.
Nevertheless, the final decision on the toll rates proposed by PLUS would depend on the Government. The source also dismissed any possibility of a toll rate hike this year.
“For sure there will be no toll rate hike this year as stated in the concession agreement when PLUS Expressways Bhd (PEB) was privatised at the end of 2011. And the toll for Penang Bridge will remain the same,” the source said.
Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my
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