Deputy Works Minister Datuk Seri Dr. Ahmad Maslan said in the newspaper House of Representatives that twelve toll concessionaires in Malaysia have suffered losses by 2024, reports the New Straits Times.
These include the Kuala Lumpur-Putrajaya Expressway (MEX), the Kuala Lumpur-Karak Highway (KLK) and the East Coast Expressway Phase 1 (LPT1), the Stormwater Management And Road Tunnel (SMART), the Kemuning-Shah Alam Highway (LKSA), the Sungai Besi-Ulu Klang Elevated Expressway (SUKE) and the Damansara-Shah Alam Elevated Expressway (DASH).
The list also includes the Senai-Desaru Expressway (SDE), the South Klang Valley Expressway (SKVE), the Setiawangsa-Pantai Expressway (SPE), the Kajang-Seremban Highway (LEKAS), the West Coast Expressway (WCE) and the Butterworth Outer Ring Road (BORR).
“In conclusion, anyone proposing new highways should calculate traffic and financial projections carefully. If the traffic volume is insufficient, revenues will not cover operating costs, and ultimately the government will have to bear the losses in taking over the concession,” Maslan said in response to Wangsa Maju MP Zahir Hassan, who asked about the performance of the toll concessions.
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