The Malaysian Insight

THE government has agreed not to increase tolls for Klang Valley highways LDP, SMART, SPRINT and Kesas, Prime Minister Ismail Sabri Yaakob said today.

This comes after the government has agreed to a proposal to restructure the toll concessions for these highways.

As a result, the existing toll rates will remain until the end of their respective concession periods.

In a statement, Ismail said that the restructuring plan would be able to save compensation payments from January 2022 until the expiration of the concession period.

“The net savings for toll subsidy payments for the four highways is estimated to be at least RM4.3 billion,” he said.

“The government has agreed to the proposed restructuring of four highway concession companies around the Klang Valley,” he said.

Ismail said the restructuring was to reduce the burden on Malaysians, and did not involve financial implications for the government.

He said the savings could be utilised for national infrastructure development programmes and other facilities that need to be prioritised, adding that Works Minister Fadillah Yusof would provide further details. – April 4, 2022.