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North-South Expressway Concession Revealed To End On 31 December 2038

NEWS
Gerard April 21, 2015 14:13

According to a statement released by Plus Malaysia Berhad (PLUS) on Friday (17 April 2015), the lower toll rates at the Batu Tiga toll plaza are a result of extensions of the concession period.

In an effort to reduce the impact of toll increase on the public, toll rates on PLUS highways including Batu Tiga were restructured in 1999, 2002 with the latest being in 2011.

PLUS also stated that toll plazas on the Federal Highway Route 2 (FHR2), namely Batu Tiga and Sungai Rasau are part of the North-South Expressway (NSE) Concession which has been revealed to end on 31 December 2038. It was also revealed that the previous Concession Agreement would end in 2018.

In the statement, it is said that, “If one were to use on the original Concession Agreement, which states that Concession would end in 2018, the toll rate of Batu Tiga today would be RM2.40 versus the current rate of RM1.10, a rate which has remained the same since 2005. No toll increase was implemented by the Government and/or PLUS on Batu Tiga since 2005.”

The company also stated that it spent RM410 million from 1992 to 1993 to upgrade the Sungai Rasau-Batu Tiga stretch from a two-lane to a three-lane dual carriageway.

Currently, a motorist travelling from Klang to Subang would pay two tolls – RM1.00 at Sungai Rasau and RM1.10 at Batu Tiga.

report from The Edge said lawmakers and politicians are seeking clarification from Putrajaya on why toll is still being collected on the Federal Highway Route 2 (FHR2), as they claim the agreement to manage it is supposed to end this year.

What do you think the extension of the toll concessions?

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My first impressions of a dream car should be a ridiculous top speed with physics defying cornering capabilities, namely the Ferraris, Paganis and what not. Deep down, I just want something that makes you feel special when you drive it, expensive or not.

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