Malaysian Resources Corp Bhd (MRCB) is hoping that a resolution would be made soon on the Eastern Dispersal Highway’s (EDL) toll collection rates currently being reviewed by the government.

Its chief executive officer, Mohamed Razeek Hussain, said the government was concerned with the public sentiment and that is why it was reviewing the toll rates.

“We are just waiting for the government to respond to this situation and we hope it will settle as soon as possible because it will impact the company... and the toll was opened on April 1,” he told reporters after MRCB’s annual general meeting in Kuala Lumpur today.

Meanwhile, chairperson Azlan Zainol said the business prospects for 2012 were reasonable, supported by strong domestic demand, relatively low interest rates and the Economic Transformation Programme projects.

“We are optimistic of another year of revenue growth, driven by successful positioning of our iconic KL Sentral development as the nation’s next generation Central Business District (CBD).

“This flagship project should remain a mainstay of our value-creation plans for years to come,” Azlan said.

He added, however, given the intense competition within the construction industry and the anticipated start-up losses from EDL, achieving profitability growth could likely remain challenging.

- Bernama