Azmin to call up S'gor state firms on toll hikes

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Selangor Menteri Besar Azmin Ali said today he will summon two state firms, which have minority stakes in two expressways in the state, to explain on the toll hike issue.

The two firms are Selangor State Development Corporation (PKNS) and Kumpulan Perangsang Selangor (PKS).

"I have asked PKNS and Kumpulan Perangsang, which hold minority stakes in Kesas and LDP (sic) respectively, to attend the Selangor Economic Action Council (MTES) meeting tomorrow.

"MTES will scrutinise the feedback from PKNS and KPS. The state government's policy is to oppose any toll hike that will burden the rakyat," Azmin ( photo ) said in a series of twitter postings.

According to the 2014 PKNS annual report, it controls a 20 percent stake in Sprint Expressway.

PKNS also holds a 30 percent stake in the Kesas Expressway but has no stake in the Lebuhraya DamansaraPuchong (LDP).

On Monday, it was announced that a total of 18 highways will be increasing their toll rates after the government moved to stop subsidising the toll fees paid to the concessionaires.

Starting tomorrow, the toll rates at Plaza Damansara, Pantai and Bukit Kiara on the Sprint Expressway will be RM2, and RM2.50 and RM3.00 respectively.

This is in contrast to the old rate of RM1.00, RM1.50 and RM2.00 respectively.

Kesas is among the few expressways in Klang Valley that will not see a hike.



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