Most Read
Most Commented
Read more like this
Gov't may extend concession of Plus' other tolls, says minister

The government will not compensate in cash, toll concessionaire Plus Malaysia Bhd, for abolishing four of its toll booths as announced in Budget 2018, said Johari Abdul Ghani.

The government will instead look to extend the concession tenure of other tolls operated by the company, the second finance minister told reporters at the Parliament lobby after the budget presentation today. 

"We don't pay cash compensation, we are trying to extend the tenure of existing tolls that are currently still operated (by the concessionaire)."

Earlier, Prime Minister Najib Abdul Razak announced that the government will abolish four toll booths effectively next year.

They are Batu Tiga toll and Sungai Rasau toll at the Federal Highway in Selangor; Bukit Kayu Hitam, Kedah; and the Eastern Dispersal Link (EDL) in Johor.

Plus was reportedly interested in acquiring the EDL last year.

Johari, however, stopped short of saying which tolls under the concessionaire will be affected.

When asked for how long the concession of the other tolls will be extended, Johari replied: "We will work out something."

Khazanah Nasional Bhd-owned UEM controls 51 percent of PLUS Berhad, while 49 percent of its stake is owned by the Employee's Provident Fund (EPF).

Malaysiakini's Budget 2018 microsite


Najib announces 'the mother of all budgets'

I've got a friend in Zahid, says Najib in emphasising loyalty

PM presents populist budget targeting voters ahead of polls

Shouts of 'kleptocracy' ring out as Najib ends speech on fiery note

Higher payout of RM1,500 for civil servants in Budget 2018

Budget to provide RM3.5b for bumiputera empowerment

Gov't abolishes four tolls in Selangor, Kedah, Johor

Penang landslide: PM cites poem by DAP MP

Lower income tax for those making RM20k to RM70k

Opposition is consistently inconsistent, Najib says

PM praises 'chicken entrepreneur Kak Wan', Harapan's feathers ruffled

Despite GST, Budget 2018 relies heavily on income tax

No BR1M increase for first time in seven years

Additional flexibility for PTPTN loans in Budget 2018

Najib: Are Azmin, Guan Eng selling Selangor, Penang too?

In opening remarks, Najib slams 'person' who insulted Bugis community

Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.