Prime Minister Datuk Seri Ismail Sabri Yaakob has announced a reduction in toll fares as part of the government’s efforts to lower people’s living costs to tackle the rising cost of living in Malaysia
According to New Straits Times, he said that motorists will be getting toll reductions on six major expressways in the Klang Valley.
Four highways managed by Kumpulan Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) will get fare reductions starting on 20 October.
The affected highways include:
– Ampang-Kuala Lumpur Elevated Highway (AKLEH)
– Guthrie Corridor Expressway (GCE)
– Kemuning-Shah Alam Highway (LKSA)
– Kajang Dispersal Link Expressway (SILK)
Another two highways under IJM Corporation Berhad, the Kajang-Seremban Highway (LEKAS) and Besraya Highway, will see fare reductions beginning 1 January 2023.
Datuk Seri Ismail Sabri Yaakob speaking at the opening of the Damansara-Shah Alam Elevated Expressway (DASH) on 13 October.
Image via The Star
He said the decision to lower toll prices for the first four highways was made in a Cabinet meeting on 18 May, whereas the final two were on 1 June
“All of the improvements I recently announced have taken into account the restructuring of toll rates with concession agreements, and they are now being finalised,” Ismail Sabri announced yesterday, 13 October.
According to The Star, he added that this restructuring will save the government RM8.8 billion in compensation, which is supposed to be paid to the concession companies involved.