KUALA LUMPUR, 30 April 2021:
Senior Works Minister Datuk Seri Fadillah Yusof today announced in a statement that toll rate hikes for three major highways had been postponed to reduce the financial impact of Covid-19 on motorists.
He said the Cabinet had agreed on Wednesday to postpone these toll price hikes for the Shah Alam Expressway (KESAS), South Klang Valley Expressway (SKVE) and East Coast Expressway 2 (LPT2) – which were supposed to take effect on Jan 1.
He said the postponement would cost the government RM2.25 billion and negotiations to restructure toll rates with the other highway concessionaires are ongoing – with the aim to be finalised by the end of next year.
“The estimated compensation will be determined after a traffic verification process is carried out by the Malaysian Highway Authority.”
Another 21 highways also had toll rates frozen – including the North-South Highway (PLUS), Duta-Ulu Kelang Expressway (DUKE), Damansara-Puchong Highway (LDP) and KL-Putrajaya Highway (MEX).