Govt studies proposal to put all highways under a trust body

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Economy minister Mustapa Mohamad says toll rates could be lowered, but 'it's still a work in progress as it is very complicated'. FMTNews Highway

Among the highways involved in the proposal are the North-South Highway, East Coast Expressway, Kuala Lumpur-Karak Expressway and others.

“There is a proposal, for example, by one company to have a highway trust, putting everything in a trust. By doing so toll rates could probably be lower but as of now this is still a work in progress, as it is very complicated, we have to go through the details. It would take some time before it is finalised,” he said in an interview on TV3 today.

“What we are implementing is to relook at all terms to ensure the best agreement for all five stakeholders…this involved seven of the 35 toll highways, and we will also review the rest,” he said.

 

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