KUALA LUMPUR (April 30): The government has agreed to postpone the increase in toll rates for three major highways, which was supposed to take effect on Jan 1 this year, said Senior Works Minister Datuk Seri Fadillah Yusof.
Fadillah in a statement today said the Cabinet made the decision on Wednesday in view of the rising cost of living due to the Covid-19 pandemic.
He said the hike in toll prices was supposed to affect the Shah Alam Expressway (KESAS), South Klang Valley Expressway (SKVE) and East Coast Expressway 2 (LPT2).
Fadillah added that another 21 highways for all vehicle classes and one toll plaza will also see a freeze in toll rates, and this includes the North-South Expressway (PLUS), Duta-Ulu Kelang Expressway (DUKE), Damansara-Puchong Expressway (LDP) and the Kuala Lumpur-Putrajaya Expressway (MEX).
He said the postponement will cost the government RM2.25 billion, and negotiations to restructure toll rates with the concessionaires were ongoing, adding that this will be finalised before 2023.
"The estimated compensation will be determined after a traffic verification process is carried out by the Malaysian Highway Authority,” he added.