GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News North-South Expressway Concession Revealed To End On 31 December 2038 North-South Expressway Concession Revealed To End On 31 December 2038 Auto News Gerard | April 21, 2015 02:13 pm According to a statement released by Plus Malaysia Berhad (PLUS) on Friday (17 April 2015), the lower toll rates at the Batu Tiga toll plaza are a result of extensions of the concession period.In an effort to reduce the impact of toll increase on the public, toll rates on PLUS highways including Batu Tiga were restructured in 1999, 2002 with the latest being in 2011.PLUS also stated that toll plazas on the Federal Highway Route 2 (FHR2), namely Batu Tiga and Sungai Rasau are part of the North-South Expressway (NSE) Concession which has been revealed to end on 31 December 2038. It was also revealed that the previous Concession Agreement would end in 2018.In the statement, it is said that, “If one were to use on the original Concession Agreement, which states that Concession would end in 2018, the toll rate of Batu Tiga today would be RM2.40 versus the current rate of RM1.10, a rate which has remained the same since 2005. No toll increase was implemented by the Government and/or PLUS on Batu Tiga since 2005.”The company also stated that it spent RM410 million from 1992 to 1993 to upgrade the Sungai Rasau-Batu Tiga stretch from a two-lane to a three-lane dual carriageway.Currently, a motorist travelling from Klang to Subang would pay two tolls – RM1.00 at Sungai Rasau and RM1.10 at Batu Tiga.A report from The Edge said lawmakers and politicians are seeking clarification from Putrajaya on why toll is still being collected on the Federal Highway Route 2 (FHR2), as they claim the agreement to manage it is supposed to end this year.What do you think the extension of the toll concessions? ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Malaysia PLUS Malaysia Toll Print Related News PLUS Issues Travel Time Advisory, Toll Rebates For CNY Auto News Gerard | February 12, 2015 The Chinese New Year (CNY) festive season is only a week away, which means the annual drive to visit relatives in other states (at least for some of ... PLUS Roadworks At Selected Highways, Contra Flows And Traffic Diversion Put In Place Auto News Gerard | February 26, 2015 Projek Lebuhraya Usahasama Berhad (PLUS) will be carrying out pavement works in phases at selected highways as part of its Fourth Lane Widening ... PLUS Issues Travel Time Advisory For Labour and Wesak Day Holidays Auto News Gerard | April 30, 2015 The long weekends are upon us with the upcoming Labour Day and Wesak Day holidays between 30 April and 5 May, which means for some of us, it means a ... Toll Hike Important For Concessionaires To Absorb Costs, Says PSKLM Auto News Gerard | July 09, 2015 The Association of Highway Concessionaires Malaysia (PSKLM) has said that the possible scheduled toll rate increase will allow concessionaires to ... Comments
North-South Expressway Concession Revealed To End On 31 December 2038 Auto News Gerard | April 21, 2015 02:13 pm According to a statement released by Plus Malaysia Berhad (PLUS) on Friday (17 April 2015), the lower toll rates at the Batu Tiga toll plaza are a result of extensions of the concession period.In an effort to reduce the impact of toll increase on the public, toll rates on PLUS highways including Batu Tiga were restructured in 1999, 2002 with the latest being in 2011.PLUS also stated that toll plazas on the Federal Highway Route 2 (FHR2), namely Batu Tiga and Sungai Rasau are part of the North-South Expressway (NSE) Concession which has been revealed to end on 31 December 2038. It was also revealed that the previous Concession Agreement would end in 2018.In the statement, it is said that, “If one were to use on the original Concession Agreement, which states that Concession would end in 2018, the toll rate of Batu Tiga today would be RM2.40 versus the current rate of RM1.10, a rate which has remained the same since 2005. No toll increase was implemented by the Government and/or PLUS on Batu Tiga since 2005.”The company also stated that it spent RM410 million from 1992 to 1993 to upgrade the Sungai Rasau-Batu Tiga stretch from a two-lane to a three-lane dual carriageway.Currently, a motorist travelling from Klang to Subang would pay two tolls – RM1.00 at Sungai Rasau and RM1.10 at Batu Tiga.A report from The Edge said lawmakers and politicians are seeking clarification from Putrajaya on why toll is still being collected on the Federal Highway Route 2 (FHR2), as they claim the agreement to manage it is supposed to end this year.What do you think the extension of the toll concessions? ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Malaysia PLUS Malaysia Toll
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
PLUS Issues Travel Time Advisory, Toll Rebates For CNY Auto News Gerard | February 12, 2015 The Chinese New Year (CNY) festive season is only a week away, which means the annual drive to visit relatives in other states (at least for some of ...
PLUS Roadworks At Selected Highways, Contra Flows And Traffic Diversion Put In Place Auto News Gerard | February 26, 2015 Projek Lebuhraya Usahasama Berhad (PLUS) will be carrying out pavement works in phases at selected highways as part of its Fourth Lane Widening ...
PLUS Issues Travel Time Advisory For Labour and Wesak Day Holidays Auto News Gerard | April 30, 2015 The long weekends are upon us with the upcoming Labour Day and Wesak Day holidays between 30 April and 5 May, which means for some of us, it means a ...
Toll Hike Important For Concessionaires To Absorb Costs, Says PSKLM Auto News Gerard | July 09, 2015 The Association of Highway Concessionaires Malaysia (PSKLM) has said that the possible scheduled toll rate increase will allow concessionaires to ...