PETALING JAYA, Malaysia - Toll rates along several major
highways in the country will increase between 20 sen and RM4.70. The hike in toll rates, effective today(Thursday), will likely result in lower traffic volumes, as motorists take on the full
burden under the respective highway
concession agreement (CA).
“While concessionaires will still be effectively receiving
their CA rate post-hike, traffic volume is likely to suffer, as motorists will
now be paying more with the subsidy removed,” said Hong Leong 
Investment Bank
(HLIB) Research in a note.
Investment Bank
(HLIB) Research in a note.
“However, given that the hike this time is more widespread,
the price elasticity of motorists could be higher,” it said.
The Government reportedly paid some RM559mil in compensation
to toll concessionaires as a result of the actual toll rates being lower than
the stipulated rates in their respective CA.
The highways are the Kajang Traffic Dispersal Ring Road, the Duta-Ulu
Kelang Expressway, Maju Expressway,the Kuala Lumpur-Karak Highway, the
KL-Kuala Selangor Expressway, the SMART Tunnel, the New Pantai
Expressway (NPE), Besraya Highway, Lebuhraya Kajang Seremban (Lekas),
the Guthrie Corridor Expressway, the Kemuning Shah Alam Expressway, the
Ampang Kuala Lumpur Elevated Highway, Lebuhraya Damansara-Puchong, Sprint, Grand Saga Expressway, Senai-Desaru Expressway and the
Butterworth Outer Ring Road.
The highways are the Kajang Traffic Dispersal Ring Road, the Duta-Ulu
Kelang Expressway, Maju Expressway,the Kuala Lumpur-Karak Highway, the
KL-Kuala Selangor Expressway, the SMART Tunnel, the New Pantai
Expressway (NPE), Besraya Highway, Lebuhraya Kajang Seremban (Lekas),
the Guthrie Corridor Expressway, the Kemuning Shah Alam Expressway, the
Ampang Kuala Lumpur Elevated Highway, Lebuhraya Damansara-Puchong, Sprint, Grand Saga Expressway, Senai-Desaru Expressway and the
Butterworth Outer Ring Road.
Source: The Star...More...
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