The Prime Minister Office (PMO) has announced that the Cabinet has decided that the government will reduce the charges at all highways belonged to PLUS from as early as 1 February 2020 onwards. According to the announcement, the fares will soon be 18% less than existing rate.
As an example, the fare for North-South Highway will be reduced to 11.15 sen/km instead of the existing 13.6 sen/km. Hence, the fare from Jalan Duta to Alor Setar will become RM 45.50 as compared to the existing rate of RM 55.50 while from Jalan Duta to Skudai will be reduced to RM 38.50 from RM 47.00.
The upcoming fare reduction will also be applied to the New Klang Valley Expressway (NKVE), North – South Expressway Central Link (ELITE), Malaysia – Singapore Second Link (LINKEDUA), East Coast Expressway Phase 2 (LPT2), Seremban – Port Dickson Highway (SPDH), Butterworth – Kulim Expressway (BKE), and Penang Bridge.
Meanwhile, the announcement by PMO also stated that PLUS highway concession has now been extended from 2038 to 2058 in order to ensure that PLUS able to operate and maintain its highways without depending on the government. At that same time, the extension of the concession also included a clause whereby there will be no toll fare hike from now until 2058.
Through the new arrangement which will see Khazanah Nasional and EPF remain as PLUS shareholders, the government will apparently able to save around RM 20 billion throughout the duration of the concession.
(Source: Tun Dr. Mahathir @ Facebook.)