KL may lower toll charges by extending concessions

Rethink comes amid criticism over highway privatisation plans

After months of back and forth over proposals to take national highway operator Plus private, Malaysia's Pakatan Harapan (PH) government is now reconsidering the tried and tested route to fulfil a pledge to reduce toll charges - extending the concession period for the five tolled roads, including the 772km North-South Expressway.

The Straits Times understands that a Cabinet meeting this morning will decide whether to endorse this plan or consider one of four takeover bids for Plus, which is jointly owned by sovereign wealth fund Khazanah Nasional and the Employees Provident Fund (EPF).

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A version of this article appeared in the print edition of The Straits Times on January 15, 2020, with the headline 'KL may lower toll charges by extending concessions'. Print Edition | Subscribe