KL mulls over lowering highway tolls by extending concessions amid criticism over privatisation plans

PLUS concessions across its various highways were streamlined to end in 2038 after a 2011 renegotiation. PHOTO: THE STAR/ASIA NEWS NETWORK
New: Gift this subscriber-only story to your friends and family

KUALA LUMPUR - After months of back and forth over proposals to take national highway operator Plus private, the 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 (NSE).

The Straits Times understands that the Cabinet meeting on Wednesday (Jan 15) 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).

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.