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.
PLUS concessions across its various highways were streamlined to end in 2038 after a 2011 renegotiation.PHOTO: THE STAR/ASIA NEWS NETWORK

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).

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