Thursday, November 22, 2007

Govt must pay RM380mil if toll not raised

The Government will have to fork out a total of RM380mil to compensate toll concessionaire companies next year if the Cabinet decides not to increase toll rates.

Works Minister Datuk Seri S. Samy Vellu said although the Cabinet had not decided on the issue, the ministry had worked out the amount of compensation to toll concessionaire companies.

Except for the Penang Bridge where the toll rate is scheduled to be revised on Oct 1, seven expressway operators are due to review their rates on Jan 1.

The Government would have to compensate Ampang-Ulu Kelang Elevated Highways RM28mil, North-South Expressway (central region) RM18mil, Seremban-Port Dickson RM178mil, Kulim-Butterworth Expressway RM10mil, Second Link to Singapore RM6mil, Sprint Highway RM34mil, NKVE RM9mil and Penang Bridge RM22mil, he said.

The Government, having increased toll charges of the Lebuhraya Damansara Puchong (LDP) from RM1 to RM1.60 instead of RM2.10, would have to pay Litrak, the operator of LDP, RM75mil.

Samy Vellu said this in his reply to Lim Kit Siang (DAP-Ipoh Timur) while answering queries at the committee stage of the Supply Bill 2008.

He added that the Government was still finding ways to reduce the toll charges.

Replying to Salahuddin Ayob (PAS-Kubang Kerian), Samy Vellu said the cost to build the palace complex to replace Istana Negara was RM450mil with another RM200mil to build the quarters, security features, multi-level underground car park and others.

He said the cost of the new palace complex was not RM1bil as stated by Salahuddin.

“The Government has decided that the cost to build the new palace complex be capped at RM650mil and it cannot be more than that,” he added.


Blog Widget by LinkWithin