Latest news with #BlackspotandFederalRoadMaintenanceProgramme
The Sun
5 days ago
- Automotive
- The Sun
Toll hike delay eases burden for B40, says Nanta
KUALA LUMPUR: The government's decision to delay toll rate hikes on several highways aims to ease financial pressure on the B40 group, says Works Minister Datuk Seri Alexander Nanta Linggi. He called for understanding from concession companies, acknowledging the impact on their cash flow while stressing the need for shared responsibility. Nanta said, 'From a business perspective, they may not favour this delay as cash flow projections were part of their initial plans. However, we hope they recognise the government's intent to support vulnerable road users.' He spoke after the handover of the Letter of Acceptance for the Blackspot and Federal Road Maintenance Programme. The minister expressed gratitude to concessionaires for cooperating with the decision, which affects 10 highways, including the Senai-Desaru Expressway and East Coast Expressway 2. He noted that while agreements must be honoured, the current economic climate requires flexibility. On road safety, Nanta highlighted the success of the blackspot programme, reducing accidents by 25 to 60 per cent. This year, RM37 million has been allocated for repairs, with RM27.1 million already spent on 76 projects across 11 states. Streetlight installations will target only high-risk zones, not entire routes. - Bernama
Barnama
5 days ago
- Business
- Barnama
Concession Companies Need To Understand Toll Hike Delay To Lighten People's Burden
KUALA LUMPUR, July 24 (Bernama) -- The decision to delay the increase in toll rates on several highways needs to be understood by concession companies in the context of the MADANI government's noble efforts to lighten the burden of the people, especially highway users among the B40. Works Minister Datuk Seri Alexander Nanta Linggi said that although the move would affect the cash flow of highway concession companies, he believed that the government's real objective would be understood by all parties involved. 'In terms of the business model, they do not like it (delay in increase) … from the beginning when making the business proposal, cash flow has been taken into account. 'We understand, and this is undoubtedly disrupting their cash flow but I hope they understand why the government made this decision to ease the burden of road users, especially the B40 group,' he said here today. Nanta said this at a press conference after the handover of the Letter of Acceptance (SST) for the Blackspot and Federal Road Maintenance Programme in Peninsular Malaysia at the Works Ministry. The event was also attended by Works Ministry deputy secretary-general (Policy and Development) Datuk Mohd Sakeri Abdul Kadir. He also expressed his appreciation to the concession companies who cooperated and understood the government's decision to help the people in the current economic situation. He said the government also acknowledged that the concession companies had responsibilities based on the agreements signed, and any breach of the agreement had to be seen from the perspective of their interests. 'When there is a breach of this agreement, we have to understand it from their perspective because they borrowed their investment money and so on, and it needs to be repaid. 'They have a business model, return on investment (ROI), so we have to understand that is their big responsibility. So whatever is good for everyone, then all parties should work together," he explained.
