In a statement, Johor DAP chairman Liew Chin Tong said the 18 per cent reduction was part of a two-step election promise to renegotiate unfair toll concessions, to gradually take over and eventually abolish tolls.
“Under the previous administration, toll rates had been going up, and compensation to toll concessionaire companies had also been on the rise.
“The old contract signed by the Barisan Nasional government allows PLUS to increase its toll rates by 5 per cent every three years, and every time BN wanted to stop the price increase, it had to use public funds to pay compensation to PLUS.Liew said the government had successfully reduced and capped the toll rates for PLUS-owned highways until 2058.
“In the long run, this will reduce the historical baggage faced in regulating highway concessions,” he said.
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