MOT: No more compensation to ERL from 2029 if govt rejects fare hikes
The government will also stop paying ERL fees or charges from the collection of passenger service charges (PSCs) starting 2029.
The government will also stop paying ERL fees or charges from the collection of passenger service charges (PSCs) starting 2029.
"We have given the commitment to signing the supplementary concession agreement, so that they can plan to invest in their assets.
Loke said the supplementary concession agreement is seen as a win-win situation between ERL and users, where the best service can be provided by ERL without burdening the operation in terms of costs.
SHAH ALAM (Sept 14) : Property developer Sin Hee Yang Property Group has launched four new project phases on Tuesday in conjunction with its Home Ownership Campaign 2017 at the Shah Alam Convention Centre Mall (SACC Mall) this week.
AFTER operating for almost 15 years and now enjoying record-high passenger volumes, many would expect that KLIA Ekspres to be a commercially viable project that can stand on its own.
KUALA LUMPUR (Dec 7): Debt laden 1Malaysia Development Bhd (1MDB) may soon be closing its final deal on the 60% stake of Bandar Malaysia’s project to remove its debt burden, according to a news report.