KUALA LUMPUR (May 11): Gamuda Bhd confirmed yesterday that it is currently in talks with the government to put forth its proposal to sell its four highway concessions to a private highway trust.
KLANG (Feb 25): Prime Minister Tun Dr Mahathir Mohamad today said the government is taking the initiative to fulfil its election promise to abolish toll collection in stages with the introduction of the 'congestion charge', to encourage people to use highways during non-peak hours.
KUALA LUMPUR (Dec 17): The government will appoint an independent consultant by next month to study toll concessions in the country, The Sun reported today The consultant will also “help look for ways to reduce” the toll burden on citizens.
KUALA LUMPUR (Nov 24): Malaysian Resources Corp Bhd (MRCB) has received the settlement sum of RM1.
PETALING JAYA (Sept 24): The government will continue to compensate highway concessionaires for not raising their toll fares as it seeks to fulfill its election promise of abolishing tolls, said special officer to the Finance Minister Tony Pua.
KUALA LUMPUR (August 17): The amount required to take over all the toll concessions in the country will cost less than the RM400 billion projected by the previous Barisan Nasional government, said ministry of finance special officer Tony Pua.
PETALING JAYA (Aug 13): It looks like the tolls will be here to stay for a while as the government needs the RM400 billion in revenue, said Works Minister Baru Bian.