News about highway

KUALA LUMPUR (March 28): The Cabinet will look into the proposal to abolish the Gombak toll at the Kuala Lumpur-Karak Highway after it receives a comprehensive report in June, said Deputy Works Minister Mohd Anuar Mohd Tahir (pictured).

KUALA LUMPUR (March 23): Investors in Gamuda Bhd’s securities have met with the company on March 15 over the nationalisation of the four highway concessionaires in which the contractor has stakes, reported The Edge Malaysia in its latest issue.

KUALA LUMPUR (March 21): The Cabinet will make a decision on whether to change the project delivery partner (PDP) model in building the Pan Borneo Highway by end of March this year, according to Deputy Works Minister Mohd Anuar Mohd Tahir (PH-Termeloh).

  KUALA LUMPUR (March 21): The federal government has decided to ditch the project delivery partner (PDP) model for the entire RM29 billion Pan Borneo Highway project in favour of the turnkey contractor model, sources with knowledge on the matter told The Edge Financial Daily.

KUALA LUMPUR (March 13): The Pan Borneo Highway project in Sabah has reached 12.

KUALA LUMPUR (Feb 26): The acquisition of four existing highways from Gamuda Bhd will save the government RM5.

KUALA LUMPUR (Feb 26): Shares of Gamuda Bhd regained some lost ground this morning after the company said it would ensure any takeover of its highway concessions is in line with "market valuation norms and practices".

KUALA LUMPUR (Feb 26): Gamuda Bhd has pledged to ensure that any takeover of its highway concessions is in line with “market valuation norms and practices”.

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 (Feb 25): Gamuda Bhd shares fell 12.