toll rate to increase in 2008

October 1st, 2007 by poobalan | View blog reactions Leave a reply »
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what a way to start the week. more price increase! KESAS and LDP recently increased prices, so this time is should be PLUS, ELITE, SILK, SPRINT, BESRAYA etc.'s turn, I guess.

New toll rates by eight concessionaires from Jan 1
source
By CHRISTINA KOH

IPOH: Malaysians can expect a 10% increase in toll rates, with eight concessionaires raising their charges from Jan 1 next year, said Works Minister Datuk Seri S. Samy Vellu. However, he said the ministry was working on several proposals to spread part of the cost to the concessionaires and the Government. “Rather than burden the people, we want to divide the load so the companies carry a bit and the people a bit.

“I will ask the Government how it can help in this situation,” he told reporters after launching a book on the Yayasan Strategik Sosial’s Plus 8 project here yesterday. Asked how much would the toll hikes actually involve, Samy Vellu said the agreement had stated a 10% increase.

“I have submitted a preliminary proposal and explained to the Cabinet what it would actually cost, what the reaction of people will be, what we can do as a government, what the concessionaires can do as responsible companies and what else can be done,” he said.

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