Only four highways are entitled to hike toll rates next year based on the concession agreements, said Minister of Works, Datuk Seri Fadillah Yusof.
He said they are the Eastern Dispersal Link (EDL), Kajang-Seremban Highway (Lekas), Senai-Desaru Expressway (SDE) and the Guthrie Corridor Expressway (GCE).
"The estimated amount of toll compensation that will have to be made for the four highways in 2017 in the absence of toll hikes is RM59.77 million," he said in a written reply to a question from Lim Guan Eng (DAP-Bagan) in at the Dewan Rakyat today.
Lim had wanted to know the outcome of discussions with the highway concessionaires who will increase their rates and the amount of compensation required from the government if the tolls are not raised.
Lim also asked about the costs incurred for construction of the North-South Highway and collection of toll to date, and why it (toll) had not been scrapped yet.
Fadillah said the expressway involved was built in 1989 and was completed in 1994 at a cost of RM5.9 billion, which was fully borne by the concessionaire, except for costs incurred in land acquisition that was covered by the government.
According to the original agreement in 1988, he said the highway concession was supposed to end in 2018 but following efforts made to minimise the impact of toll hikes, the government had to restructure the rates in 1999, 2002 and 2011.
"Under the last restructuring (2011), all expressway concessions under PLUS Berhad, including the North-South Expressway, have been standardised, that is ending on Dec 31, 2038," he said.
Fadillah said until the end of 2015, the overall toll collected for the North-South highway alone was RM36.39 billion.
The total amount of compensation paid out to PLUS following the deferment in toll hikes until 2015 was RM917.1 million, he said.
Fadillah explained that although the concessionaire received a high amount in toll collection, it did not mean that they had gained big profits as they had to also shoulder various other commitments.
"On average, concessionaires are required to spend 45 to 50 per cent from their earnings for loan repayment, overheads and operation (20 per cent), as well as for repairs and upgrading (15 to 20 per cent)," he said.
According to Fadillah , an estimated 10 per cent of the profit from toll collection is disbursed to shareholders. -- BERNAMA
Bernama
Tue Nov 01 2016
![Only four highways entitled to hike toll rates next year Only four highways entitled to hike toll rates next year](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-01/71452590624_FadillahYusof.jpg)
FADILLAH: "On average, concessionaires are required to spend 45 to 50% from their earnings for loan repayment, overheads and operation (20%), as well as for repairs and upgrading (15 to 20%)." - Filepic
![MITI tekad jadikan Malaysia peneraju serantau sektor teknologi hijau MITI tekad jadikan Malaysia peneraju serantau sektor teknologi hijau](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/41716607692_TBZAFRUL.jpg)
MITI tekad jadikan Malaysia peneraju serantau sektor teknologi hijau
Kementerian Pelaburan, Perdagangan dan Industri (MITI) bersedia menyokong pelaksanaan Strategi Pelaburan Hijau bagi menarik pelaburan hijau ke Malaysia dan memangkin pembangunan sosio-ekonomi lestari.
![Mayat lelaki tanpa identiti ditemukan terapung di Sungai Malim Mayat lelaki tanpa identiti ditemukan terapung di Sungai Malim](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/71720161058_TBLOGOPDRM.jpg)
Mayat lelaki tanpa identiti ditemukan terapung di Sungai Malim
Mayat seorang lelaki tanpa identiti ditemukan terapung dalam keadaan tertiarap di Sungai Malim.
![PM jumpa keluarga Teoh Beng Hock minggu depan PM jumpa keluarga Teoh Beng Hock minggu depan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/51720677592_AnwarIbrahim.jpg)
PM jumpa keluarga Teoh Beng Hock minggu depan
Pertemuan itu adalah untuk meneliti memorandum tuntutan yang mahu disampaikan keluarga berkenaan kepada kerajaan.
"Bukit Gantang itu tulis PN. Dia bukan PN dah...," soal YB Pasir Mas
"Bukit Gantang itu tulis PN. Dia bukan PN dah...," soal YB Pasir Mas.
"Ada bukti hitam putih yang PN telah tulis kepada saya untuk tarik dia keluar?," soal Speaker Dewan Rakyat Tan Sri Johari Abdul.
#SisiTVParlimen
"Ada bukti hitam putih yang PN telah tulis kepada saya untuk tarik dia keluar?," soal Speaker Dewan Rakyat Tan Sri Johari Abdul.
#SisiTVParlimen
![Israel sekat bekalan minyak ke Gaza - PBB Israel sekat bekalan minyak ke Gaza - PBB](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/81720130905_foodtrucksaid.jpg)
Israel sekat bekalan minyak ke Gaza - PBB
Setiausaha Agung PBB, Stephane Dujarric berkata bahawa berpuluh-puluh orang awam terbunuh dan yang lain cedera dalam serangan terbaharu Israel ke atas Gaza.
![Bursa Malaysia meningkat pada sesi awal seiring prestasi Wall Street Bursa Malaysia meningkat pada sesi awal seiring prestasi Wall Street](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-03/51709865166_BURSAMALAYSIA.jpg)
Bursa Malaysia meningkat pada sesi awal seiring prestasi Wall Street
Pada 9.05 pagi ini, indeks petunjuk utama FTSE Bursa Malaysia KLCI (FBM KLCI) menokok 5.67 mata kepada 1,631.63 daripada paras 1,625.96 pada akhir dagangan semalam.
Miskin tegar tak boleh dihapuskan jika tiada - Shafie Apdal
Ahli Parlimen Semporna, Datuk Seri Mohd Shafie Apdal berkata miskin tegar tidak boleh dihapuskan sepenuhnya jika tiada formula dan angka yang tepat.
#SisiTVParlimen
#SisiTVParlimen
![Aerotrain KLIA dijangka beroperasi semula pada suku pertama 2025 Aerotrain KLIA dijangka beroperasi semula pada suku pertama 2025](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-03/71677759533_AeroTrainAerotrai.jpg)
Aerotrain KLIA dijangka beroperasi semula pada suku pertama 2025
Langkah itu selaras dengan pelan penggantian Aerotrain di Terminal 1, KLIA yang dijadual siap sepenuhnya pada 31 Jan, 2025.
![Simpanan air mentah Empangan Muda, Bukit Merah terus rekod paras bahaya Simpanan air mentah Empangan Muda, Bukit Merah terus rekod paras bahaya](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/61720530545_EmpanganMUDA.jpg)
Simpanan air mentah Empangan Muda, Bukit Merah terus rekod paras bahaya
Lima lagi empangan menunjukkan baki stok simpanan air mentah semasa berada pada paras amaran.
![Dewan Rakyat: 38 peratus isi rumah miskin tegar di Sabah - Rafizi Dewan Rakyat: 38 peratus isi rumah miskin tegar di Sabah - Rafizi](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/81720592706_tbRafiziRamliDewa.jpg)
Dewan Rakyat: 38 peratus isi rumah miskin tegar di Sabah - Rafizi
Rafizi berkata setakat ini bilangan isi rumah di bawah miskin tegar di Sabah merekodkan sebanyak 38 peratus atau 6,937 daripada jumah keseluruhan 18,445 isi rumah di Malaysia.