Abolishing tolls would have significant financial implications, says Ahmad Maslan
- last month
Abolishing tolls would be difficult to implement as it would have significant implications on the country's financial position, says Datuk Seri Ahmad Maslan.
The Deputy Works Minister said while winding up the debate on the Highway Authority Malaysia (Incorporation) (Amendment) Bill 2023 in Dewan Rakyat on Thursday (March 21) that proposals to abolish tolls in this country would cause the government to pay more than RM450bil in compensation to concession companies.
Earlier, when tabling the second reading of the bill, Ahmad said the amendments involving 16 clauses in the Highway Authority Malaysia (Incorporation) Act 1980 aimed to improve the functions and powers of the Malaysian Highway Authority (LLM) and strengthen its role as a stable, efficient, and effective regulatory body.
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The Deputy Works Minister said while winding up the debate on the Highway Authority Malaysia (Incorporation) (Amendment) Bill 2023 in Dewan Rakyat on Thursday (March 21) that proposals to abolish tolls in this country would cause the government to pay more than RM450bil in compensation to concession companies.
Earlier, when tabling the second reading of the bill, Ahmad said the amendments involving 16 clauses in the Highway Authority Malaysia (Incorporation) Act 1980 aimed to improve the functions and powers of the Malaysian Highway Authority (LLM) and strengthen its role as a stable, efficient, and effective regulatory body.
Read more at https://tinyurl.com/kzzssr7w
WATCH MORE: https://thestartv.com/c/news
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