Highway Concession Companies Must Bear Half of Toll Discounts, Urges Chean Chung

"Chean Chung: Highway Firms Should Share Toll Discounts"

Highway concessionaires should share half the cost of toll discounts instead of relying solely on government subsidies, as they have profited for decades.

Ahmad Syafiq24 January 2025Last Update : 3 days ago

www.sinarharian.com.my

On January 24, 2025, the call for highway concession companies to bear half of the toll discount costs has gained momentum. This suggestion comes as a response to the Malaysian government’s decision to offer a 50% toll reduction during the upcoming Chinese New Year celebrations. Shouldn’t these companies contribute to the community that supports them?

6 Key Takeaways

Highway concession companies should share discount costs.
PLUS has been collecting tolls since 1988.
Government to provide 50% toll discount for CNY.
Subsidies for toll discounts cost over RM100 million.
ECRL project expected to complete by 2026.
Propose gradual subsidy removal by 2027.

Fast Answer: Malaysian highway concession companies are urged to share the costs of toll discounts. This proposal aligns with the government’s plan to reduce tolls during the Chinese New Year, reflecting a growing demand for corporate responsibility in Malaysia.

Highway Toll Discounts: A Call for Corporate Responsibility

As Malaysia prepares for the Chinese New Year, the government has approved a significant toll discount. But should the burden fall solely on taxpayers? This question is at the heart of the recent discussions led by Petaling Jaya MP Lee Chean Chung, who argues that highway concession companies should share the financial responsibilities.

Warning! The reliance on government subsidies for toll discounts may not be sustainable. As Malaysia’s financial landscape changes, it’s crucial for companies to step up.

Understanding the Toll Discount Proposal for 2025 Celebrations

The Malaysian government has announced a 50% toll discount for all Class 1 vehicles during the Chinese New Year on January 27 and 28, 2025. This initiative is expected to cost around RM20.08 million in compensation to the toll companies. However, concerns arise regarding the long-term financial implications for the government and the sustainability of such subsidies.

The Role of Highway Concession Companies in Malaysia

Highway concession companies, like PLUS and LPT, have been profiting from toll collections for decades. With contracts extending into the next few decades, it raises the question: why shouldn’t they share the costs of toll discounts?

PLUS has been collecting tolls since 1988.
LPT has a concession lasting until 2069.
Government subsidies for toll discounts exceed RM100 million annually.
Corporate social responsibility (CSR) could play a vital role in this scenario.

Future of Transportation in Malaysia

Looking ahead, Malaysia’s transportation landscape is set to change with projects like the East Coast Rail Link (ECRL) expected to be completed by 2026. This development could significantly enhance public transport options and reduce reliance on highways. Shouldn’t the government gradually phase out toll subsidies as public transport improves?

Encouraging Responsible Citizenship During Festivities

As we approach the festive season, it’s essential for citizens to embrace responsible choices. By advocating for shared costs in toll discounts, we promote a culture of accountability among corporations. How can we all contribute to a better community during this festive period?