Recently drove back from east coast using the new Highway from Desaru. Had RM5.90 deducted by the Touch & Go - for that stretch to JB. Even though the bridge over the Johore River is imposing and grand and the road straight, RM5.90 is just too much for the locals as they seem to shun - the highway was almost deserted compared to the N-S Highway.
Being a Singaporean of course I didn't mind because I always heed Emeritius SM Goh's philosophy of "prosper thy neighbours". Just like I didn't mind spending a few hundred dollars for the beaches, resort and seafood - even though their attractions are not something to crow at.
Penang Chief Minister Lim Guan Eng today questioned why major highway concessionaires were still increasing their toll rates when they have already recovered their construction costs and were raking in "exorbitant" profits.
Deputy Works Minister Yong Khoon Seng ... revealed that concessionaires managing 27 highways have raked in a total of RM37.7 billion from toll collections, in addition to RM2.1 billion from the government as compensation.
This is despite the total construction costs amounting to RM26.4 billion, giving the concessionaires profits exceeding RM13 billion...."This is a cash cow at our expense. We want to know why the toll rates keep on increasing. They are already making money. Project Lebuhraya Utara Selatan (Plus) is the most glaring example and its concession will last until 2039," Lim said.
Singaporeans therefore shouldn't KPKB so much if only $1.00 is deducted for ERP in their own country. Afterall Singaporeans driving to Iskandar economic zone pay much, much more - and I think they pay it with a smile.
Being a Singaporean of course I didn't mind because I always heed Emeritius SM Goh's philosophy of "prosper thy neighbours". Just like I didn't mind spending a few hundred dollars for the beaches, resort and seafood - even though their attractions are not something to crow at.
Penang Chief Minister Lim Guan Eng today questioned why major highway concessionaires were still increasing their toll rates when they have already recovered their construction costs and were raking in "exorbitant" profits.
Deputy Works Minister Yong Khoon Seng ... revealed that concessionaires managing 27 highways have raked in a total of RM37.7 billion from toll collections, in addition to RM2.1 billion from the government as compensation.
This is despite the total construction costs amounting to RM26.4 billion, giving the concessionaires profits exceeding RM13 billion...."This is a cash cow at our expense. We want to know why the toll rates keep on increasing. They are already making money. Project Lebuhraya Utara Selatan (Plus) is the most glaring example and its concession will last until 2039," Lim said.
Singaporeans therefore shouldn't KPKB so much if only $1.00 is deducted for ERP in their own country. Afterall Singaporeans driving to Iskandar economic zone pay much, much more - and I think they pay it with a smile.
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