Azmin: Kidex project cancelled

SHAH ALAM: Selangor Mentri Besar Azmin Ali (pic) has announced the cancellation of the Kinrara-Damansara Expressway (Kidex) project following the developer’s failure to meet three stipulated conditions by the Feb 14 deadline.

“Since not one of these conditions were met by Kidex by the end of the period given, the Selangor state government is announcing the cancellation of the project,” he said in a statement, Monday.

The three conditions, Azmin said, were preparing a free traffic impact assessment, social impact assessment and environmental impact assessment to show users and residents of involved areas the clear benefits or possible negative effects of the expressway.

“Kidex was also expected to reveal the toll rates throughout the concession period including any rise in any toll rates set in the concession.

“The concessionary party had to give official estimated rate of the toll collection and the rate of return to investment.

“They also had to reveal the full concession agreement to keep in line with Pakatan Rakyat’s policy of integrity, accountability and responsibility,” he said.

Azmin added the same approach would be used in the considering applications for approval of other expressways.