Toll hike gives concessionaires flexibility to better absorb financing costs

KUALA LUMPUR: The scheduled toll rate hike gives concessionaires the flexibility to better absorb the financing costs and growing maintenance, as well as the service charges.

The Malaysian Association of Highway Concession Companies (PSKLM), said on Wednesday that the consideration to increase toll rates was not solely based on the agreements between the Government and the toll operators, but also on the agreements between the toll operators and their financiers.