Increase in rates a necessity, say concessionaires

M: Motorists paying toll fee along the LDP highway toll plaza in Subang Jaya.

KUALA LUMPUR: Toll increases are a necessity, according to concessionaires of several tolled highways in the country.

They pointed to the complexity of financing and pricing their products, having to meet shareholder expectations for a reasonable rate of return and enduring many early years of losses as the reasons.