THE recent revival of several road projects that had been stalled in the wake of the 1997/98 financial crises is expected to prompt more toll concessionaires to opt for private debt securities (PDS) in the near to intermediate future.
The toll projects included the West Coast Expressway, KL North-East Expressway, Kuala Lumpur-Putrajaya Highway and Kajang-Seremban Highway, said Rating Agency Malaysia Bhd (RAM).
