Traffic flow at the PLUS highway near Ipoh Selatan toll plaza is smooth in both direction on Wednesday (at 4.45pm).
KUALA LUMPUR: Plus Malaysia Bhd hopes to submit a proposal and conclude discussions with the Government on toll rates by June, said UEM Group Bhd group managing director/chief executive officer Datuk Izzaddin Idris.
Plus, the expressway arm of UEM Group, has five highway concessions - the PLUS expressways (North-South Expressway (NSE), New Klang Valley Expressway (NKVE), Federal Highway Route 2 (FHR2), Seremban Port-Dickson Highway), North-South Expressway Central Link (NSECL), Malaysia-Singapore Second Link (MSSL), Butterworth-Kulim Expressway (BKE), and the Penang Bridge.
Speaking at press conference after UEM Group’s 50th anniversary celebration in Kuala Lumpur on Thursday, Izzadin, however, said discussions were in the preliminary stage.
Under the concession agreement, Plus would review rates every three years, for the entire duration of the concession which ends in December 2038.
Meanwhile, when asked on the outcome of the tender for the Pan Borneo Highway, he said an announcement would be made soon.
The UEM Group teamed up with MMC Corp and a Sabah company to tender for the Sabah component of the project. - Bernama
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