RAM Ratings: Govt's nod to restructure concessionaires offers hope for highway sector


STAR

KUALA LUMPUR: The government’s agreement to a restructuring proposal involving four highway concession companies in the Klang Valley offers hope for the broader highway sector, said RAM Rating Services Bhd.

The proposal, which means no more toll rates hike for four highways in the Klang Valley, involves highway concessionaires Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd (SMART Tunnel), Kesas Sdn Bhd (Kesas Expressway), Sistem Penyuraian Trafik KL Barat Sdn Bhd (SPRINT Expressway), and Lingkaran Trans Kota Sdn Bhd (Damansara-Puchong Expressway or LDP).

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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RAM Ratings , ALR , highways , Gamuda , concession

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