The Economic Affairs Minister said it would contradict Pakatan Harapan’s manifesto if PLUS was sold to a private entity that would still charge tolls or hike the rates.
He said Khazanah Nasional’s stand on the matter was clear.
“We are not about profits, Khazanah and EPF (Employees Provident Fund) want to serve road users.
“Unless there is a private party that wants to buy it and abolish tolls, good luck to you if you can get it (PLUS),” he said.
“We will discuss with all highway concessionaires in phases to reduce the burden of road users.
“But if you sell PLUS to the private sector that will still charge tolls and increase the rates, then it will not fulfil the manifesto,” he said.
Azmin confirmed that the government had received several proposals but added that Khazanah and PLUS needed to study them first.
“The proposals came from various parties and I trust Khazanah will ensure and guarantee that the processes are open and transparent,” he said.
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