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Highways are public infrastructure just like ports and airports. The major difference is that highways serve thousands of motorists, while the operators of ports and airports serve a select group of shipping lines and airline owners.
PETALING JAYA: The government is expected to acquire more toll highways in the future, especially those with matured traffic flows and shorter remaining concession years, according to a research house.
CONGLOMERATE MMC Corp Bhd, which lost nearly RM4bil in market capitalisation over the past two years, has come under the spotlight again.
KUALA LUMPUR: The federal government’s plan to take over the tolled highways will be on a willing buyer-willing seller basis, according to CIMB Equities Research’s brief check with Gamuda Bhd.
KUALA LUMPUR: IJM Corp Bhd expects its construction division to perform better from the second half of next year as its current projects are still at the initial or foundation stages.