KenaSaman.com

KUALA LUMPUR: SILK Holdings Bhd expects traffic flow on its Kajang SILK Highway to experience a double-digit growth in the next few years. SILK Holdings chairman Datuk Mohd Azlan Hashim said:

"For the time being, we are counting a loss in our highway infrastructure division, but we see it reducing organically as the traffic flow into the highway increases.

"This division experienced a loss reduction from RM26 million last year, to RM19 million this year," he told reporters after the company's annual general meeting here today.

The concession operated by Sistem Lingkaran Lebuhraya Kajang Sdn Bhd recorded a total traffic volume of 45.4 million vehicles from January to December 2010, a 17 per cent increase over the total traffic volume of 38.8 million recorded the previous year.

"In the first nine months of this year, there has been a further marked increase in traffic performance with the average daily traffic volume in excess of 140,000 vehicles daily," Mohd Azlan said.

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