Second Penang Bridge toll period to be finalised next year

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Second Penang Bridge toll period to be finalised next year

Postby admin » Wed Dec 23, 2009 4:13 am

BUTTERWORTH: The Govern-ment is expected to finalise by the first quarter of next year the toll concession period for the second Penang Bridge, scheduled for completion by the end of 2012.

Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop said there were many methods of setting the concession period and determining the amount of toll to be charged.

“We will consider all these and decide what is best for the people, especially those in Penang,” he said when commenting on a claim by social activist Anil Netto on his blog that the concession period for the bridge would be 45 years as stated in the Malaysian Highway Authority’s annual report last year.

Nor Mohamed, who heads the Economic Planning Unit, said the Government would conduct research to determine the amount each motorist would have to pay for using the bridge.

“We must approve an amount which everyone is able to pay so that it gives everyone an equal opportunity to travel on the bridge,” he told reporters after a meeting of the Pokok Sena farmers organisation authority here yesterday.

He said some concession periods allowed the concessionaire to raise the quantum of toll annually while some retained the same amount for several years.

Last year, the Government had set up Jambatan Kedua Sdn Bhd (JKSB), a special-purpose vehicle, to supervise and fast-track the second Penang Bridge project.

Read the full article:
http://thestar.com.my/news/story.asp?fi ... sec=nation
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