Yes, you heard that right!
Based on the tabling of Budget 2020, our Finance Minister Lim Guan Eng announced that the government will take over four major highways in Klang Valley, which includes Shah Alam Expressway (KESAS), Damansara-Puchong Expressway (LDP), SPRINT Expressway and the SMART Tunnel (SMART).
Take note, that they did not state when this will come in effect yet!
Lim added that the congestion charges for peak hours and normal hours will be reduced by 30% compared to the current toll charges.
Meanwhile, for non-peak hours, it will be FREE for highway users – which means drivers can save up to RM180 million a year.
For those travelling to Penang, they will be glad to know that the toll bridges will be reduced from RM8.50 to RM7.
Additionally, there will be toll discounts starting 2020. This toll discount will be applicable across all PLUS highways at the moment and will see a minimum reduction of 18% on average toll charges.
Lim said that this discount will start in 2020 and according to the ministry’s estimation, it is expected that motorists who use this highway will save up to RM1.13 billion in 2020 alone. Meanwhile, this discount is expected to save RM43 billion over the entire concession period until 2038.
Stay tuned for more updates.
Also read: Budget 2020: Minimum Wage to Be Increased to RM1,200 in Major Cities