Now this is alarming: not only is the 18km tolled Penang Outer Ring Road back on the cards again, the concessionaire is reportedly seeking to reclaim 61ha of land off Gurney Drive and 142ha at Middle Bank, close to the Weld Quay jetties.
When it comes to taking a stand on Porr, is there much to separate the BN from the Pakatan state government?
So the government has put off the highway toll hike to the end of the year.
But before you rejoice, think about this: the government will have to pay RM287m in compensation to the concessionaires:
That’s our money going straight into the concessionaires’ pockets. Easy money for doing nothing.
By the way, Plus Expressways Berhad made a profit before tax of RM1.5 billion for the year ended 31 December 2008 – up from RM1.3 billion the previous year.