Takeover of toll concessionaires may cost less than RM400 billion, says Pua

KUALA LUMPUR: The toll concessions takeover may cost less than the RM400 billion projected by the previous government, said Ministry of Finance special officer Tony Pua.
"The RM400 billion figure was being tossed around by the previous government by taking into account the compensation to be paid to the toll concessionaires which includes future gains," he told reporters at Parliament lobby today.
Pua, who is also Member of Parliament for Damansara, said that if the Pakatan Harapan government were to take over the toll concessions, even though it had yet to be planned, it would only pay the compensation based on the rates in the contract.
"We will only pay the compensation based on the contract rate, that is the construction cost of the highways. We have to do the calculation again, and it will not include future profits," he said. – Bernama