Malaysia tollway acquisition deal

The Malaysian Government is working on its proposed strategy of taking over 15 highway links in the country. This move is intended to help boost transport efficiency and reduce journey times for drivers. Should the arrangement go ahead as planned, the aim is to eliminate tolling on the routes by 2038. The highways that the Malaysian Government hopes to acquire are currently owned by Gamuda, IJM Corp, Plus Malaysia and Projeck Lintasan Holdings. These include the North South Expressway, one of Malaysia’s key routes. The strategy calls for a highway trust to be established that would purchase the highways from the current owners.