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Wednesday, February 21, 2024

Berjaya reported to be able to compete with YTL for MLFF toll undertaking, speaking to freeway concessionaires


Berjaya reported to be ready to compete with YTL for MLFF toll project, talking to highway concessionaires

In December, a complete of 32 freeway toll concessionaires protested the federal government’s transfer to instantly award the the multi-lane free-flow toll system (MLFF) contract to a single, non-public firm. The concessionaires stated that the “appointment settlement” with KJS-SEP Synergy, an organization linked to YTL Company, for the undertaking was carried out with out consulting the freeway concessionaires, who would ultimately foot the invoice.

Now, one other title has emerged on that entrance, with the Berjaya Group stated to be in search of help from freeway concessionaires on a competing bid to put in the proposed barrier-free system at toll plazas, FMT reviews.

A supply advised the information publication that senior Berjaya executives have held particular person conferences with representatives of the 32 concessionaires to get suggestions earlier than submitting its closing proposal to the works ministry. The supply reportedly stated that the Berjaya provide is extra palatable in comparison with the sooner proposal, which continues to be being thought-about by the federal government.

Berjaya reported to be ready to compete with YTL for MLFF toll project, talking to highway concessionaires

The supply stated that the Berjaya proposal would let the freeway concessionaires assemble their very own MLFF toll cubicles, whereas Berjaya or one other firm would supply toll assortment companies. With this strategy, the concessionaires will get their income the following day, as is being practised now, the supply revealed.

The report added that concessionaires are proposing that the corporate offering the toll assortment service to care for income leaks that come up when toll sales space boundaries are eliminated, as the businesses don’t need to be slowed down with monitoring down motorists who drive by toll plazas with out paying.

The concessionaires additionally need the MLFF to be carried out solely at main toll plazas within the Klang Valley, Penang and Johor, the place site visitors congestion is worse. This, the supply advised FMT, would convey down the deployment price by 30%. It has beforehand been reported that RM3.46 billion had been allotted to implement a MLFF system by 2025.

Berjaya reported to be ready to compete with YTL for MLFF toll project, talking to highway concessionaires

The objection from freeway concessionaires to the federal government’s plan of appointing the one firm to deal with the MLFF undertaking stems from problems with price and over contracts. The businesses contended that they may implement a free-flow system for at the very least 30% lower than the YTL proposal, and added that the transfer would additionally violate their particular person agreements with the federal government.

They contended that the YTL plan would permit the brand new firm to take over the concessionnaires’ toll operations and validation course of, which might give rise to “potential integrity points” relating to site visitors and toll income. Beneath the settlement, the corporate would stand to gather RM650 million to RM850 million yearly from the concessionaires over a 20-year interval.

The federal government has not decided on the matter. Final month, it was reported that the Public Accounts Committee (PAC) was set to examine the administration of the MLFF’s implementation by the works ministry.

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