MindaCergas

Our tolled highways cost us RM16.4 million per km!

Posted by: mindspring on: March 26, 2007

Thank you Teresa Kok for getting an answer here on how much the toll operators have collected.

In a written reply on Tuesday to a question by Teresa Kok (DAP-Seputeh), Samy Vellu said the companies had collected RM23.65bil without stating the amount of bank loans obtained by the firms nor the interest rates.

I took some info from Lembaga Lebuh Raya Malaysia as follows:
Plus – 848 KM
KL – Karak – 60 km
Penang Bridge – 13.5 km
Shah Alam Express Way 34.5km
Kulim – Butterworth – 17.5 km
Elite – 48KM
Seremban – PD – 23km
Linkedua – 46km
SgBesi Hwy – 16km
Cheras – Kajang – 11.7km
LDP 1 – 23km
LDP 2 – 17km
Ampang Elevated – 7.4km
Sprint – 26km
NPE – 19.6 km
Silk – 37km
Lebuhraya Pantai Timur – 169 km
CGE Guthrie – 25km

The total length of our tolled highways are 1442.2 km. On the basis of Rm23.65 billion, our cost per km is : RM23,650,000,000 / 1442.2 km = RM16,398,557.76 per km.

Toll collection is reported at RM41 million per month or RM 1/2 billion a year.

By the way the reported “kos pembinaan” is 18.93 bilion or RM 13.125 million per km. Compare this to India’s cost below:

To give a relative feel for this, let me quote highway construction cost:

Foreign Firms Line up for National Highway Contracts

By Shalini Singh
Times News Network
May 17, 2003

NEW DELHI: About 16 large overseas builders are jostling for a piece of the Rs 12,000 crore-worth of contracts to build and improve 3,003 km of national highways. About 23 short-listed BoT projects to four-lane national highways have attracted 115-odd bids, many from Malaysia and Singapore.

The overseas bidders include IJM Bhd, Gamuda Bhd, Meinhardt, Tiong Seng Bhd, GMR, Dutcell, Hohup Bhd, United Engineers Bhd, Dhaya Maju Bhd, Maitas Bhd, RBM Bhd, SNC Bhd, Ose Bhd, HCM Bhd, RBH Bhd and Delomite.

The local list includes IL&FS (13 bids), Srei (7), Gammon (5), Gyatri Construction (7), HCC (5), L&T (5), Ircon (3), Unitech (2), IDFC (2), DS Construction (2), Punj Lloyd (2), Nagarjuna Construction (2), and Essar, Adani and Som Dutt with one bid each.

The renewed interest may be attributed not just to the value of the contracts Rs 9,009-12,012 crore but also to a more sensible bidding process that allows companies to pitch for entire projects, from feasibility studies to construction, operation and maintenance. Earlier, tenders for each aspect of a project were awarded separately, resulting in poor bidder turnouts.

The last date for submission of applications for empanelment was April 18, with a 15-day extension. The shortlisted candidates are likely to be announced tomorrow.

These 3,003-odd km of projects form part of the 10,000 km national highways that the ministry of road transport & highways (MORT&H) is taking up to four-lane over the next 4-5 years.

They are not included in the 13,000 km of national highways that classify as NHDP projects. The base construction cost for most of the sections for the four-laning of the 3,000 km which is to be awarded in this fiscal is Rs 3-4 crore per km, while the contract length is likely to be 50-100 km.

The work includes rehabilitating and upgrading the existing 2-lane section to a 4-lane divided carriageway, rehabilitating existing pavements, construction of major and minor bridges, culverts, road intersections, interchanges and drains.

Ind Rupee = 3 crore = RM 2,398,505.13, of course this doesn’t include maintenance and service, but surely it cant be RM16.4 mil per km….

For full details, please visit Teresa Kok’s site.

2 Responses to "Our tolled highways cost us RM16.4 million per km!"

OMG, ka-dush!
*jatuh tersungkur kat lantai…

[...] read the whole chronology - click here. If you wish to know why they wont declassify, then read here please. Possibly related posts: (automatically generated)SAMY Hides behind OSA on toll [...]

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