MindaCergas

More thoughts on Toll Cost

Posted by: mindspring on: March 28, 2007

I hope Teresa Kok will continue to pursue the toll matter…..

What I would like to know is, if the figures quoted is only what has been collected from the public or does it also include the subsidy from the government, which is reported to be Rm479.7 mil over the last 6 years.

Mathematically RM479.7 mil / 6 years = 79.95 million per year

Samy Vellu did speak of the LDP increase and says although toll is going up by 60sen, the government still has to subsidies 50 sen. which works out to be:

400,000 toll-able trips per day x 50 sen x 30 days per month x 12 months per year = RM72 million in subsidy per year. Does that mean the bulk of the subsidy is going to LDP?

Remember, this is what The Star quoted Samy Vellu saying

Works Minister Datuk Seri S Samy Vellu said, for example, the Government was paying 50 sen for every passenger car passing through the Damansara-Puchong Expressway (LDP) toll plaza.

“Although the toll will be increased by 60 sen from Jan 1 next year, the Government will still be subsidising 50 sen,” he told a press conference at his office here yesterday.

He also announced the toll increase for the Cheras-Kajang (or Grand Saga) Highway, Kuala Lumpur-Karak Highway, Guthrie Corridor Expressway and Kesas (or Shah Alam) Expressway during the press conference.

Samy Vellu said the Government had paid RM479.7mil in toll subsidy in the past six years.

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