Toll rates not up to Putrajaya alone - Khazanah

The government is not the sole decision-maker in whether toll rates should be reduced or maintained, as it also dependent on stakeholders, says Khazanah Nasional Bhd managing director Shahril Ridza Ridzuan.

He pointed out that no government can make such a move and breach the contract with toll concessionaires.

“They will not simply dishonour the contract. No government can break those contracts,” said Shahril Ridza in response to a question posed during a panel discussion on the country's economic resilience at the 'Malaysia: A New Dawn-Investors' Conference' in Kuala Lumpur today.

Shahril said any discussion on the reduction or review of toll rates must take into account the amount of compensation to be paid to the stakeholders.

- Bernama