KUALA LUMPUR – Prime Minister Dr. Mahathir Mohamad confirmed that the government will be retaining highway operator PLUS Malaysia Bhd under Khazanah National Bhd and the Employees Provident Fund (EPF).
However, the prime minister reiterated that it was Khazanah and EPF made the decision after receiving offers from other parties. He also said that it was the “best decision” to allow the highway to remain with the owners.“I didn’t decide on anything.
I did see his proposal. We studied all the proposals made by different bidders,” he told the press.
The cabinet also decided that PLUS will have a 20-year extension of the toll concession.