00:00When the decision by the government to withhold, to tell these 10 concession holders, Alboraya,
00:08telling them that you do not increase your rates this year,
00:16the government have to pay more than 500 million ringgit to withhold that as a compensation.
00:24Second, the road users may not realise it, but the truth is it is really helping them out directly.
00:32You see, if the government does not withhold the increase or review of the toll,
00:41review until some increase in the toll, the user would be paying the new rates.
00:51The new rates are much, much higher than the present.
00:55Yeah, I cannot imagine.
00:56Sekarang pun, Razadah Wahan.
00:58So, when the decision by the government to withhold, to tell these 10 concession holders, Alboraya,
01:08telling them that you do not increase your rates this year,
01:14but the government have to pay more than 500 million ringgit to withhold that as a compensation to these toll concession companies.
01:30Why do the government have to pay?
01:32It is because it is in the agreement.
01:36It is in the agreement.
01:37Yeah.
01:38When these surrogate companies develop, build, and operate these, what you call these highways,
01:49it is already with a very meticulous, detailed agreement that spells out what they should do in terms of maintenance
02:02and what they can do, what they cannot do.
02:05And in the terms, definitely there is that clause where they are allowed for toll review.
02:13And toll review normally is upwards.
02:16Yeah.
02:17Yeah, definitely.
02:17Because why do government allow them to do that?
02:21Because this is based on their financial model.
02:25Okay.
02:25When they raise funding to build this toll, they have to repay those loans that they take up to build this and operate these highways.
02:38So, meaning to say that this is private funded, but kerjasama with kerjaan.
02:48So, meaning the government do not, in the first place, come up with billions of ringgit to build this toll.
02:54It was initiatives by the private companies.
02:59And they collect the tolls to repay the development costs, loan that they take up, and also to ensure that they have enough funding for maintenance of the road
03:11so that the roads are safe and, what do you call that, convenient for the use of the people.
03:19Meaning to say, this, what do you call that, toll, withholding the review upward, directly actually benefit the people
03:35because the road users are not paying what they should be paying if the toll has not been withhold.
03:44Okay.
03:45Yeah.
03:45How long will this last?
03:46This is only for this year.
03:482035?
03:482035, yes.
03:49So, January, we may be having to have a toll increase?
03:52I mean, there are other tolls may, Leboraya may also due for upward review.
03:59So, a riot must know this.
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