Memo on PLUS acquisition to be presented to Cabinet soon – Baru Bian

KUALA LUMPUR: The discussions between the Works Ministry, Economic Affairs Ministry and Finance Ministry on the issues related to the acquisition of highway concessionaire PLUS Malaysia Bhd and toll roads are ongoing, said Works Minister Baru Bian.

He said the memorandum on issues related to the acquisition of PLUS and the future direction of toll roads in the country are expected to be presented to the Cabinet by the middle of this month.

The first meeting between the three ministries was held last week, while the second one would be held in the near future, he said.

“We have already held a meeting; they (officials of three ministries) will meet again. After all issues (PLUS and toll roads) have been discussed, there will be a memorandum to be presented to the Cabinet based on the (joint) decision of the three ministries.

“So this is to be done shortly – we are targeting the middle of this month, if possible. That’s the latest development thus far. For the time being, this meeting is just between the three ministries,” he said at a press conference after the official launch of the National Technical Profession Day 2019 yesterday.

He said the government has received five offers to take over the PLUS-operated toll highways. – Bernama

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