THE RM6.2 billion price tag that Putrajaya has offered to for the four tolled highway in the Klang Valley is not final, said Deputy Finance Minister Amiruddin Hamzah.

The government he said, will carry out due diligence process to determine the final value of the highways.

“If the due diligence process finds that the value is too low or too high… something must be done. The value is not final,” he told media at the Islamic Finance Innofest 2019 in Kuala Lumpur today.

He said what is important for the Pakatan Harapan government is to fulfil its election manifesto of reducing and eliminating tolls.

“The bottom line is we hope it will have a positive impact on road users and it will not burden the government financially.”

In June, the Finance Ministry issued an official offer to take over four highways in the Klang Valley, namely Lebuhraya Damansara Puchong (LDP), Sistem Penyuraian Trafik KL Barat (Sprint), Lebuhraya Shah Alam (Kesas) and the SMART Tunnel.

The proposal to take over the four highways was made to Gamuda Berhad, the concessionaire of the four highways.

Yesterday, it was reported the proposed takeover by the government has been put on hold for price evaluation. – Bernama, August 1, 2019.