Malaysia's new expressway plans

The Malaysian Government is giving its approval for a new expressway project. The road link will be built by West Coast Expressway (WCE) and is expected to cost in the order of US$2.32 billion.
March 23, 2012 Read time: 1 min
The 3491 Malaysian Government is giving its approval for a new expressway project. The road link will be built by West Coast Expressway (WCE) and is expected to cost in the order of US$2.32 billion. The West Coast Expressway project will be handled under the build-operate-transfer (BOT) model and will feature a 60-year concession package. The road will run for 316km and will link Taiping in Perak with Banting in Selangor Some 224km of the expressway will be tolled while the remaining will be toll-free. A government support loan (GSL) will help WCE commence work on the project with the funds being supplied in stages from 2013. Until full payment of the GSL, toll revenue of the project will be divided into 30:70 between the firm and the government. After settlement of the loan, the revenue ratio will be reversed. Construction work on the expressway will be carried out through an open tender process. 4213 Kumpulan Europlus owns 64.2% stake in WCE.
Highway & Network Management

For more information on companies in this article

Related Content

  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
    Read More
  • New tolled highway plans for Indonesia
    November 1, 2012
    The authorities in Indonesia have set out extensive plans to source funding for new tolled highways. In all seven highway projects have been identified as crucial to expanding the network and improving connectivity for the Indonesian islands of Sulawesi, Java and Sumatra. Some US$25 billion in loans from overseas has been sourced by the Public Works Ministry of Indonesia.
    Read More
  • Vietnam road contract awarded
    August 17, 2021
    A major Vietnam road contract has been awarded.
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More

Highlighted Content