Sale is slow for South Klang Valley Expressway and Silk Highway

Malaysia’s South Klang Valley Expressway (SKVE) remains unsold despite being up for sale “for some tie”. The Star newspaper reported unnamed sources saying the SKVE has suffered from low traffic volumes, compared with the Silk Highway, which is now also up for sale. SKVE connects to the 37km Silk Highway – also known as the Kajang Traffic Dispersal Ring Road - at the Universiti Tenaga Nasional interchange, collectively stretching from Seri Kembangan to Pulau Indah. Together, 90km of continuous high
June 8, 2016 Read time: 2 mins
Malaysia’s South Klang Valley Expressway (SKVE) remains unsold despite being up for sale “for some tie”.

The Star newspaper reported unnamed sources saying the SKVE has suffered from low traffic volumes, compared with the Silk Highway, which is now also up for sale.

SKVE connects to the 37km Silk Highway – also known as the Kajang Traffic Dispersal Ring Road - at the Universiti Tenaga Nasional interchange, collectively stretching from Seri Kembangan to Pulau Indah.

Together, 90km of continuous highway is up for sale, the report noted.

SKVE Holdings was incorporated as a private limited company in 1996 to be a special purpose company for the privatisation of the South Klang Valley Expressway. According to SKVE Holdings, with the development of the country’s new administrative capital, Putrajaya, about 30km south of the Kuala Lumpur city centre, there was a need to have a good expressway linking Kuala Lumpur’s centre to the new capital.
Finance & Funding

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
  • Major highway growth in Portugal
    February 14, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved
    Read More
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More

Highlighted Content