tag:blogger.com,1999:blog-37045477.post7754326376423731816..comments2023-10-15T21:42:27.426+08:00Comments on Philosophy Politics Economics: Memo To Works MinistryUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-37045477.post-10037861176330374712009-02-02T01:32:00.000+08:002009-02-02T01:32:00.000+08:00I would love to see one day the prev works ministe...I would love to see one day the prev works minister (...yeah, 'kicked out'...) having to be caught in the traffic jam & chaos of the LDP as an ordinary citizen. If any of the toll roads, eg LDP, cannot provide a jam-free or smooth traffic flow to road-users (paying for the service & financial cost...+ tax-payers $$$), they should do a 'refund' by not charging at all. The tolls itself causes traffic congestion. Not to mention, enviromental pollution. When the toll roads are free flowing, then the service is chargeable. Even with the volume of traffic, & still claim 'no profit' in order to suck tax-$, then something is clearly not right. <BR/><BR/>Anyway, thanks for the good job & revealing in concised description, the mystery of Malaysian Tolls.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-8759968684095546502009-02-02T00:01:00.000+08:002009-02-02T00:01:00.000+08:00Good work, Tony. I would imagine it is better to w...Good work, Tony. I would imagine it is better to wait until PR takes over the Federal Govt and pass a RICO law to tackle these bunch of crooks: http://tindakmalaysia.com/tm_forums2008/index.php/topic,315.0.html<BR/><BR/>pywonggranddaddyhttps://www.blogger.com/profile/11590475055410434945noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-42199108313633599492009-02-01T21:50:00.000+08:002009-02-01T21:50:00.000+08:00why there is a (“)(”) between the word ..The Gover...why there is a (“)(”) between the word ..The Government has to pay for the “value of construction works”...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-49745177996551294842009-02-01T21:46:00.000+08:002009-02-01T21:46:00.000+08:00Well how about the Toll Operator's that not listed...Well how about the Toll Operator's that not listed in Bursa? But owned by individual "Sdn Bhd" ... Grand Saga etc???<BR/><BR/>It look like back back is not the one and for all solution!<BR/><BR/>Right?NEOhttps://www.blogger.com/profile/02486175130558789063noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-41082101605667462882009-02-01T15:33:00.000+08:002009-02-01T15:33:00.000+08:00Sounds like a clever tactic to wave the expropriat...Sounds like a clever tactic to wave the expropriation clause around to get better terms at the (re)negotiation table.<BR/><BR/>But what if the bluff is called and the govt ends up having to in effect renationalise the toll roads? Is there any assurance that the govt is any better than the private sector in running these roads?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-57724736923284906232009-02-01T15:23:00.000+08:002009-02-01T15:23:00.000+08:00Tony,I appreciate the work that ur putting in to u...Tony,<BR/><BR/>I appreciate the work that ur putting in to unravel the mysteries of our toll concessions but may I suggest that you shld also look at FUTURE toll concessions.<BR/>Case in point is the Second Penang Bridge.<BR/><BR/>1>>The main driver of toll rates is the capex.Bring that down and the toll rates will be lower.P2X started life as a 3b project then grew to 4.8 b and seem to be settling down at 4.6 b.Reasons given are materials price increases>>well for a fact material prices are spiraling downwards to below 2006 levels now.On top of that the TS Zaini hv cut out the 2 crown jewels viewing platforms,saved 200m thru redesigns,incorporated VOP clauses and taken out the concession risks.The construction cost by pure logic shld now be below 3 billion.<BR/>2>The next driver is the cost of funds..The bridge is supposedly to be partfinanced by usd 800 m China loan at 3% for 20 years.With the current USD/Rm regime.we are already paying potentially 200m more as compared to the mandate period in 2007.And with the current crisis 3% is not such a low rate for a govt guaranteed loan??(the loan carries the proviso that a China contractors gets to do the job on a negotiated price basis)<BR/>3>the next driver is the projected traffic volume over the span of the concession.Bear in mind after the concession period the govt gets the bridge FOC..so the first penang bridge will be the moderator for p2x toll rates.<BR/><BR/>anyway,pls look into this and STOP the rot before its too late.P2X in its present form shld be scrapped and an open competitive construction tender exercise shld be carried out.If the price is well below the 4.6 b then all those involved in the exercise i.e CHEC,UEMB,TS Zaini,4th floor boys shld be brought to book for manipulation to defraud the nation.<BR/><BR/>I think u shld now know where our toll dollars for LDP,PLUS etc went.And u hv missed out the 2 biggest con game i,e the smart tunnel and Maju Expressway.<BR/><BR/>Don't allow penang second bridge to be the next one,kuldeephttps://www.blogger.com/profile/04860432336909833363noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-27927960804316006172009-02-01T14:45:00.000+08:002009-02-01T14:45:00.000+08:00For immediate actions to be taken by the Work Mini...For immediate actions to be taken by the Work Ministry in the interest of the rakyat...<BR/>----------------------------------<BR/><BR/>Tony,<BR/>Thanks for your efforts, but 'in the interest of the rakyat' never exists in UMNO/BN dictionary lah! <BR/><BR/>Change the Federal Government before we hope for any real actions taken to truly benefit the rakyat!<BR/><BR/>BN is truly hopeless!! I hope the rakyat's suffering will end soon after the demise of BN!Anonymousnoreply@blogger.com