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Thursday, December 29, 2011

Zecon earnings likely to go up with revised toll rates next year (Star)

Zecon Bhd's earnings are expected to increase with the imposition of new toll rates on the privatised Tun Salahuddin Bridge across the Sarawak River here beginning next year.

From Jan 1, toll rates would be increased by between 7% and 10% for various classes of motor vehicles.

Zecon toll operation general manager Brandon Goh said the new toll rates, coupled with a projected 7% increase in vehicle volume, toll collection was expected to go up by 20% to RM14mil.

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