NPE to get 15km extension, toll rates to be revised
IJM Corporation Bhd’s wholly owned subsidiary, New Pantai Expressway Sdn Bhd (NPE), has signed a supplementary concession agreement with the government to undertake a 15km-extension project for the highway.
IJM said the government has also approved its proposal to restructure the highway’s toll rates, a move expected to save about RM191 million in compensation payments.
“Starting from the Pantai Dalam toll plaza and stretching to Jalan Istana via Jalan Syed Putra, the extension will provide a smoother, faster route into the city centre.
“By linking directly to the Jalan Istana interchange, the extension will connect three major expressways – the NPE, Sungai Besi Expressway (Besraya) and the upcoming Laluan Istana-Kiara Expressway (LIKE),” it said in a statement today.
The company said the extension supports the Kuala Lumpur…
