KUALA LUMPUR: The Pakatan Harapan government should undertake the management buyouts (MBOs) of highway toll concessionaires so that roads and highways are made free to benefit the people and not be used as tools for profiteering. He also proposed that the government undertake the MBOs of government-linked companies (GLCs) which have been criticised for competing with private sector firms. Subang member of parliament Wong Chen suggested that the Pakatan Harapan government should undertake the management buyouts (MBOs) of highway toll concessionaires so that roads and highways are made free to benefit the people and not be used as tools for profiteering. The Pakatan Harapan lawmaker said the government should study these options in efforts to accumulate more revenue for its coffers before embarking on MBOs of toll companies and GLCs. Wong said with the revision on toll rates, consumers should be paying less and “that’s at least a start” in lessening the people’s burden.

Source: New Strait Times May 20, 2018 04:07 UTC