Friday, April 25, 2008

Not So Good News for Mahkota Cheras

No good news regarding the Mahkota Cheras Access road.

Be prepared to pay (From The Star Online)

THE Selangor government will have to ensure that highway concessionaire Grand Saga Sdn Bhd is paid RM200mil in compensation if it allows the access road in Bandar Mahkota Cheras, Kajang to be opened.

Former Mentri Besar Datuk Seri Dr Mohamad Khir Toyo said when the road was first opened in 2005 the concessionaire had asked for RM200mil in compensation for loss of toll collection based on the formula in the concession agreement.

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