BUTTERWORTH:
Motorists travelling along the Second Penang Bridge, which is due to
open in September, will have a toll-free ride in the first few weeks of
its operation.Toll rates for the 24km bridge will be officially introduced in October. Jambatan Kedua Sdn Bhd (JKSB) chairman Tan Sri Dr Sulaiman Mahbob said this during Deputy Finance Minister Datuk Donald Lim's visit to the site at Batu Kawan, near here, yesterday.
Dr
Sulaiman said the new bridge was expected to reduce the traffic
congestion on the current Penang Bridge by 25% to 30% and could cater up
to 100,000 vehicles per hour. Meanwhile, Lim said the Cabinet had yet to decide on the toll rates for the second bridge. He assured, however, that “it will be reasonable and not burden the people.” He said that apart from being the longest bridge in South-East Asia, it would also be the 20th longest bridge in the world.
Commending JKSB on the progress of the bridge, Lim said it was two months ahead of schedule and was currently 90.4% completed. The
bridge was scheduled to be joined at the mid-span in March while the
toll plazas, levelling and other infrastructure were expected to be
completed by June or July, he said. Lim said Malaysia struck its first borrowing deal of US$300mil (RM912.75mil) with the Chinese Government for the bridge.
“We
hope that this will open up more avenues for future loans with China,
which has the biggest foreign reserve in the world,” he said. Lim
said the construction of the bridge allowed for the transfer of
technology with the Chinese contractor (China Harbour Engineering
Company), which also built the world's longest bridge in the world
linking Shanghai to Ningbo in China.
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