KUALA LUMPUR: The Federal government has no immediate plans to take over or nationalise all highways in the country due to the high cost involved, the Dewan Negara was told today.
Deputy Works Minister Datuk Rosnah Abdul Rashid Shirlin said, based on a study by Pemandu in 2010, it would incur a whopping RM383.3 billion.
The figure, she said, is later expected to increase after including other ready and operational highways after 2010, such as the Second Penang Bridge and the Second East Coast Highway (LPT2).
"This (taking over) will burden the government financially.
"Furthermore, this money can be better used for other social development efforts, which will have multiplier effects in areas such as education and health," she said today.
Rosnah was replying to a question by Senator Datuk Kadzim M. Yahya on the truth behind the "few winners but many losers" conclusion with regards to the proposal for the government to take over all highways in the country.