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The Malaysian Budget 2020 (Bajet 2020) tabled today by finance minister Lim Guan Eng will see the toll rate at the Second Penang Bridge (Jambatan Sultan Abdul Halim Muadzam Shah) reduced from the present rate of RM8.50 to RM7, in effect matching the RM7 toll rate at the first Penang Bridge. This toll reduction will take effect on January 1, 2020.
The concessionaire for the Second Penang Bridge, Jambatan Kedua Sdn Bhd (JKSB) was reported in August last year to be financially unstable despite satisfactory toll collection, and was urged to provide toll discounts in order to attract more users. Traffic as of 2017 recorded an increase of 1.97 million vehicles, or 32.4% compared to 2016, and toll collection stood at RM38.64 million or 29.5% higher than the previous year.
Motorcyclists no longer pay toll for using both Penang bridges as well as the Second Link to Singapore from January 1 this year, at an estimated cost to the government of RM20 million. Prior to winning the 14th General Election, the Pakatan Harapan coalition promised to remove toll collection if it wins GE14, however the new administration stated in August 2018 that the government would have to fork out RM400 billion if it was to abolish toll collection all at once.