Putrajaya may ditch plan to buy Gamuda highways

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The SPRINT highway, one of four which the Pakatan Harapan government said it would take over.PETALING JAYA: The government is thinking of cancelling the proposal to take over four intra-city highways owned by Gamuda Bhd, according to a source in the know. Speaking to FMT, the source said the Cabinet had agreed to review the plan, which was made by the previous administration. “It would be a bailout,” said the source. “Why should the government take over an expiring concession? “Luckily the deal was not concluded by Pakatan Harapan (PH). It was just a couple of people who were pushing for it. I believe the new government is reviewing it with a view to rescinding the previous government’s decision.” The PH government announced last year that it would take over the Kesas, SPRINT, Litrak and SMART highways for RM6.2 billion. Last December, it was reported that the deadline to complete …