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Water Supply
The stalemate to the consolidation of Selangor’s water
industry between the Federal and Selangor State
Governments (Selangor) seems to be broken, with prospects
of resolving the water restructuring issue looking more
promising.
This comes after an announcement in the second quarter
of 2013 by Selangor that it has received a letter from the
Federal Government, agreeing to Selangor acquiring all
four water concessionaires in the state.
This has set the tone for an amicable solution to the matter
in due time. It also indicated a renewed commitment to
resolve this long standing problem from both the Federal
and Selangor Governments after the 13
th
General Election.
In a letter dated 20 February 2013, Selangor via its entity,
Kumpulan Darul Ehsan Berhad (KDEB), sent a proposal
on its interest to purchase the entire 100% stake in our
40% associate company, Syarikat Pengeluar Air Selangor
Holdings Berhad (SPLASH Holdings).
However, at the time of writing, the proposal is still subject
to negotiation between KDEB and SPLASH Holdings for a
mutually beneficial outcome.
Tolled Highways
The performance of our highways division continues to
grow steadily over the years and has been consistently
delivering a significant and stable contribution to the
Group’s earnings.
Revenue from all our four tolled highways, namely
the Shah Alam Expressway (SAE); Damansara-Puchong
Highway (LDP); Western Kuala Lumpur Traffic Dispersal
System (SPRINT); and the Stormwater Management and
Road Tunnel (SMART), continued to grow and contribute
substantially to the division’s earnings.
For the Damansara-Puchong Highway (LDP), the average
weekday tollable traffic continued to rise and now stands
at 497,000 vehicles, as compared to 481,000 vehicles
recorded in the previous financial year. This represents
an increase of 3.3% in tollable traffic, registering a higher
growth than the 1.3% achieved in the previous financial year.
Operation wise, we are also pleased to note that the major
enhancement works, known as LDP 5 that commenced in
November 2009 had been fully completed on schedule. As
the upgrading works involved the northern, southern and
central sections of LDP, tollable traffic had also increased in
tandem during the financial year at all toll plazas.
In view of the large volume of traffic plying LDP on a daily
basis, relieving traffic congestion remains the top priority
for the division. Emphasis is now focused on effective and
efficient traffic management. This is especially so in view of
the ongoing massive construction works for the Klang Valley
Mass Rapid Transit (Sungai Buloh – Kajang Line) (KVMRT,
SBK Line) and the Light Rail Transit (LRT) extension projects,
along certain stretches of LDP and SPRINT Highway.
Constant monitoring and regular meetings are held with
relevant parties to ensure that works are carried out strictly
in accordance with the terms and conditions imposed by the
division. Apart from these two infrastructure development
projects, there are also major commercial developments
currently taking place along LDP, namely, Icon City at SS8
and Empire Damansara at Damansara Perdana.
For SPRINT Highway, tollable traffic at all three plazas
recordedgrowthduring thefinancial year. This is especially so
042
Operations
Review
Infrastructure Concessions
Gamuda Berhad (29579-T)
Annual Report 2013
Aerial view of the widened LDP after the LDP 5 Package C upgrading works that runs
from the Puchong Jaya Interchange towards Putrajaya and Shah Alam.